As the seller, you can control three factors that will affect the sale of your home:
* The home's condition
* Asking price
* Marketing strategy
However, it's important to note that there are numerous other factors that influence a buyer, and you need to understand these consumer trends when you enter the sellers' market. The more your home matches these qualifications, the more competitive it will be in the marketplace. Your real estate agent can advise you on how to best position and market your home to overcome any perceived downsides.
Location
Unfortunately, the most influential factor in determining your home's appeal to buyers is something you can't control: its location. According to the National Association of REALTORS(r), neighborhood quality is the No. 1 reason buyers choose certain homes. The second most influential factor is commute times to work and school. SizeWhile some buyers want to simplify their lives and downsize to a smaller home, home sizes in general have continued to increase over the decades, nearly doubling in size since the 1950s. Smaller homes typically appeal to first-time home buyers and "empty nesters," or couples whose children have grown up and moved out.
Amenities
Preferences in floor plans and amenities go in and out of fashion, and your real estate agent can inform you of the "hot ticket" items that are selling homes in your market. If your home lacks certain features, you can renovate to increase its appeal, but be forewarned: That's not always the right move. Using market conditions and activity in your neighborhood as a gauge, your agent can help you determine whether the investment is likely to help or hinder your profit margin and time on the market.
Tuesday, May 5, 2009
What is my home worth in todays market?
In today's economy it is important to know the market value of your home. Many of us would like to believe that we know what our home is "worth" and many potential sellers know what they want to sell their home for, but in most cases the perception of what a home is worth to the seller is not reality with today's market. Investing in real estate is still a solid long term investment strategy, however, owners need accurate and reliable information at their fingertips to really understand and weather today's market conditions. There are a number of outstanding websites that are free to people to go and receive this type of information. Information truly is power so utilize these tools that are right at your fingertips. If you have questions with any of this information or you are having trouble accessing these websites please give us a call and let us help you better understand the value of your home and the value of homes on the market.
http://www.homeinsight.com/Widget/default.asp?5GWSR8MTNT5S
http://www.homeinsight.com/Widget/default.asp?5GWSR8MTNT5S
Labels:
clover,
foreclosure,
fort mill,
real estate,
rock hill,
tega cay,
york
Sunday, May 3, 2009
All homes are a stage
Play your part when it's time to sell. A few simple techniques can help your home show better and sell faster.
Make it shine: Use orange oil on dried out wood cabinets to restore luster and shine.
Accessorize: Add a bowl of polished apples, oranges or grapes to the kitchen counter or dining room table.
Smells sell: Woo prospective buyers with the irresistable scent of fresh baked apple pie or cookies.
Let there be light: Natural light can enhance the look of any room. Make sure your windows and window treatments are sparkling clean and wide open when potential buyers arrive.
Pictures of you: Place photos of your and your family enjoying the home in at least three areas of the home to show how your family made this house a home.
Ready to sell? We have more ideas to make your home sparkle for prospective buyers so contact us at Rock Hill Homes today.
Make it shine: Use orange oil on dried out wood cabinets to restore luster and shine.
Accessorize: Add a bowl of polished apples, oranges or grapes to the kitchen counter or dining room table.
Smells sell: Woo prospective buyers with the irresistable scent of fresh baked apple pie or cookies.
Let there be light: Natural light can enhance the look of any room. Make sure your windows and window treatments are sparkling clean and wide open when potential buyers arrive.
Pictures of you: Place photos of your and your family enjoying the home in at least three areas of the home to show how your family made this house a home.
Ready to sell? We have more ideas to make your home sparkle for prospective buyers so contact us at Rock Hill Homes today.
Labels:
clover,
foreclosure,
fort mill,
real estate,
rock hill,
york
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