Posts in category 'Sellers'

Pricing a home to sell is far from an exact science. Figuring out the sweet spot that will get a seller a good price in the shortest amount of time possible takes experience and market expertise.

But even with lots of experience in the local market, every agent has a property from time to time that doesn't drum up much interest early in the game. When that happens, it's time to re-evaluate the listing, including its price. After all, price is one of the biggest -- if not THE biggest -- factor on a buyer's mind.

So let's say a listing has been on the market for 30 days. For the sake of argument, let's assume the property is in good shape -- moderately updated, good floor plan, well-located, no significant maintenance issues, no over-personalization that's turning people off. The market is relatively balanced, with strong inventory and qualified buyers.

Click Here to Read More...

Last week, I posted a list of the exterior home-improvement projects that have the most buyer appeal. In this post, I'm going to revisit those same projects and look at what you can expect to recover from each one.

The numbers I'm using here come from the same report by the National Association of Realtors that I sourced in the previous post. Members of the National Association of the Remodeling Industry estimated costs for each project, and Realtors estimated the value added. The "value recovered," which I've listed with each project, is the value added divided by the cost, or a representation of how much of the initial investment...

Click Here to Read More...

If you've been paying attention at all to the for-sale signs around your neighborhood, you're probably seeing some of them change to "under contract" or "sold" within a few weeks or even days.

Houses are moving pretty quickly across the Roanoke Valley right now, and sellers are getting good prices. If you've been thinking about selling your home, now is a good time to consider it seriously, especially if it's in good shape.

As you start doing research about selling your home, you'll likely stumble upon some information about selling your house on your own, or For Sale By Owner. Among other things, you'll probably read something along these lines:

• You'll save money on commission if you sell your house yourself.

• There's no real magic to selling a house; anyone can do it.

• Realtors say they get better selling prices than FSBO, but their sta...

Click Here to Read More...