What's your home really worth?
HOME VALUE ESTIMATOR
Are you tired of online home estimates promising to tell you what your property is worth, only to be directed to enter your personal information instead? Free home valuations and estimates are commonly used by real estate companies to obtain your business. However, the truth is that several factors go into calculating an estimate, and it can vary significantly depending on the database, online tool, and current market conditions. Often, these estimates can be hundreds or even thousands of dollars below your home's listing price.
Why? Because no one has exact models on what a property should be listed for. For example, in a competitive market where homes are selling at a lightning pace, well over the asking price, it doesn't accurately represent fair market value and shouldn't. Another reason is information about a property could be outdated, such as recent renovations, additions and so forth, that are not incorporated into these estimates.
Therefore, estimates serve as a way of getting your foot through the door and having a good old conversation. It is not ever a replacement for a licensed and experienced professional.
If you choose to sell without a licensed individual or firm, that's okay too! Our best suggestion would be at least three estimates will provide a better insight into finding the best selling price to list your home.
Top 5 Reasons
a property could be receiving low offers or possibly none at all;
The property needs improvement.
The property is listed at an unsuited price point.
The listing could be lacking a broad exposure on the market.
No images of the property or low-quality photographs that could be too dark or look amazing as far as quality; however, clutter is visible.
The listing description could be overstated, incorrect, have little to no information or simply not attracting the right audience.
Marketing Tips
To create the best strategy for selling a property. An agent's responsibility is to guide the seller in making the necessary adjustments before listing on the market. One viable option is Staging.
Once a property is listed, obtaining buyer and professional feedback are essential moving forward.
The best solution in addressing a non-selling property is a re-evaluation and an overall assessment of the strategy used to sell your property, including the latest market data available. The goal is to sell and do it successfully within a short timeframe! Not having your property sit on the market for months due to errors that could have been avoided initially.
If an agent suggests lowering the asking price, which is very common in this industry, ensure a fact-finding report is composed for your consideration.
Avoid Marketing Short cuts
FSBO - No Solicitations
Although hiring a knowledgeable real estate professional has its great advantages, a savvy seller can get the job done just as well.
However, selling a home takes time and dedication. Many factors go into pricing a property and marketing it successfully.
To create the best listing plan, you must pull information from multiple sources that are not always readily available.
Research is key!
Photography
There are two main components in capturing great photographs:
1. The quality of the camera.
2. The quality of work produced by the photographer.
Sellers must ensure the photos taken of their property compliments the space, highlight its best features, and, most importantly, that the area is clutter-free.
A skilled photographer must have a vision beyond the lens. The quality of a photo could look amazing, but no matter how amazing it is, it doesn't mask the dirty dishes in the sink!
Foot Traffic
If your property has already seen its fair share of interest and you have yet to receive a reasonable offer, it's time for a reassessment. Initially, a system should have been in place to receive buyer and professional feedback, including on your agent.
Real estate professionals MUST put into practice all their skills, knowledge and capabilities to sell your property at a favorable price.
Keeping your best interest in mind is the priority, and your agent's efforts and presentation will speak volumes about their work.
We build
relationships
and value
transparency.
Want to learn more about listing with us?