Selling your home can be a stressful and emotional experience. The most often asked question by an owner is how much they can sell their property for and how to get the best price for it. There are many factors involved when determining the fair market value of a home. Location, age, improvement, zoning, schools and also what the house down the block has sold for, all come into play. It is important to choose the right realtor who is familiar with the area your home is located, understands the market conditions and what the buyers are looking for.

Make sure you find a realtor who will look after your interests and work with you. One complaint I often hear is that the realtor lists the property and disappears completely until there is an offer to purchase. In the meantime, the homeowner is left out in the cold with no idea what is going on.

There are many components to consider when getting your home ready for sale. Having a market evaluation to determine what your home could sell for is only the first step. There are other aspects to the selling process a realtor should discuss with you such as a marketing plan, showing schedule, and the preparation needed to make your home show well. When an offer to purchase is presented, a good realtor will remain levelheaded and negotiate a deal that will look after your best interest. It is important that you develop a trusting relationship with your realtor during the process of selling your home, so when it’s time to negotiate, you can trust the realtor to guide you through.

Pricing strategy is a critical component when your home is listed for sale. A correctly priced home will generate a healthy number of showings and sell within a reasonable amount of time for a fair market value. An overpriced home could sit on the market and become stale. On a downward market, a homeowner with unrealistic expectation might even reject a fair offer that later on may become desirable as the market declines further. A property priced below fair market value would likely attract a great deal of interest, possibly generate multiple offers, and then sell in a short period of time. However, this option should be employed wisely based on the current market conditions.

If you would like to receive a complementary, accurate market evaluation of your home, please contact me.