Sellers

Ready to Sell your Home or Investment Property?

If you are thinking of selling your home or investment property, it is important for you to make an informed decision based on a variety of conditions.   Your personal needs, financial conditions and current market conditions are just a few of them . You may be looking forward to moving up to a new home, facing the uncertainty of a major move across country or increasing the return on your investment. We are here to help you with any of your needs. Call or email us today!

Buyer's Market or Seller's Market?

In setting the list price for your home or investment, you need to be aware of the current market conditions. Based on a list of properties that have recently "SOLD" in your neighborhood which we will gladly provide at no cost or your online search, we can help you determine whether it is a "Buyer's Market" or a "Seller's Market" and your best list price.  

During a "Seller's Market" a property should be sold at it's highest value and may even generate a "bidding war" with other interested parties.  Obviously a Buyer's Market is not the best time to sell a property but with information and marketing suggestions from our Brokers and your patience the property can sell at its highest value.

Please consider the following pricing factors:

• If you set the price too high, your house won’t be picked for viewing, even though it may be much nicer than others in the area. You may have told your REALTOR® to "Bring me any offer. Frankly, I’d take less." But in that list of houses, yours simply looks too expensive to be considered.
• If you price too low, you'll short-change yourself. Your house will sell promptly, yes, but before it has time to find the buyer who would have paid more.

NOTE: We never use "asking" price or "Best Offer" (obo), which implies you don't expect to get your list price.

Your Highest & Best List Price, contact us today and we'll provide you, at no cost or obligation the following information:

• Furnish recent comparable sales in your area.
• Analysis of current market conditions.
• Provide sales incentive ideas, if needed.
• Estimating your net proceeds.

Using Comparable Sales

No matter how attractive and polished your property, buyers will be comparing its price with everything else on the market. Your best guide is a record of what the buying public has been willing to pay in the past few months for property in your neighborhood similar to yours.

Also we can furnish data on sale figures for those "comps", and analyze them for a suggested listing price. The decision about how much to ask, though, is always yours. The list of comparable sales we bring to you, along with data about other property's in your neighborhood presently on the market, is used for a "Comparative Market Analysis (CMA)." To help in estimating a possible sale price for your property, the analysis will also include data on nearby properties that failed to sell in the past few months, along with their list prices.

This CMA differs from a formal appraisal in several ways. One major difference is that an appraisal will be based only on past sales. In addition, an appraisal is done for a fee while the CMA is provided by us and may include properties currently listed for sale and those currently pending sale, at no cost.

For most listings, a CMA is adequate to let you set a good selling price. A formal appraisal can be useful if you have unique property.