Helping the South Lake Tahoe, CA Home Seller sell their house (intro)
(Lake Tahoe Real Estate Blog / February 14, 2012 / Richard Bolen)
One of the things we do is provide as much information as possible to help a South Lake Tahoe, CA home seller sell their house. To be successful at that there is much a seller needs to know, comprehend and ultimately accept.
This is our introduction to a new five-part series that will help all home sellers. The next five posts will focus on each of the top five things a seller needs to take into consideration.
In general, and this is the bottom line, a seller needs to price their house properly. To do that, one has to be informed, or fully market aware. It is that market awareness, and keenly so, that helps a home seller overcome the single biggest mistake a South Lake Tahoe home seller can make: listing their house too high.
When a home seller lists their house too high, it costs them time and money. This series will detail exactly how much time and how much money listing too high costs.
The top five things a home seller needs to be aware of are:
1. Absorption Rates
This informs a seller about market demand; it identifies a seller's competition, tracks the number of competitive sales a month and pinpoints how long it will take to sell the current inventory in a seller's price-range.
2. Characteristics by Price
This informs a seller about current home prices by examining the key characteristics of a house over time.
3. Characteristics by Size
This helps a seller develop a listing strategy by examining key characteristics of a house based on comparative size.
4. The Odds of Selling
This helps a home seller fully understand their odds of achieving success over time.
5. The Effect of Listing Too High
This exactly identifies what it costs a home seller to list their house too high, both in terms of time and money. The results are both stunning… and a great savings for the South Lake Tahoe, CA homeowner.
Posts in this Top Five Things a Seller Needs to Know series:
Feb 18, 2012: (Pt 2) Characteristics by Price: one of the Top Five Things a South Lake Tahoe Home Seller Needs to Know
Feb 16, 2012: (Pt 1) Absorption Rates: one of the Top Five Things a South Lake Tahoe Home Seller Needs to Know
Some previous Lake Tahoe Real Estate Blog Posts:
Feb 11, 2012: South Lake Tahoe Home Values Then and Now
Jan 12, 2012: Final 2011 South Lake Tahoe Home Sales Report
Jan 5, 2011: Final Stateline, NV 2010 home sales report
May 16, 2009: South Lake Tahoe 2009 Home Sales: Stateline, NV
Jul 27, 2010: U.S. Home Prices Increase… so what about South Lake Tahoe?
Feb 11, 2010: South Lake Tahoe, NV Home Sales in the last 365 days
Dec 21, 2009: South Lake Tahoe, NV: Stateline Home Sales in the last 365 Days