The best chance for selling your property is within the first seven
weeks. Studies show that the longer a property stays on the market, the
less the seller will net. Listed below are the five main factors to
accomplishing this goal.
* Pricing Factor
It is very
important to price your property at a competitive market value right when
you list it. The market is so competitive that even over-pricing by a few
thousand dollars could mean that your house will not sell. It's
interesting, but your first offer is usually your best offer. Here are
reasons for pricing your property at the market value right from the start
in order to net you the most amount of money in the shortest amount of
time. An overpriced home:
* Minimizes offers * Lowers
showings * Lowers agent response * Limits financing * Limits
qualified buyers * Nets less for the seller
80% of the marketing
is done when we decide on what price to list your home. If you are
unwilling to list at current market value, you would be better off not
putting it on the market at this time.
* Clean Factor
Most
people are turned off by even the smallest amount of uncleanness or odor
when buying a home. Sellers lose thousands of dollars because they do not
adequately clean. If your house is squeaky clean, you will be able to sell
your home faster and net hundreds, if not thousands of dollars more. If
you are planning on moving, why not get rid of that old junk now so that
your house will appear larger? Make more space. Odors must be eliminated
especially if you have dogs, cats, or young children in diapers or if you
are a smoker. You may not notice the smell, but the buyers do! Most agents
have a difficult time communicating to their sellers about odor. If you
employ an agent to get the most amount of money for you, please don't take
offense if he must confront you about odor problems.
* Access
Factor
Top selling agents will not show your home if both the key
and access are not readily available. They do not have time to run around
town all day picking up and dropping off keys. They want to sell homes!
The greatest way to show a house is to have a key! When your home is being
shown, please do the following:
* Keep all lights on * Keep all
drapes and shutters open * Keep all doors unlocked * Leave soft
music playing * Take a short walk with your children and pets * Let
the buyer be at ease and let the agents do their job
* Paint &
Carpet Factor
Paint is your best improvement investment for getting
a greater return on your money. Paint makes the whole house smell clean
and neat. If your house has chipped paint, exposed wood, or the paint
looks faded, it is time to paint. If your carpet is worn, dirty, outdated,
or an unusual color, you may need to seriously consider replacing it. Many
houses do not sell because of this problem. Don't think that buyers have
more money than you have to replace carpet. They don't. They simply buy
elsewhere.
* Front Yard Factor
Your front yard immediately
reflects the inside condition of your house to the buyer. People enjoy
their yards. Make certain that the trees are trimmed so the house can be
seen from the street. Have the grass mowed, trimmed and edged. Walkways
should be swept. Clean away debris. Remove parked cars. This all adds to
curb appeal. If a buyer doesn't like the outside, they may not stop to see
the inside.
For more information contact The Korn Team at 816-224-KORN (5676) or email us
at bradkorn@realtor.com
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