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The following article was published in our article directory on February 13, 2014.
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Article Category: Real Estate
Author Name: Jay Hunter
What is the first thing that pertains to most individuals mind when we think of selling our house?
If you stated: "How much should we ask?" or "What is our house worth?" You are. We can not do anything up until we have an asking cost.
So how do we understand exactly what to ask? Well one way is to discover what other houses in the location (or similar areas) have cost. Sources of info are:.
1.) Municipal government, Assessor's Office.
2.) Commercial Records.
3.) Consult your friends and neighbors.
4.) Ask a Real Estate Professional to do what is called a Competitive Market Analysis or CMA.
5.) Hire a Licensed Real Estate Appraiser.
Working with an appraiser is in fact the best selection for several reasons. First we have to keep in mind that the appraiser's viewpoint of value is precisely that, a viewpoint. His viewpoint, naturally, is an enlightened viewpoint and is based upon a study of the market.
If you choose to show up at the market price without hiring an appraiser, the next best thing, in my opinion, is to have a Real Estate Professional do a CMA. A CMA, like an appraisal is an opinion of value based upon the Agent's experience and, obviously, a study of the marketplace. The difference being a CMA generally states the rate in a cost array instead of a precise rate on a specific date.
Bear in mind that a lot of Real Estate Agents are prepared to do a Free Market Analysis, due to the fact that they know that almost 90 % of the individuals that try to sell on their own end up working with a Real Estate Broker. If you decide to have a representative invest the time to do a CMA and come up with a suggested price based on a study of the Market, be sure to remember him or her when it comes time to list your property.
However there are things that you should do prior to you have the appraiser or the Real Estate Professional visit.
You need to do whatever is needed to get your home all set for sale. First is to get your place in Tip-Top shape. It's like selling an automobile ... you clean and polish in order to get top dollar, remove any unnecessary mess, have your front and backyards in perfect shape.
Purchasers are not patient, and remember you are offering on your very own. You can be sure the Real Estate Agent that is working with the same buyers that could be taking a look at your home, are calling them with new listings to take a look at and will be doing this up until they sell them something.
Your house should be ready for showing on a moments notification, you are competing against various other homes, so your house needs to look and be all set when the purchaser desires to see it. If you have animals make sure you clean up after them on a daily basis. Protect pets when the house is being revealed.
Exactly what next? Check out Part II of this series for the next step in the selling process.
To list your home for sale by owner, go to http://freerealtyonline.com/.
Residences for Sale by Owners
Well one way is to discover out exactly what other houses in the location (or similar areas) have offered for. If you decide to arrive at the selling rate without working with an appraiser, the next best thing, in my opinion, is to have a Real Estate Professional do a CMA. The distinction being a CMA generally specifies the cost in a price variety rather than a precise rate on a specific date.
It's like selling a vehicle ... you polish and clean in order to get top dollar, get clear of any unneeded mess, have your front and back yards in perfect shape.
Your house needs to be ready for showing on a moments notice, you are competing versus various other houses, so your home should look and be ready when the buyer desires to see it.
Keywords: homes for sale by owners, home by owner, real estate for sale, list home for sale, free real estate listing site, flat fee mls
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