175 Main St
Suite G
Setauket, NY 11733
Phone: (631) 625-4500 Mobile: (631) 335-7078 Fax: (631) 625-4450 Email Gina

Price to SELL


Once you have decided to sell your home, you want to put it on the MARKET, get OFFERS, and SELL and you want it to accomplish this as quickly as possible.

The key is to "position" your property so that it is desirable; attractive to buyers in the market place, & competitive; so that it competes well when compared to other similar homes in the area.

OVER PRICED HOMES: 
When a home is "Listed" above what the buyers are willing to pay and what banks are going to appraise it for, we are just wasting our time.  We wind up with:

  • A home that sits on the market, has minimal offers and ultimately never sells. 
  • Disappointed sellers: the inflated price set the stage with a false sense of hope that they may get “$$$” for their home.

The best way to avoid all the disappointment is to market the home competitively from the very beginning.  Below are some pointers for you to consider.

  1. Have an agent do a comparative market analysis of your home (CMA) This will give you a demonstration of what other buyers paid for homes similar to yours. The agent will make adjusts up or down depending on the amenities of your specific home.
  2. Get a bank appraisal to find out exactly what the bank determines your property to be worth. (If your home does not appraise for what you are asking, or even what someone is willing to pay, it will be very difficult for the prospected buyer to obtain a mortgage on the property) 

Having a bank appraisal is fairly inexpensive when considering how much time you can/will save.  And everyone knows what they say;      timing is everything"  & "time is money"


Note to Sellers


According to recent research, the Internet is a popular tool for homebuyers. Nearly two-thirds of potential buyers use it to refine their search. Most broker Web sites let buyers browse by house size, style, area, and price.

Many buyers will look only at those homes within their price range and may not even consider those beyond what they are willing to pay, much less make an offer. As a result, it's essential to accurately price your home for the market. The greatest number of potential buyers is for homes that are priced consistently within the range for their particular market. The higher your home's price is above the market, the fewer the number of interested buyers.

Overpricing can also make a home take far longer to sell.

Even if an overpriced home does receive an offer, there is no guarantee it will appraise at that price. Because most buyers finance their purchase, overpricing might make it difficult, if not impossible, for buyers to obtain financing.

The best strategy is to price your home at market value right from the start. A fairly priced home will capitalize on the flurry of buyer interest a home enjoys during the first few weeks on the market.

 


Selling Your Home


 


Selling your home is an involved process that affects your family and your future.  Before you begin this process, you'll want to ensure that you have the most up-to-date information.  When should you sell?  How do you get the best price? What kinds of renovations should be made prior to the sale? 

These home selling reports will assist you in answering the many questions that arise during the home selling process.  When you're armed with the right information, and an experienced real estate professional, you'll be closer to reaching your goal - selling your home fast, and for the best price.

Please contact me if you have any questions about selling your home. 

Below, select desired reports and complete the form provided.

Common Selling Mistakes
Learn the top nine selling mistakes, and what steps you can take to avoid them.
Selling Your Home
Remember what first attracted you to your house when you bought it? What excited you about its most appealing features? Now that you're selling your home, you'll need to look at it as if you were buying it all over again.
Surviving the Sale
Getting a good price for your home is important, but minimizing stress and simplifying the selling process can be just as essential.
The Right Selling Price
When you’re selling your home, the price you set is a critical factor in the return you’ll receive. Learn several factors to base the assessment of your home.
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