What's My Cheswicke Farm Home Worth? February 2016

What's My Cheswicke Farm Home Worth? February 2016

• Properties currently Active on the market: 4
• Single-family properties closed in February: 2
• Average sales price: $398,250
• Average list price: $411,950
• Average sales price to list price ratio: 96.7%
• Average days on the market: 79
• Cheswicke Farm absorption rate: 2 months of inventory (a normal or steady market would be 5-7 months, a buyer's market would be in excess of 7 months, and a seller's market would be less than 5 months)

Cheswicke Farm is in an extreme seller's market. However, the sales price to list price ratio is low when compared to the 99.6% Franklin homes priced between $350K to $450K show.  The average days on the market of 79 are high compared to 40 days for this price range. Homes priced under $400K are in a better position to sell quickly.

Wondering what your Cheswicke Farm home is worth? Just click the photo below and you will receive your home valuation instantly. No more forms to fill out and then wait for a response. You receive the report in seconds.

Cheswicke Farm has a desirable location. It is just minutes from I65, historic Franklin and Cool Springs Galleria. Students from this neighborhood can even walk to Centennial High School. It's easy to see why the homes are selling quickly here.

While the housing market is quite good right now, buyers have become more particular than ever. A recent National Association of REALTORS® survey revealed 92% of buyers begin their home search on the internet. Properties heavily marketed there have a greater opportunity to be found by home buyers. This goes way beyond just syndicating your home from the MLS to national portal websites.

Because so many buyers are beginning their home search online, photography has become an important marketing tool for real estate agents. The best way to showcase your home is through the use of professional photography. It is by far the biggest bang for your buck.

Sellers should always ask their real estate agent, if professional photography will be used. If not, find an agent who will. Don't let an agent tell you because we're in a seller's market it isn't necessary. Guess what? No decent photos, no showings. 

Professional photography isn't the only requirement. The best way to bring attention to your Cheswicke Farm home is to have an agent who is using the newest technology to get the word out about your home. This includes the use of social media and blogging. Something not many listing agents in the Franklin housing market are doing.

We also create a single-property website. This site is used in all our social media and blog posts. It is optimized to be found in the search engines. This single-property website for 1349 Jewell Avenue, Franklin TN can still be found in the search engines. If you search this address on Google, you'll see this website pop up. That house sold last year and Google still shows it in the search engines. That's the type of coverage you want for your listing.

With the recent changes in the way our multiple listing service is sending out information to the national housing websites, it's important to have an agent who really has an understanding of aggressively marketing your home on the internet. Especially, if your home has a unique feature that buyers may be looking for. Having your home promoted all over the country is essential to a quick sale.

Buyers are searching for key features that your home may have. Unfortunately, the multiple listing services limits the information we can provide about your Franklin TN home. Blogging about your home's features brings that information directly to buyers in search of a home just like yours; no matter where they are in the country. Many of our clients who are from other states who found us from our internet content.

Not convinced that Franklin Homes Realty LLC leads the pack in internet dominance, let me Google that for you. As you can see our website, www.FranklinTNHomesforSaleOnline.com ranks in several places on the first page of Google. We are the only local real estate company to do that. The other spots are taken by national real estate sites and brokerages. This placement isn't due to ads. The only way to rank in these spots is by being recognized as an authority by Google for Franklin TN real estate.

Curious how we do this? When you get ready to sell your Cheswicke Farm home, contact Tammie White of Franklin Homes Realty LLC at (615) 495-0752 and we'd be happy to share how we can do this for you.