Ronald Stead

Real Estate Tip:The Asking Price
Picture this...

Your house has been on the market for four weeks. There have been a lot of showings but no offers, so you are wondering if you should consider a price reduction. You want to get as much as you can for your home, but more importantly you want it to sell!

This may be the time to have a frank discussion with your real estate agent. While price may be a major factor, it may not be the only consideration. Are you making your house easy for agents to show? Have you completed the necessary maintenance and cleaning so that your property is as appealing as possible? Review with your agent the current market conditions and the prices of other homes in your neighborhood before determining that a price reduction is in order.

Even though your price may be competitive, the marketplace may be telling you that buyers just won't pay what you would like to get. If all indicators point to a price reduction, it is better to do it sooner rather than later.

Call me and Let's discuss a sale strategy for your home!!!

I AM AT YOUR SERVICE

Ron Stead

Call me today at 540-539-1200 or e-mail at rstead@shentel.net

Find my website at http://www.ronsellsva.com/

So how do Realtors find buyers versus how a "For Sale By Owner" (FSBO) home owner might find buyers? The basic techniques of a FSBO home owner are pretty much limitied to planting a "FSBO" sale in the front yard and maybe advertising in the local newspaper in the classified section. The home owner must then contend with handling an abundance of calls from mostly not so qualified buyers trying to find a bargain or perhaps an owner who is willing to finance because the potential clients credit is "Not So Great"!

On the other hand, let an experienced and professional Realtor such as myself list your property and a very intricate and efficient process will be activated to generate a successful sale of your home.

Realtors have backlogs of potential and qualified buyers whom are looking for homes in your respective area. As well, your home will be listed in the local Multiple Listing Service where all brokers cooperate with one another to market, show, and sell your home to all of these backlogged and new potential buyers. Realtors such as myself also combine direct marketing methods, telephone calls, a varying degree of advertising media exposure of your property from local newspapers, TV, Radio, and Home Sales advertising booklets. As well we employee internet advertising and have our own websites to directly target the ever growing internet savy real estate shopper. All of these means combine to create activity on your listed home and is designed to make it sell quickly and for top dollar. Remember, as Realtors, we do not make a dime until our customers are happily setting at the closing table.

If I can answer any question on your home selling or buying needs, please give me a call.

I AM AT YOUR SERVICE.

There are a lot of potential "Diamonds" in the trenches of todays Real Estate market. It is still a buyers market and there is an abundance of inventory. Of this inventory there are indeed some "Diamonds" to be found. These properties may be in perfect locations, have that perfect large yard for the family and offer a large and open floor plan. But along with that may come some "dated" wallpaper, worn flooring, and walls in need of some paint to spruce things up.

If you have an eye for some details and have the foresight to overlook a few shortcomings you may be able to find yourself a great deal and a great home in todays market. Throw a little "elbow grease" at one of these gems such as some new paint, new floor coverings, and a good ole fashioned scrub down and you have the potential of finding that "Diamond" you have been seeking. Most of these homes in todays market are priced competitively to make them move so you could be the winner of the slow real estate market. As well, the seller is usually a little more negotiable in price because you can rest assured he has been directed by the market that the house has some cosmetic flaws! Make sure the home is structurally sound, major mechanical systems are in operational order, the roof shows many years of wear left, and no other major defects are noticed, and get with a Professional and educated Realtor such as myself and let's write an offer.

Bring your eye for detail, your imagination and come see me and let's discuss your options in todays market.

I AM AT YOUR SERVICE!

CONGRATULATIONS PAT AND JERRY PANGLE ON THE 1/22/08 CLOSING OF YOUR "FOR SALE" HOME IN EDINBURG, VA. PAT AND JERRY WERE ABOSLUTELY GREAT TO WORK WITH AND LISTENED TO MY ADVICE EVERY STEP OF THE PROCESS. AND THE RESULT WAS A "UNDER CONTRACT" DEAL IN LESS THAN THREE WEEKS AND A CLOSING IN ABOUT 60 DAYS. THAT IS UNHEARD OF IN THE CURRENT MARKET CONDITIONS. AND WE DID IT TOGETHER. THANKS PAT AND JERRY FOR BEING SUCH GREAT CLIENTS. GOOD LUCK WITH YOUR NEW HOME IN TENNESSEE AND YOUR NEW PHASE OF LIFE.

LET ME HIGHLIGHT YOUR SUCCESS STORY WHEN WE YOU CALL ME AND WE GET YOUR HOME SOLD IN RECORD SETTING TIME. I WILL EXCEED YOUR EXPECTATIONS!