Pricing your home correctly is one key to selling in today's market.
Start determining your home's value by calling two or three full-time agents for a market analysis.
Make sure to give each agent time to do this, and understand that if the agent is busy showing and selling, this is a good sign.
You may have an agent who has done well for you in the past.
Have confidence that he will work hard for you again. A good agent should provide you with the following:
--- Recently sold properties that are similar to your house.
--- Active listings that will compete with you once you place your home on the market.
--- A list of comparable houses that are under contract.
--- The number of active listings that are in your price range.
--- A complete marketing plan.
--- A personal resume showing the agent's sales volume and the organization to which this agent belongs.
Review similar sales and listings carefully. Do not choose an agent just because their analysis gives you a higher value. Market value is an opinion and is reviewed from the eyes of a buyer and not a motivated seller.
Motivated sellers must guard against overpricing in this market.
Another key to selling is signage.
In a buyer's market like this, a choice to forego a sign is a choice to limit your property's exposure on the market.
About 80 percent of buyers begin with the Internet and then choose to drive through neighborhoods after their search. Making your home easy to find is critical.
Sometimes these prospective buyers are searching for location and are sampling the surroundings even before they personally view a home they might be interested in.
Therefore, a sign is key, along with Internet marketing.
Relocation departments that bring in corporate employees from other cities vary from agency to agency, but such services can be a real boost to your chances of selling if your home is priced to sell.
Perseverance and patience is needed by all sellers.
The market continues to be active but still saturated with an oversupply.
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