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Home Selling Tips...

Selling your home can be a
daunting process, even just knowing what price to list it at can seem
overwhelming. We have compiled the following tips to try to help you
through the sale process.
Pricing Your Home for Sale
Today's consumers are comparison shoppers. Although eager to achieve the
best possible return on their hard earned investment dollars, they will
shy away from properties that are listed too high or too low.
Listing above market value, you will more than likely sell your neighbor's
house instead of yours, or at the very least, risk a lack of potential
purchasers visiting your home. By listing too low, you create the
impression that you are desperate for the sale, or that something is
seriously wrong with the structure.
Premiere Realty can provide a Comparative Market Analysis (CMA) that
includes information on competitor listings, properties that have recently
sold, and those that are currently pending. In addition, Premiere Realty
will:
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Evaluate your property's
location and lot size.
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Appraise your home's
condition, size and age, and any improvements you have made.
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Review the assessed
value of your home, taxes, and utility costs.
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Help determine what is
the best selling feature of your home.
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Suggest what interior
and exterior repairs should be considered.
Buying or selling property
in today's fluctuating and competitive marketplace takes industry
knowledge, a proven track record, and expert opinion. It also takes
dedication, commitment and the ability to achieve the goals set before
you. When discussing the critical factors in the sale of any property,
your Real Estate Agent's expert opinion will guarantee that your home is
accurately positioned for market dominance.
In the end, it's still your choice as to pricing. However, by taking into
account years of professional experience and real estate wisdom, you
increase the possibility of selling your home within the critical first 30
days for the highest possible sale price, or achieving a fair market price
for the home you are purchasing.
Disclosing the Facts
No home is perfect! In one
way or another, they all have defects to some extent. However, concealing
problem areas can result in costly lawsuits....at your expense!
The horror stories come in many forms. During the height of purchasing
excitement, not everyone will notice the cracked foundation or faulty roof
that leaks only when it rains, turn on the hallway light to experience
electrical gymnastics, or even flush the toilet to watch it overflow
because the septic lines are blocked.
Undisclosed defects can come back to haunt you, destroying what you originally
considered protected....your pocketbook and peace of mind!
It is in both your best interest and that of your purchaser to obtain a
structural inspection during contract negotiation. Settlement and legal
fees cost far more than if you had agreed to a price concession or
repaired it yourself!
Repair Priorities
You consider your home one
of your most prized possessions. You have lavishly decorated it to your individual
taste, using paint and wallpaper as an expression of your personality. Eyes
glued to yet another magazine, you finally found the perfect window
treatment.
Your furniture reflects the colors and textures that have become important
over the years. And don't forget, you DID spend hour after weekend hour
bent over that magnificent garden. However, it will cease to matter once
you sign the "For Sale" agreement.
The paint, the drapes and the carpeting mean nothing to those outside the
family. And that lovely bathroom tile you imported from some exotic land
isn't even mentioned. How could they NOT notice that you spent a great
deal of money and months waiting patiently for it to arrive at the
shipyards?
The answer is simple... your potential purchasers are not emotionally
involved in your investment.
Unlike you, they see the flaws you have come to ignore over the years.
They will notice the carpet your cat has used as a scratching post, the
tap that drips incessantly, and the ugly stain in the kitchen caused by
the leaky roof.
To them, it's nothing but added expense, and probably not worth the
effort. After all, there are many, many more properties on the market
other than just yours.
However, the marketability of your home WILL increase if you take the time
and effort to view it through their eyes, and take extra care in ensuring
that minor things are attended to.
One sure way of guaranteeing that your potential purchasers can see
themselves enjoying life in your home, is to make it as presentable and
uncluttered as possible. What is known in the industry as "curb appeal"
may become the difference between "Sold" and "continued showings".
The tiny handprint that adorns the front door is cute only to you. To the
other side, it's a combination of filth and downright laziness. Despite
the cost of a can of paint, your family room should NOT resemble a
mud-room. And remember the sun shining through the windows? A little bit
of elbow grease goes a long way!
When the time comes to list your home for sale, take into account that
your potential purchasers are searching for new roots. They need to be
enticed, enthralled and enchanted at first glance. It needs to feel like
THEIR castle, THEIR history, THEIR love story the moment your home comes
into view.
If expense is a concern, do it yourself. If there's litter in the front
yard or the grass needs cutting, hire the teenager next door. Five dollars
a time REALLY CAN make the difference!
If not, there are numerous contractors, painters, decorators, cleaning
services, and landscaping firms that your Real Estate Agent can recommend.
For the more major repairs including replacement roof, flooring or
structural defects, etcetera, you can opt to invest in the repair, or you
can choose to disclose this information in the Listing Contract.
Also pay attention to the "finishing touches" - the serene
background music, the tidy bathroom , the made beds, and the bouquet of
flowers. Open a few windows, the air will be fresher. A welcome mat at the
front door is inviting, and please, no laundry running in the machines
while you attempt to catch a few more minutes of lost time!
By being ruthlessly honest in your evaluation of your home prior to
listing, you will:
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Position your home at
the top of the "Too See" list
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Guarantee that your own
roots will be transplanted sooner rather than later
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Protect your hard earned
investment dollars.
And
remember, not every home is for everyone,
don't take it personal!
Please feel free to contact us with any questions that you may
have.
920-469-5596
Toll Free 877-826-7017 Online Contact us at:
WeSellHomes@3Percent4U.com
Premiere Realty
1227 S. Monroe St.
Green Bay, WI 54301
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