The most important step in selling your home is finding that sweet spot, the accurate market value of your home. If it’s priced too high, you will know in the first few weeks.
The biggest mistake home sellers make is pricing their new listing too high thinking they can always lower the price later.
Seasoned Realtors watch the new listings coming on the market each day. These new listings are introduced on all the international Real Estate web sites and viewed by thousands of potential home buyers. This is when your listing gets the most exposure. You only get one chance to make a great first impression. A high priced listing is going to help your neighbor sell their home & waste precious time. The first 2 or 3 weeks are critical!! If the listing is priced to low a Realtor is leaving the seller's money on the table. This to me is a disservice to the customer.
Getting a true accurate market value of your home takes research, market knowledge and experience. There are so many factors that equate into the formula. A computer based home value engine treats all homes by price and square footage. It doesn’t take into consideration if a home was well cared for, has an updated master bath or is backed up to a main road. When a buyer applies for a mortgage the new lender sends a competent appraiser out to evaluate the property.
If the contract price is higher than the appraised value, the whole process of showing your home, taking it off the market when the contract was signed, etc., was all a waste of time. This is a very complex evaluation reviewing recent sold properties in your area and comparing them to the subject property. Every detail of the property will be considered and compared with the recent sold properties in your area.
If you are considering selling your home it may be worth more than you think. For a true, accurate market value of your home that is backed up by facts, contact me and I will visit your home and do a complete comparable market analysis. Then I will show you my international marketing plan that will get more qualified buyers into your home.
David Foster GRI
239-246-5660
Web Site www.davefoster1.realtor
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