Getting Your Property Sold QUICKLY!

By
Real Estate Agent with Wagner Realty

Getting Your Property Sold QUICKLY!

When you're selling your home, the price you set is a critical factor in the return you'll receive. That's why you need a professional evaluation from an experienced Realtor®. This person can provide you with an honest assessment of your home, based on several factors, including:

  • Market conditions
  • Condition of your home
  • Repairs or improvements
  • Selling timeframe

In real estate terms, market value is the price at which a particular house, in its current condition, should sell within 30 to 90 days.

If the price of your home is too high, this could cause several things:

  • Limits buyers. Potential buyers may not view your home because it appears to be out of their buying range.
  • Limits showings. Other salespeople may be more reluctant to view your home.
  • Used as leverage. Other Realtors® may use this home to drive the sale of other homes that are better-priced.
  • Extended stay on the market. When a home is on the market too long, it may be perceived as defective. Buyers may wonder, "what's wrong," or "why hasn't this sold?"
  • Lower price. An overpriced home, still on the market beyond the average selling time, could lead to a lower selling price. To sell it, you will have to reduce the price - sometimes several times. In the end, you'll probably get less than if it had been properly priced in the first place.

Realtors® have known it for years - well-kept homes that are properly priced in the beginning always get you the fastest sale for the best price! And that's why you need a professional to assist you in the selling of your home.  As a seller you must keep in mind that if it isn't a cash deal, the buyer must apply for a loan.  The lender is going to look at the appraised value of the property and make a decision on how much to lend to the buyer.  In today's market environment if the seller doesn't agree with my Market Analysis, I advise them to get an appraisal done before putting the home up for sell. 

Call 941-518-9421     Your Local Real Estate Professional

TO DISCUSS ANY REAL ESTATE QUESTION YOU MIGHT HAVE

www.ManateeAreaHomes.com

Comments (3)

Andrea Kappre
Keller Williams Hometown - Mantua, NJ
New Jersey Realtor, New Jersey MLS, Homes for Sale

Good advice Fred.  You hit the nail on the heard about overpriced homes and reduced showings due to that fact. 

Jan 04, 2010 01:40 PM
Sharon Alters
Coldwell Banker Vanguard Realty - 904-673-2308 - Fleming Island, FL
Realtor - Homes for Sale Fleming Island FL

Fred, that is a great suggestion. That way it's settled. How many actually do an appraisal?

Jan 04, 2010 01:41 PM
David Monsour
Keller Williams Keystone Realty - Gettysburg, PA
ABR - www.realty-insights.com

Fred good advice.  Buying listings via high pricing never pays off.  Proper list price and a home in good condition will not stay on the market long.

Jan 04, 2010 01:46 PM