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TIPS
FOR WHEN YOU ARE SELLING YOUR HOUSE Determining
The Value Of Your House: The
Buyer is the one who ultimately decides the value of any item, whether it
be a car, commodities or a home. If
the item is over-priced, the Buyer will go elsewhere. In
order for you to compare your home to similar properties and establish a
competitive list price, the following points should be considered: 1.
Location - both the subdivision and the street 2.
Size 3.
Style - what style is in most demand 4.
Condition - includes inside upgrades and outside as well 5.
Garage or no garage 6.
Pool or not 7.
What are the neighbouring houses like 8.
Community Amenities such as which schools and parks 9.
Supply of homes on the market 10.
General Economy of the area 11.
Financing Options A
competent Realtor can provide a Comparative Market Analysis to give you an
indication of what today’s Buyers are willing to pay for a home such as
yours. It compares the market
activity of homes similar to yours in your neighbourhood.
Those that have recently sold represent what Buyers are willing to
pay. The homes currently
listed for sale represent the price Sellers hope to obtain and are in
competition with you for the Buyers for your price range.
Information can also be provided on those listings that have
expired. Expired listings
were generally overpriced or marketed poorly. I will be pleased to prepare a comparative market analysis for your home based on the most current market information. Together you and I can determine a proper price for listing your home by taking all of these factors into account along with the timing you wish to achieve. |
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