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What's My Cool Springs East Home Worth? February 2016

By
Real Estate Broker/Owner with Franklin Homes Realty LLC

What's My Cool Springs East Home Worth? February 2016

  • What's My Cool Springs East Home Worth? February 2016Properties currently Active on the market: 2
  • Single-family properties closed in February: 2
  • Average sales price: $433,000
  • Average list price: $432,400
  • Average sales price to list price ratio: 100.1%
  • Average days on the market: 60
  • Active listings under contract: 0
  • Cool Springs East absorption rate: 1 month 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)

Cool Springs East is currently experiencing an extreme seller's market. Based upon the sales price to list price ratio and average days on the market, I'd say these sellers did something right to sell so quickly. 

Wondering what your Cool Springs East home is worth? Click the photo below to be taken to an instant property valuation report.

What's My Cool Springs East Home Worth? February 2016

Cool Springs East draws buyers because of its prime location in the Cool Springs commercial area. However, pricing and condition are still paramount to a quick sale. Buyers are looking for updates such as granite counter tops, hardwood floors and stainless steel appliances. These features will increase the value of your home.

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. 

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

Additionally, you want an agent who will bring attention to your Cool Springs East home by using the latest technology. Print media and open houses alone just aren't sufficient anymore. Agents need to use social media and blogging to find home buyers. Something not many listing agents in the Franklin housing market are doing.

With the recent change 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 service limits the information we can provide about your Cool Springs East 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 find us from our internet marketing about Franklin TN homes.

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 Cool Springs East home, contact Tammie White of Franklin Homes Realty LLC at (615) 495-0752 and I'd be happy to share how we can do this for you.

Posted by
Tammie White, Managing Broker/Owner
CLHMS, CRS, GRI, SFR
Franklin Homes Realty LLC
Franklin, TN
(615) 495-0752 
GET REAL. GET LOCAL.
 
This posting with the content written here and photographs displayed are the intellectual property and opinions of Tammie White of Franklin Homes Realty LLC. Any party who uses this material without the written permission of Tammie White is subject to copyright infringement and possible lawsuit.

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