Selling Tips
Getting the Highest Price for your Home
or Condo Can
Be Broken Down into Four Areas:
Price
Although this might sound a little crazy, Setting the List Price as close to or below Current Market Value of Your Home Will Bring it more attention. Buyers are very savvy in evaluating price and know when a home is overpriced. Over priced homes are often set aside by buyers. Cometitively priced homes receive multiple offers and are bid up like an auction achieving a higher sales price in a shorter amount of time on the market.
Looks
Your Home must
look the best that it can be. This
really is a
Beauty Contest. Your Home will be
judged against all active home in
your area within a given price range by
Buyers and they are savvy. Consider Painting, Replacing
Carpet, Installing New Sod.....and
possibly
Staging Your Home. Also, Your Agent
should hire professionals to take the
pictures of your home including drone
footage - with over 95% of
Buyers looking on the Internet for their
next home, you need to have professional
pictures - not pictures from a cell
phone....
Exposure
Your Home needs
to have Maximum Exposure through all
available mediums. Internet and Social
Media Exposure, by far, are the most important for achieving
Maximum Exposure for Your Home. Over 95%
of Buyers are looking for the new home
on the Internet.
Picking the Right Agent
The Right Agent
should have a comprehensive Written
Marketing Plan to sell Your Home. The
Agent should have a strong grasp
on how best to market your home on the
Internet and Social Media. The Agent should also have a
larger Internet Presence in the area
your home is located and advertise on
the Internet and Social Media platforms.
The Agent
should be able to help you determine the
appropriate Market Value of Your Home
and prsent you with a CMA or Comparative
Market Analysis of recent home sales
like yours.
The Agent should also be able to
document their history for the following
simple but important calculations: Sales Price to Original
Sales Price, History of and Price Reductions to
List Price, and Days on Market for the
homes they have sold in the past few
years. Contact Todd Riley -
Encino Real Estate Agent at Equity Union
Real Estate.
Seller's Tool
We offer an
incredible automated tool to help Our Sellers
determine the Value of their Sherman
Oaks Home
or
Condo - CMA by Cloud CMA. This tool uses
real market data and presents it in a
comprehensive report with maps, charts
and statistics. Click the Picture
Below - it will take you to the tool or
click here.