Wednesday, October 09 2013
Rushing to sell your home is never desirable — but circumstances sometimes require it. To sell your home in Evansville quickly, the most important factor is finding the right price. Too high a price will dampen buyer interest — but of course you don’t want to set the price too low, either. Here’s one way to find the right price:
First, complete all repairs. They’ll have to be addressed at some point, so getting them out of the way first clears the deck for your sale. To sell your home quickly, you want to feature it in the best possible light…meaning that all of the little (as well as major) repairs have to disappear from the picture. A few hours or days of hard work can have a disproportionate impact on the ultimate selling price.
Next, familiarize yourself with local competitors. Scour the listings for homes in your area and attend any open houses you find. Get a feel for the way homes in the neighborhood are being listed, and which features look to be adding the most value.
It’s also a good idea to consult a qualified appraiser. Most homes will be appraised before sale anyway, and a certified appraiser will offer an unbiased view of your home’s value. Having a recent certified appraisal can also serve to encourage buyers to write an offer quickly.
At this point it will be possible to set the value. There are differing approaches to setting the price for a home, but they share a few things in common. Each generally takes into account average prices paid in recent comparable area sales combined with the appraiser’s feedback. To sell your home speedily, consider setting your price three to five percent below that formulation. While this may seem unnecessarily low, the idea is to encourage immediate interest from multiple buyers, setting up the potential for competing offers. One thing is nearly certain: a lower-than-average price will get more buyers through your door!
Planning to sell your home in Evansville this fall? Contact me today to learn more about building a sales attack designed to get results! You can reach me on my cell phone 812-499-9234 or email Rolando@RolandoTrentini.com
Thursday, April 18 2013
David R. Leopold, owner of Pillar to Post Home Inspection in Fairfield County, Conn., says home sellers and their real estate professionals have an important role in preparing for a home inspection to help ensure it goes smoothly. Leopold offers up some of the following tips in a recent article in RISMedia, including:
1. Don’t hide what isn’t working: If an appliance isn’t working, leave a note that indicates what isn’t working and how you’re getting it fixed. Don’t try to conceal defects because it can make the inspector start to view you as dishonest and wonder what else you’re hiding.
2. Make things accessible: Ensure the location of the attic and crawlspace are identified and easy to access. Don’t make a home inspector move your belongings in order to gain access.
3. Check the lightbulbs: If a lightbulb isn’t working, the inspector will need to determine if the fixture is inoperable. Save them time by making sure all the lightbulbs in the home operate, including those in the crawlspace, attic, and furnace rooms.
4. Note septic systems: If you have a septic system in the yard, be sure to leave a sketch that includes the location of it. It’ll avoid home inspectors, buyers, and real estate professionals having to conduct prolonged searches for it, Leopold says.
5. Keep appliances clear: Don’t leave dirty laundry in the washing machine or dryer because the inspector will need to test the appliances, and he doesn’t want to have to pull out dirty clothes in front of everybody, Leopold says. “Also, make sure your oven and stovetop are clear and clean, so we can easily test them without setting off the smoke alarm,” he adds.
Source: “Ask the Experts: What Should Home Sellers Do to Prepare for a Home Inspection?” RISMedia (April 16, 2013)
Wednesday, February 08 2012
While most sales people don’t hold a degree in psychology, that science winds up playing a major role in the sales process. Most highly experienced listing agents not only understand this -- they use it toEvansville sellers’ advantage.
According to a 2010 study by Avid Ratings published in the Los Angeles Times, typical home buyers have a simple hierarchy of preferences: they want it all. Even when pressed to name what they are willing to do without, the typical homebuyer’s long list of “must haves” remains pretty much untouched.
What they are not willing to compromise on are home offices, walking paths, children’s playgrounds and large kitchens.
Large rooms, in fact, sell homes.
Even if your house is full of small rooms, your listing agent can help them appear larger by hiring a home “stager”. Stagers are professional dream makers. Savvy about what today’s homebuyer is looking for, stagers use their designer skills to transform homes from “Can you show us the next house on the list?” to “Stop! I want this house!”
Homebuyers also want a home that’s in turnkey condition. In fact, a study performed by the Maritz marketing research firm found that 63% of the homebuyers polled said they are willing to pay more for a home they perceive to be “move-in ready”. And it’s a properly staged home that is more likely to help buyers get that “move right in” feeling.
Listing agents who provide home staging for their clients understand that a staged home sells faster and for a higher sales price. Some studies show that spending just $550 on home staging nets the seller almost $2,000 more at the close of escrow.
Call me if you are interested to find out more about the home staging service we provide. You can reach me by phone at 812-499-9234 or email: Rolando@RolandoTrentini.com