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Selling A House - Tips And Secrets

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If you are thinking of selling your home in Atlanta in today's real estate market, consider this fact. The real estate sales fee that you pay a good real estate broker will actually make you dollars. If you try to sell the house yourself, giving bad information at an inopportune time will cause you to loose money. Further more, your paying to have your home noticed by all the realtors who are part of the MLS system for your area. Keep in mind 90% of bona-fied buyers are using agents to show them homes. And last, it takes someone with experience to walk a buyer step by step through the home buying process. A full time agent is important when considering and one with at least 5 years on the job.

Once you have picked out your agent, get them to show you what is currently on the market in your area of town. It is good to get a first hand look at the competition, which will give you a good idea on pricing. Your agent will want to know what you have in mind for price as well. A good rule of thumb on pricing is to be slightly under your competition depending on the overall condition. Your agent will be able to show you picture comparisons of these homes readily available through the local MLS.

When the prospect views your home, it may take several minutes for average homes and bigger homes, even more. Price is not an issue at this point because the buyers agent should have pre-qualified them at this point. Its very important here, that your home is free from disorders in the home such as unclean or messy rooms for instance. This would be considered the buyers largest responsibility or staging the home. Due to high listing volumes, the market demands your home be in excellent condition to show.

Make changes if your not getting a fair amount of traffic. 6-10 showings a month. If the agent is doing his or her work a monthly price adjustment is probably in order. It may not seem like it always but there are plenty of buyers out there and 10 to 20 homes selling every month in your area. Don't get discouraged with slow pace from time to time. Sometimes its just the season your in. When prospects come back for a second look, this is a good indication you are priced in the market pretty well and a possible offer could be in the works.

I hope you find these tips helpful and they become beneficial to you. Remember to plan each step slowly and carefully. I believe you will find this to be time well spent.

How to Sell Homes in This Market

When it comes time to get the deal done for both buyers and sellers, we line up all the legal documents (there are many!) and make sure the train runs on-time. You can expect us to carefully manage the process. Most importantly, you’ll be apprised of the deal’s progress each step of the way. We’re friendly, competent guides who’ll help you reach the best possible outcome and achieve your real estate goals.

Call us Today


Sell your House with an Agent South Carolina

How to sell your House Privately Columbia

How to sell your House Privately Columbia

Checklist for Selling a House Columbia

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Real estate has several unique characteristics that affect its value. There are economic characteristics and physical characteristics. Real estate is a product to be purchased but it is different from anything else due to the characteristics that will be discussed here.

The economic characteristics that influence value are scarcity, improvements, permanence and area preference. Scarcity is simply demonstrated in the saying, "They aren't making any more." The supply of land has a ceiling and cannot be produced more than what exists today. This value of this supply however, is influenced by other characteristics.

Improvements, such as buildings on one parcel of land may have an effect on the value of neighboring parcels or the entire community. If a large company builds in a certain depressed neighborhood, the value of living their will probably increase because of the introduction of jobs. This value would impact on neighboring communities, thus increasing value in some ways to the real estate in these areas.

Permanence has to do with the infrastructure. As buildings, houses or other structures are demolished, the infrastructure, such as sewers, drainage, electricity, and water remain intact. Permanence effects real estate, or the type of infrastructure. If you buy a piece of land in an area with no utilities, drainage or paved streets, it will most likely be worth less than a parcel of land that has this infrastructure intact and developed.

Area preference refers to the choices of the people in any given area. This is usually referred to by most people when they talk about real estate as, "location, location, location." The location of a preferred area, for whatever reasons, is what makes values of homes higher. Conversely, the location of a nonpreferred area, for whatever reason, is what makes the values of homes less. 8000 square foot brand new homes on the coast of Long Island's, East Hampton will be worth much more due to their area preference, over an area with 1200 square foot starter homes in the middle of Long Island, located next to a garbage dump.

The physical characteristics of land represent its indestructible nature, immobility and nonhomogeneity. Working backwards, we'll start with nonhomogeneity. This simply points out that no two parcels are the same. Two pieces of land may be very similar, but every single parcel is different geographically because each parcel is located in a different spot. This includes two lots right next to each other. It is important to remember that parcels are created by subdividing land, so as one large parcel of 20 acres is subdivided, each individual lot becomes its own separate piece of land.

Land cannot be moved, therefore it is immobile. Even when soil is torn from the ground, the part of the Earth's surface will always remain. It is important here to note how this physical characteristic affects real estate law and markets. Immobility of land is the reason why real estate laws and markets are local in nature.

The indestructibility of land simply means that it is durable and cannot be destroyed. It can be damaged by storms and other disasters, but it remains and weathers the changing times and will always be there. This is a main reason why land is talked about as being a sound investment.

So the basic characteristics of real estate include scarcity, improvements to the land, permanence, area preference, nonhomogeneity, indestructibility and immobility. Please note there is a big difference between land and real estate. Land is the the part of the earths surface, subsurface and air above it. Real estate is anything that becomes attached to land. So when you're looking for investments, it is important to note the infrastructure of the area, the surrounding neighborhood and the preferences of the area or...location, location, location!

How to Get Lely Resort Real Estate for Sale in Naples in Your Budget

When it comes time to get the deal done for both buyers and sellers, we line up all the legal documents (there are many!) and make sure the train runs on-time. You can expect us to carefully manage the process. Most importantly, you’ll be apprised of the deal’s progress each step of the way. We’re friendly, competent guides who’ll help you reach the best possible outcome and achieve your real estate goals.

Call us Today


Sell your House with an Agent South Carolina