1. Educate you about your market.
2. Analyze your wants and needs.
3. Guide you to properties that fit your criteria.
4. Coordinate the work of other needed professionals involved in transaction.
5. Negotiate on your behalf.
6. Write up a proper contracts and offers which can take hours.
7. Check and double-check paperwork and deadlines.
8. Solve any problems that may arise.
The asking price you set for your home significantly affects whether you will profit in the sale, how much you will profit and how long your home will sit on the market. Your real estate agent’s knowledge of the overall market and what’s selling – or not selling – will be invaluable in helping you determine the price. The objective is to find a price that the market will bear but won’t leave money on the table.
Time is not on your side when it comes to real estate. Although many factors influence the outcome, perhaps time is the biggest determinant in whether or not you see a profit and how much you profit. Studies show that the longer a house stays on the market, the less likely it is to sell for the original asking price. Therefore, if your goal is to make money, think about a price that will encourage buyer activity (read: fair market value).
Pricing your home to sell in a timely fashion requires some objectivity. It’s important that you not confuse value with cost – in other words, how much you value your home versus what buyers are willing to pay for it. Don’t place too much emphasis on home improvements when calculating your price, because buyers may not share your taste. For instance, not everyone wants hardwood floors or granite countertops.
Because time is of the essence, make it easy for the buyers. Remain flexible on when your agent can schedule showings. Also, avoid putting contingencies on the sale. Though a desirable move-in date makes for a smoother transition between homes, it could cause you to lose the sale altogether. We are here to help you price it right as it is crucial to be properly positioned in the market when selling. Get your comparative market analysis today!
Selecting and property repairing and renovating a property for your new home, or as a rental or sales opportunity can be rewarding, and equally challenging. Through our years of experience in the greater Dallas and Fort Worth markets, Lund Realty provides unique investment property opportunities through our SuperCashForHouses division.
Be sure to look at our "Featured Listings” if you’re looking for a property that requires less potential effort to meet your requirements. If you’re looking for more of a “project” that enables you to meet specific needs or offers a greater return on investment based on your repair/ renovation abilities, we have options for you to consider.
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