Thinking about selling or buying a home?

Here are some essential tips for sellers and aspiring home buyers. Make sure you also lean into your trusted Real Estate professional for additonal insight and guidance.

Smart Strategies for sellers

Putting a home on the market can be stressful and some owners have a hard time making objective decissions when it matter most.

Price it Right !!!

Your listing agent will perform a current market analysis. look closely at the comparable sales of home in your neighborhood that have closed in the last 90 days and take the number of available listing into account when agreeing to an asking price.

Keep in mind:

• Home that have faild to attract buyer in a reasonable period of time maybe overpriced.
• Forclosure or short sales in your neighborhood can impact your home's market value.
• It doesn't pay to set the price too high; most buyer will need financing and the bank will generally use an apprisal based on recent sales to justify the loan amount.
  

Take Advantage of your market debut

Pricing your home competitively from the get-go increases the odds of quick sale.

Most buyers screen avilable homes on the internet, and new listing get 4 times more webtraffic.If your home is priced too high when it hits the market, you run the risk that active , qualified buyers will scroll right past it.

New listings are called "hot" for reason buyers get excited about them. Showings are likely to cool off noticeably after the first 30 days on the market.

When weighing an offer, make sure to consider the potential costs of holding on to your property longer than you want or need ( including the mortgage, property taxes, insurance, maintenance, etc.).

( recent university research has found that home owners consistently overestimate the market value of their homes by 5 to 10 percent)

Sweet the Deal

Sellers who agree to pay the buyer's closing cost can make it easier for first timers to obtain financing. Offering to throw in appliances , upgrade all allowances or oher perks could also swing a buyer's decision your direction.