Monday, April 7, 2008

Spring Market has Arrived

Pat and I are announcing the official arrival of the spring real estate market. It has been a crazy week for us. Working with both buyers and selling our own listings. We worked every day last week and sold 6 homes. There is a new vitality in buyer activity. Could be the weather which in our area is starting to show definite signs of spring. Or it could be pent up buying emotions. Whatever it is we're ready. Are you ???

As a seller it's still important to be priced correctly for the market. Because we work with a lot of buyers as well as home owners we see the transaction from both sides. As a seller you want to get the best price possible. And it's our responsibility to get all the equity out of your home that we possibly can. However as a seller you must keep in mind that buyers are seeing a lot of homes before they put in an offer. What does that mean? It means they are well educated as to the market price. So as a seller if you are over priced you end up always being the bridesmaid never the bride.

So how do you get the most dollars when you sell? Pricing strategy. Price your home as close to the market value as possible. In fact if you have the nerve price it right at market value or a few hundred dollars below. Why would you price it just below? Most home owners feel they need to price 5,000 TO $10,000 above market because "the buyer always comes in below asking" NOT ALWAYS TRUE! By pricing right on or below you will create incredible interest in your property. The plan is to have two or more offers presented to you at the same time. There by creating competition for your home. That is how you get full value or even extra $$$ above your homes market value.

Well if you have questions, we're always available and the information is free.

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