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Ask Garden Gnomes...How Home Sellers Get Best Price?

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Real Estate Agent with HomeSmart Real Estate BR632450000

You may have questions about real estate and about how to get the highest price for your home when it is time to sell? You could ask me as your personal Realtor or you could ask the usually reliable but sometimes erratic "Garden Gnomes".

 

You prefer to start with the garden gnomes, you say. OK, OK. Your Realtor is busy and the Garden Gnomes are sitting around outside in where else, your garden. Wisdom awaits.

garden gnome real estateAsk the garden gnomes about real estate & how to get the highest price for your home and give your Realtor the day off

 

Garden Gnomes are in the Garden Waiting For Your Question

 

Walking into the garden, the Garden gnomes meditate and answer the question, "How do you get the highest price for your home"? 

 

The house has the need of work, so who will be pay me the highest dollar for my home. I get letters in the mail saying will pay cash for my home, no repairs needed. Walk away. Should I do that? Does it pay off to use a professional real estate agent when I have to pay a commission?


The Garden Gnomes may say paint and add a new pond, plant some shade trees and give us a doggie door where we can come into the house and stay cool. Garden Gnomes also like to hide in closets so they may ask for that too. However, that may not really get the highest price for your home.

 

MLS = More Lucrative Sale

 

Should a Seller list their home on the MLS with their Realtor or sell the home by owner? What does MLS mean? Well some believe it means Multiple Listing Service used by professional real estate brokers and agents and it surely does. What does MLS really mean to you the Seller? Well, MLS means "More Lucrative Sale" at the true market value of course. Get the highest  price for your home whatever the condition of the home. How?

Realtor MLS       MLS will actually mean is a "More Lucrative Sale" of your home at maximum & True Market Value

 

When a Seller lists their home with a professional Realtor on the MLS it is intantly made available to thousands of qualified buyers (not Lookey Loos and Nosy Neighbors) in the local market and around the world. These Buyers are also represented by professional real estate agents that bring a qualified (cash or loan) Buyer to see the home. Having many Buyers that are qualified to buy allows the home to sell at the true market price based on our free market society rules of "Supply and Demand" 

 

Suppy and Demand

 

What is Supply and Demand you may ask? "In classical economic theory, the relation between these two factors determines the price of a commodity. This relationship is thought to be the driving force in a free market. As demand for an item increases, prices rise....per Dictionary.com)

 

Therefore if you have many buyers seeing the home that are qualified to make a purchase, the price of that item (the home being sold) will rise.

 

Highest Price and Real Estate Commission

 

For a Seller that believes they will save on a real estate commission by listing their home as "For Sale By Owner" will find they may save on a commission but fall far short in their Seller proceeds on the sale by selling the home at a much lower price than if there were many Buyers seeing the home. The more Buyers and qualified Buyers (important) will cause the price of the home to rise.

 

Think About It

 

Think about it. A seller sticks a For Sale By Owner sign in front of their house and advertises it to avoid a commission. Who will see this ad. Well maybe some of the public or flippers. Both are looking for low ball purchases that they can move into or flip. Think about it some more. A Buyer does not pay a Real Estate agent usually. If they were going to buy a home, why would they go to a For Sale By Owner home other than trying to get a low ball offer. Separately, these low ball cash Buyers are trying to buy a home at the lowest possible price in order to do a fix and flip for a profit. The Buyer and not the Seller is going to ultimately reap the reward of selling at the true market price. Where will the cash Buyer sell the home after the fix up is complete? Well on the MLS of course for a More Lucrative Sale at the true market price.

 

Realtor skills and looking out for Seller's Best Interests

 

Besides the benefits of a More Lucrative Sale on the MLS, the Seller's agent and the Buyer's agent are skilled and will write a professional contract to close quickly and smoothly. The Seller's agent will use the MLS and a lockbox to attract the qualfied Buyer with a lockbox showing. People seeing a Seller's home will be known taking the risk out of the transaction of unknown parties calling a For Sale By Owner to schedule a showing. Who are these people coming to the home? Are they legitimate, safe, do they have a prequalification for a loan? What do you really know about them as they check out the inside of your home? Not much.

 

Qualified Buyers and Not "Lookey Loos" and "Low Ballers"

 

A Buyer's agent that shows the home will have prequalified the Buyer or else they would be wasting their time. A Seller should want only qualified Buyers looking at the home and not nosy neighbors, lookey loos or buyers that are hoping to score a low ball offer or worse yet just ask the Seller to "carry the mortgage" until they work out of their financial difficuties. No No No, a Seller does not want that!

 

Professional Realtor and MLS Means Selling at Highest and True Market Value Price

 

The solution to a More Lucrative Sale is to put the home on the MLS with your professional Realtor. Sell your home at the true market price using the principle of Suppy and Demand. Have as many qualified Buyers see the home as possible so the home sells at the true market price. So even if your home needs some work, it will still sell at the True Market Value and not a low ball cash price.

 

When you are ready to sell give me a call. I would be pleased to help you sell your home at the full market price and bring you qualified Buyers that are ready to purchase now. Visit me at Sell My Home in Arizona.  

 

home for sale scottsdale arizona            Check here to find a Free MLS search in Arizona to see homes sold at True Market Value

 

Well there you have it from my perspective as a professional Realtor.

 

The garden gnomes may look wise and have some good answers, but I as your licensed Realtor am ready to help and represent you as your personal Seller or Buyer's agent.

 

Give Garden Gnomes a Day Off and Call Me Your Professional Realtor

 

Ready to give the Garden Gnomes the day off and talk to your Realtor to get your home listed? Thanks, I am ready to help you.  Are you ready to buy a home? For answers to your questions: Selling My Home in Scottsdale or Arizona or Buying a home in Scottsdale or Arizona.

 

If you are looking to move to Phoenix including Scottsdale or to buy a home in Arizona or sell a home in Arizona, contact Jeffrey Masich, Associate Broker and Realtor. I would be pleased to help you and look out for your best interests while finding you the right home at the right price!

 

Free MLS Search ArizonaPress FREE MLS Search for search for homes for sale in Arizona

Posted by

Jeff Masich

Broker/REALTOR®

Scottsdale including Phoenix, Tucson and Prescott metros and throughout Arizona


Buy/Sell with Arizona Homes and Land Group. Ask me, Group Leader about Metro Homes or Ranches and Large Acreage properties throughout the state.

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 Jeff Masich Arizona Homes and Land Group HomeSmart

 

 

 

 

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