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How Do Professional Agents Sell My Home?
Some home sellers have had dozens of
buyer previews but not one purchase offer. In buyer's markets, it is especially
important to pull out all the stops and make your home stand out among the sea
of inventory on the market. Ask yourself why a buyer would choose your home over
all the other homes for sale.
Comparable Homes for
Sale
Check out your Your Canandaigua Real Estate competition. If 90% of the homes in your market are not selling, then your home needs to outshine the top 10%. Look at the homes that are pending sales because that's your current indicator.
Sold comps could be two to three months in arrears of market movement. You want to know what is happening right now, and pending sale data will tell you which homes are selling.
Apart from preparing your home for
sale, consider its condition. Perhaps you should consider adding updates or
doing repairs before selling. If the top 10% on the market have new carpeting
and your carpeting is worn and dated, your home is not going to sell. Replace
the carpet. Paint the walls neutral -- not white. Check its curb
appeal.
Photographs
Homes in MLS that have one photo are passed by. Homes with dozens of photographs get noticed. Take quality photos or hire a professional photographer. Shoot wide angles with plenty of light showcasing your home's best features. For goodness sake, keep the toilet lid closed.
Unless your bedrooms differ from one
another significantly, just shoot the master bedroom or largest bedroom. Don't
get yourself or the camera in the photo of the bathroom by shooting the mirror's
reflection. If your hallway is narrow, don't take a picture of it. Get a close
up of your fireplace or other interesting feature instead. Take several photos
of the kitchen. The kitchen is generally the most important photo. Before
photographing the dining room, set the table. Living room photos should show
space, so move out some of that furniture.
Remember to include the back yard
and gardens. Your Canandaigua Real Estate agent should add descriptive text to
each photo; make your poetry sing.
Extensive Marketing and Advertising
No single aspect of marketing sells
a home. It's a combination of marketing efforts. Your Vernon Hills Real Estate
agent should use the local newspaper, the internet, email marketing and
more.
They could also print four color postcards and mail them to surrounding
homes in the neighborhood and to out of area buyers.Create four-color flyers
containing several photos to distribute to prospects and those who tour your
home. Hire a virtual tour company to shoot and upload videos. Massively
advertise every weekend. Hold Open Houses on Sundays that coincide with other
neighborhood open houses. Sometimes Thursday evenings attract buyers. Get
feedback from buyers about what they liked and disliked about your home, and
make adjustments to overcome objections. Consider shooting a video yourself and
uploading it to YouTube.com, even if it's just you talking about what you like
about living there.
However, your
best bet, hire the best Canandaigua Real Estate listing
agent.
You want to work with an agent who is competent, experienced and honest. There are a variety of ways to find an agent but the easiest way is through referrals from friends and family.
If you desire full-service and want
an agent to spend tons of money on the listing, hire a full service brokerage
and interview several agents. To find the best listing agent, don't base your
decision solely on the suggested sales price or how much the agent charges you
because there are other considerations. Discuss home pricing and commission
negotiations last. First, find out the agent's strategic marketing
plan.
Pricing your home right
Sellers say, "But I don't want to give away my house." Of course, not. You want to sell it. To sell your home, the price must be right. Don't "test" the market or ask an inflated figure because if you do, your home will probably sit on the market and the DOM will continue to tick. Dated listings don't generally sell for list price.
To avoid overpricing your home, examine the sold comparable sales. Adjust for square footage, if necessary. If your home has a bad layout or is located in bad location such as next to a school, on or near a busy street or bordering a liquor store, you're not going to get the same price as homes with a good layout and in a good location.
For example, if the last three homes sold at $400,000 but you feel they are not comparable to yours because they don't contain updates -- but they were located on a quiet street and your street is noisy -- your home is probably worth about the same. A plus-$50,000 adjustment for the updates could wash out the minus-$50,000 for the busy street.
In a buyer's market, price
your home a minimum of 2% less than the last comparable sale. If you can't live
with that price, then don't put your home on the market and set yourself up for
disappointment. Overpricing is the worst mistake a home seller can
make.