The Three P's of Preparing a Home for Market

By
Real Estate Agent with RE/MAX Preferred

Pricing right, presentation and property condition (Three P's) are the recipe for getting homes sold in today's market.  Today's buyers are looking for a 'good value' and adhering to the three P's allows a property to stand out as a good value.  Pricing competitively will allow a property to stand out from the competition. Similarly, presenting a thoughtfully 'staged'  home will allow the buyer to visually move into the property and proper upkeep of a home minimizes the buyers list of objections.  A skilled Realtor with staging experience can assist with successful preparation of a property in today's market.

To determine whether a home might be considered a 'good value' to a potential buyer, first evaluate the three P's; price, presentation, and property condition.  Next, compare the properties three P's to actual competition in the price range or neighborhood. A Realtor with knowledge of the local market and inventory can evaluate the three P's almost automatically, and to be sure, a quick visit to competing listings and/or other neighborhood listings puts it all in perspective.

Reach out to Melissa and the SW Illinois Real Estate Team for more information about Southwestern Illinois Real Estate.

Comments (6)

Ed Macias
Real Estate Teammates - Miami, FL
Miami FL-REO Property Management Multifamily

Good information. I work referrals. If you are interested let me know.

Jun 30, 2010 11:44 PM
Ana & Melissa SW Illinois Real Estate Brokers
RE/MAX Preferred - Belleville, IL

Thanks, Ed. :-) 

My first time posting here.  You have a lot of great content in your blogs.  

Jun 30, 2010 11:52 PM
Letitia Stevenson
BHHS Fox & Roach | www.DelawareValleyRE.com - Greenville, DE
Listing Agent DE/PA/MD, Digital Marketer & Coach

Melissa, Welcome to Active Rain! Active Rain is a great place to share your knowledge, expertise and thoughts, as well as network and learn so much from the vast pool of talent already onboard.

Welcome Aboard and Much Success!

Jul 02, 2010 01:05 AM
Ana & Melissa SW Illinois Real Estate Brokers
RE/MAX Preferred - Belleville, IL

Thank you for such a warm welcome, Letitia!  You're right, it seems AR offers so much more than I had anticipated.

I'm very excited!

Jul 06, 2010 05:46 PM
Letitia Stevenson
BHHS Fox & Roach | www.DelawareValleyRE.com - Greenville, DE
Listing Agent DE/PA/MD, Digital Marketer & Coach

Hi Melissa, I would like to invite you to subscribe to my ActiveRain Blog by clicking here Subscribe to Letitia's Blog.

Also, I recommend that you check out the following posts/resources for getting started here on ActiveRain:

  1. ActiveRain Point System
  2. Blogging and Time Management
  3. ActiveRain Guide
  4. ActiveRain Manual
  5. ActiveRain Starter Kit
  6. Getting Started on ActiveRain
  7. ActiveRain University
  8. How to Jazz Up Your Blog
  9. ActiveRain FAQs and Help
  10. ActiveRain Radio
  11. ActiveRain Support Team 
  12. ActiveRain Suggestion Box

All the Best! Letitia

Sep 12, 2010 06:47 PM
Ana & Melissa SW Illinois Real Estate Brokers
RE/MAX Preferred - Belleville, IL

I just subscribed to your blog Letitia!  Thank you for the links and very timely too... I was just wondering what all the different point categories were about.

Sep 20, 2010 04:50 AM