Trying to sell your home? Let Tennessee Land and Homes help you with a comprehensive analysis so that you will find a "marketing plan that is just right for you".
Have a plan Real estate marketing involves far more than a sign in the yard and an ad in the paper. Successful brokers use a variety of methods to attract and qualify prospects, including the latest Technology in Internet and communication. SELLER'S ADVICE: Selling your home seems scary in todays market! Maybe you haven't sold a home before, the sellers market looks complex, and what worked years ago seems inappropriate in today's market. What can or should you do? Here's a list to get you started. You Can Do It! 1. Define Your Goal. Do you want the highest sales price -- or the biggest check at closing? They're not necessarily the same. Imagine that two homes sell for $300,000, but one owner pays 2 points and agrees to replace the roof. The owner who sold without such costs got a bigger check at settlement. The bottom line: To have a successful sale you need to look at both price and terms -- you must have a strong negotiator in your corner. 2. Times Have Changed. Today's real estate marketplace is very different when compared to 10 years ago. Purchasers now use the Internet, receive seller disclosure forms, get home inspections, and are routinely represented by buyer brokers. The result is that buyers can be better prepared than in the past. 3. Sparkle And Shine. Imagine going to a store and seeing dusty fruit or aisles filled with old shelving and cans. It doesn't happen because the grocery store knows how to present its goods. Sellers you must do the same. Get rid of things you don't want to move, organize closets and storage areas, and clean everywhere. 4. Mechanics Count. Buyers expect everything to work. Home inspections are now entirely common and what buyers miss home inspectors will catch. Fix and paint things now and they won't be an issue in the future. 5. Set the stage. When buyers see your home, it's showtime. They want an environment where they can see themselves. De-clutter and hide knick knacks that will distract them from their dreams. Giving them a show where everything is painted, arranged, and attractive, a home where the only issue is when to move in. 6. Know the market. Real estate is local. Your broker can explain current market trends in your community, including what's selling, what isn't, and why. This information is central to getting the optimal price and terms. 7. Know the competition. Your property will be competing with other homes for buyer attention. Ask your broker how to be competitive -- and how to have an edge. 8. Be realistic. Markets differ by location and time. When interest rates are low and the local job base is growing, it's great to be a seller. But when times are slack and mortgage rates are rising, homes also sell. The trick is to be realistic, to get as much as market conditions will allow.
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