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Svetlana Stolyarova,Local-n-Global Realty, Broker

Cleveland OH Home Owners - don't miss an opportunity to lower your property taxes!

Cleveland OH Home Owners - don't miss an opportunity to discuss your property taxes!

If you own the real estate in Cuyahoga County you probably received your Property Evaluation mailer from Cuyahoga County Auditor. Even if you did not receive it or if you did not pay attention to this mailer, there is still a chance to request a change or make a complaint regarding your house value. That will be informal complaint, as time for formal complaint with Cuyahoga County Board of Revision is between December and March 31st .

Deadline for informal complaints about property value or description of the property is September 15, 2009. You can call 216-442-4663 or go to the Cuyahoga County Auditor's web site.

Cuyahoga County re-assess the real property value every six years. Last assessment was done in 2006 when we had the record high sales prices in Greater Cleveland. This year update is based on sales of Real Estate in Cuyahoga County. Please review your property information and updated value carefully. Sales statistics show that prices declined since 2006 almost everywhere in Cuyahoga County. It's a big chance that you can lower your Real Estate property taxes by simply making complaint about it!

We in Local-n-Global Realty are always ready to help you evaluate your home in Cleveland area. Just visit our web site www.Local-n-Global.com or call us 877-770-5551.

If you need a property evaluation because you want to list your Cleveland house for sale, please call Svetlana Stolyarova directly @ 216-548-4663.

Time to Buy in Cleveland Real Estate Event ! Plan to attend September 16, 2009

Cleveland OH Real Estate Events "2009. Time to buy in Cleveland"

Cleveland Real Estate professionals, mortgage specialists, title agents, attorneys, insurance agents have already supported the "Time to buy in Cleveland" initiative started by Local-n-Global Realty .

We reported about the success of the first Cleveland Real Estate Event in June, 2009. Now we are glad to invite everyone to our second event.

Please contact Svetlana Stolyarova at 216-548-4663 if you have any questions or suggestions.

How to sell a house in Mayfield Heights OH for top dollar. Step three. Winning pricing strategy.

How to sell a house in Mayfield Heights OH for top dollar?

We've already discussed how to Evaluate your position on Mayfield Heights OH Real Estate market in our first article in this series.

Few good reasons to Evaluate yourself as an owner of Mayfield Heights house have been listed in the second post.

Let's discuss the winning pricing strategy. Your goal as the owner is to sell your Mayfield Heights OH Real Estate for as much as possible on today's market.

What should you and your Real Estate agent do in order to define the right pricing strategy?

  • Remember: it's still the Buyer's market no matter how active it is.
  • Get and evaluate info about prices of sold properties in Mayfield Heights OH.
  • Know your competitors! The best way is to see what the other home sellers in your neighborhood are asking for their homes and preview their houses. You can visit your competitors' Open Houses. You can ask your agent to preview these houses for you.
  • Look at your house from the BUYER's point of view. Do not expect the new generation of buyers to be driven by the same emotional triggers which made you chose your house at first place. Important : buyers look at the houses strictly via the prizm of price! For the same buyers a house priced for $250K will show differently than the same house offered for $210K.
  • Price your Mayfield Heights OH house realistically. Even if you made all the greatest job replacing the roof, changing the furnace, waterproofing your basement but still keep that glossy 70-s wallpaper in your bathroom or keep your original, 40+ years old kitchen cabinets clean and well organized, it does not mean that your home's value will be perceived by potential client as a "top dollar for totally updated, top of the line, ready to move in" house.

Everyone loves salesMany sellers want to give potential buyers a chance to negotiate the price and thus slightly overprice their homes. I will be honest with you. Despite the common opinion that this strategy may hurt your bottom line, in many cases it works! The key word here is "SLIGHTLY" .

Normally, the Sold Price / Asking Price ratio for Mayfield Heights OH single family homes is 95-96 %, which means that buyers expect to get and indeed recieve about 5 % discount from the LAST asking price.

Starting from 2008 discounts tend to be higher, especially if we calculate the discount from original asking price. Last year a median discount from original asking price was about 13 %! However those sellers who priced their Mayfield Heights OH houses right from the beginning, received their 94-96 % of original price.

Here is your major price strategy for a successful sale of your house in Mayifield Heights OH:

price it right from the beginning and get a higher acceptable offer.

If you want to see the detailed statistics on sales and trends on Mayfeild Heights OH housing market, please do not hesitate to e-mail us Realty@Local-n-Global.com.

If you need to sell your Mayfield Heights OH home, please call us immediately. We can be reached 24/7 at Local-n-Global Real Estate Hotline 877-770-5551.

How to sell a house in Mayfield Heights OH for top dollar. Step two. Evaluate yourself.

How to sell a house in Mayfield Heights OH for top dollar? 

In our first post on this subject , we spoke about the fine city of Mayfield Heights OH and its popularity among the buyers of Real Estate.

We have enough buyers willing to move to their own houses in Mayfield Heights OH. According to NorthEastOhio MLS (NEOHREX), as of 08/15/2009 the number of Real Estate transactions in Mayfield Heights OH closed since January 1, 2009 till August 15, 2009 is the same, even a little bit higher than the number of sales in the same period of 2008 (85 sales of single family homes in Mayfield Heights in 2008 vs. 88 sales in 2009). As of 08/15/2009, we have 10 contingent listings in Mayfield Heights (offer accepted, contingencies are not removed yet) and 24 pending lisitngs (offers accepted, contingencies removed, pending for closing).

Now let's talk about you, the owner, the seller of Mayfield Heights OH home.

First of all, are you really going to move?

What is the core reason why you need to sell this home? Getting married? Expecting another baby? Need someone to take care of your yard and maintenance, so your current home is not a good accomodation for you any longer? Your business is growing and you can allow yourself to build a new bigger home?

                                                                                                                 Getting married and getting ready for a new home

 

If this is the case, please focus on your goals and your future.

  • Separate yourself emotionally from your house in Mayfield Heights OH which you are going to sell
  • If you are going to utilize the services of experienced and result-oriented Real Estate professional, interview and hire the right Real Estate agent who is a specialist in Mayfield Heights OH Real Estate
  • Prepare to cooperate with your agent and follow your agent's guidance
  • Prepare to look at your home from the Buyer's point of view
  • Prepare to make some repairs, start packing extra stuff, and let your agent or professional stager to stage your home for showings
  • Call the City of Mayfield Heights OH at 440-442-2626 and order the Mayfield Heights OH Point of Sale inspection. Make sure to read the Point of Sale guide first, so you know what you should do prior to inspection in order to get your house violation free
  • Prepare to live in a "Model Home" mode. Your house should be accessible for showings by your agent and other cooperating Real Estate agents any time
  • Price your home right and let your agent plan the effective marketing of your home, so you get a higher chance to achieve your goal timely.

 

How to sell a house in Mayfield Heights OH for top dollar. Step one. Evaluate your position on Real Estate market.

How to sell a house in Mayfield Heights OH for top dollar is a good question to ask when your life comes to the point when you need to move to the other location or to the different home. 

First of all, you should evaluate your position on Real Estate market and possibilities to get top dollar for your Mayfield Heights OH home.

Let's start evaluation from some critical factors which you or your Real Estate agent can not control, such as

  • area
  • school district
  • location
  • layout/floor plan/age of your house
  • lot size

Area. School District.


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Being a resident of this wonderful city, you know better than anyone that Mayfield Heights OH is a great place to live. Located at the East side of Greater Cleveland, Mayfield Heights has it all: parks and shopping, restaurants and entertainment, medical facilities and community swimming pools, easy access to I-271 and proximity to University Circle and Downtown Cleveand.

Major area employers like Progressive Insurance, Hillcrest Hospital create jobs for many professionals.

Cultural and ethnic diversity of Mayfield Heights residents and businesses makes this vibrant city so alive!

Very strong and competitive Mayfield City Schools attract to Mayfield Heights and adjacent Mayfield Village, Highland Heights and Gates Mills families with kids.

Congratulations! If you want to sell your home in Mayfield Heights, you are in right place! It's a very popular city, so we have many qualified potential buyers who are willing to buy the house in  Mayfield Heights

Get your Mayfield Heights house sold   Your goal is to sell your home for top dollar.

Be honest with yourself and keep evaluating your current market position and options!

Location of your home. If you house is situated in a quiet residential area with a low local traffic, if it has a nice private back yard you have a better chance to sell it for more. If your house is really close to highway or is on the major street, more likely it will affect the price.

Layout / floor plan. Age of your house. Lot size. Mayfield Heights housing market offers a lot of houses of different ages, styles and layouts. They are all in different price groups.

You can still find in Mayfield Heights OH few older homes built in 20-s. Many houses were built in 50-s and 60s. Bungalow and cape cod styles were very popular back then.Some of them lost in value during last couple years.

It's a good supply of solid moderately priced ranch style homes built in 60-s and 70-s. Popular in late 60-s and 70-s medium size split level homes are still in a good demand but they should be priced reasonably in order to sell. Bigger and more pricy split level homes can be found in Gates Mills Blvd. area. on SOM Center, Cedar Rd., in neighborhoods located West of Lander Rd. and North of Ridgebury Blvd.

It's a decent supply of recently built homes in Mayfield Heights. They are very well built and reasonably priced and that's why they are very popular among the buyers.

No matter what the position of your house on current Real Estate market is, you should be positive about the sale of your home. Each house has its buyer.

Prepare yourself mentally and emotionally. Prepare your house. Hire the right Real Estate professional. Get your house sold!

I hope, our series of articles on How to sell your Mayfield Heights OH house for top dollar will be of a good help for you.

Good luck !