Selling a
Home 101
So you've decided to sell your home.
Perhaps you're taking a job in a new
community and you need to sell. Maybe
you've outgrown your existing home and
you need to move into something larger.
Perhaps your family has grown up and
moved out and it is time to downsize
into a smaller home. Whatever the
reason, you've decided to sell your
home. What follows are some useful hints
and ideas to make the selling process
easier.
Basics Are Just the Beginning
When you put your home on the market,
a real estate agent may compile
comparative pricing of homes in your
area, post a sign in your yard or place
your home on the Multiple Listing
Service (MLS). Most real estate agents
will offer these industry standard
services. Even the most expected service
yields superior results.
* Our standard services are handled
with exceptional care and expertise
* We offer exclusive services and a
customized marketing plan developed
specifically for you
Setting the Standards of
Professionalism
When you list your home with us, you
can rest assured that behind us is a
team of experts who are well trained to
support your interests. Our professional
support team shares our commitment to a
successful transaction. Here is a list
of our support efforts:
* Most office managers are
non-selling real estate professionals,
thus maximizing their availability to
sales associates and to you
* Sales associates are supported with
full-time administrative staff, allowing
them more time to attend to your needs
* Individual agent marketing of your
home is supported with extensive
advertising, increasing exposure to
potential buyers
* Offices are open seven days a week,
with sales associates and support staff
available to you and potential buyers
Pricing Strategies
Pricing your home is a complex task
that requires the expertise of an
experienced real estate professional.
Consider the following:
* If the listing price is set too
high, potential buyers may be deterred
from considering your home.
* Arriving at the optimal price
requires evaluation and understanding of
current market conditions, and the
marketable features of your home.
* The closer your home is priced to
fair market value when it first comes on
the market, the more likely it will sell
quickly at the highest price.
* The higher your home is priced
above market value, the fewer number of
buyers will look at it.
We will advise you of many factors
when assisting you in determining a
listing price for your home. Some of
these factors include:
* Determining the selling price of
recently sold properties with attributes
similar to yours.
* Arriving at a listing price that is
attractive enough for buyers to request
showings and make acceptable offers.
* Determining what properties are
competing for the attention of buyers
right now.
* Determining what properties have
not sold. This is a good indicator of
what prices buyers are unwilling to pay
under current market conditions.
To find out the potential value of
your home, use this form to begin the
process. Click here
Bringing Buyers to Your Home
Understanding where buyers come from
allows agents to market your home more
effectively. While buyers use a variety
of information sources to learn about
homes for sale in their target
neighborhood and price range, the vast
majority will discover your home with
the assistance of a real estate
professional. According to research by
the California Association of Realtors®,
72% of Internet home buyers and 63% of
traditional buyers were first exposed to
the home they purchased by their real
estate agent. Therefore, we will use a
comprehensive plan that includes
networking with colleagues throughout
the area to position your home to the
right buyer.
Marketing Your Home
The more exposure your home receives,
the more opportunity you'll have to
achieve your financial and time-oriented
goals. In addition to Internet and print
media advertising, we attract qualified
buyers by using the following methods:
* Property Flyer - We prepare a
professional marketing sales tool
including graphics and highlights of
your home to distribute to the brokerage
community and potential buyers.
* Multiple Listing Service (MLS) -
Information about your home will be
included in the Multiple Listing
Service, a database of currently
available properties accessible by real
estate professionals.
* Other Brokers - We cooperate with
and invite other brokers in the
community to tour your home in order to
find a buyer.
* Relocation connections - Prospects
for your home also come from relocation
services, corporations, executive search
firms and fellow associates who keep
track of potential buyers and maintain
relationships with former clients.
* Referral Network - Sales meetings
allow sales associates to present new
listings. Other sales associates then
refer to their client databases to
identify potential buyers and arrange
viewing appointments.
We will provide you with periodic
status reports including buyer reactions
to your home, allowing us to continually
evaluate and reassess our marketing
strategy.
Skillful Negotiation
When offers are presented, we will
advise you and help obtain the best
possible price and terms.
Understanding the various standard
contract forms and the vast array of
contractual issues is key to negotiating
the best terms to meet your individual
needs. Making sure buyers are qualified
and knowledgeable about available
financing alternatives is of the utmost
importance in negotiating a successful
sale. We will promote your interests and
assist in developing a clear and binding
contract.
Transaction Management
Many details must be attended to
before a sale becomes final, including
inspections, loan documents, contingency
removals, and insurance. We know how
difficult and time consuming this
process is, and thus, we will handle
scheduling inspections, reviewing
documents, and making sure all of the
required disclosure forms and pamphlets
are provided in a timely fashion.