Properly pricing your home is perhaps the most crucial factor in making a sale. Although you and your agent set the price, buyers determine the value. They’ll compare your home and your asking price to similar homes on the market. If your price doesn’t stack up, they may reject it and move on to the next listing. And the longer your property sits on the market, the less marketable it becomes because buyers begin to wonder if something is wrong with it. Pricing your home too high may increase the time your home spends on the market. That’s why your first step in determining the right price for your home is to have Stefan Ryzwanowicz, a Royal LePage experienced real estate professional, prepare a Comparative Market Analysis (CMA) report for your home. The report provides details on recent sales of homes similar to yours, as well as the asking price of homes currently on the market. I will then balance that information with other factors such as location, condition of your home, special interior or landscaping features, age of the house, and your time frame to determine a fair and competitive asking price.
Reaching an agreement between seller and buyer and then closing the deal requires complete objectivity and a thorough understanding of deeds, abstracts, offers, contingencies, disclosures, title searches, etc. Working with a skilled negotiator such as your Royal LePage sales representative with your best interests in mind may improve your chances of selling at the price that brings you peace of mind.
In most markets, finding qualified buyers will require more than the standard yard sign, classified ad and open house. In fact, according to The National Association of Realtors®, 82% of real estate sales are the result of agent contacts through previous clients, referrals, friends, family and personal contacts. Since many sales involve out-of-town buyers, marketing a home requires exclusive connections and a strategic marketing plan. At the very least, you should have your home listed in the multiple listing service (MLS), which is only open to licensed real estate agents. Royal LePage home sales specialists have access to state-of-the-art technology tools to share referrals across a global network. Plus, Your Royal LePage agent will spend time behind the scenes helping you target serious buyers and make the best of your prime selling period.
These days, you don’t want just anyone knocking your door and touring your home. The best way to help keep you and your family safe is to have a Royal LePage professional at your side, accompanying buyers as they tour your home and handling sometimes stressful negotiations.
Today’s buyer seeks to make informed decisions and demands a significantly high level of information related to their purchase. Stefan can provide you with detailed information on your community, schools, local government and much more.