coldwell realistate
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3. Your motivation for selling.
If you are not motivated to sell your home, this is not the right market to test the waters. For those sellers that are realistic and have a true need to sell, if you price your home at fair market price and are willing to offer concessions and other incentives to buyers such as seller financing, paying homeowners dues, or contributing to the buyer's closing costs.
If you are contemplating selling your San Fernando Valley real estate, you should speak with a San Fernando Valley Realtor about pricing the home right, as well as other marketing strategies. The biggest mistake any seller can make is pricing their home too high in today's real estate market.
Here are some factors to take into consideration to help you price your San Fernando Valley real estate:
1. Recent comparable sales in the area.
Sherman Oaks, Encino, Van Nuys and North Hollywood sellers are competing with other comparable properties in their neighborhoods, as well as short pay, foreclosure and bank owned REO properties. Savvy buyers are looking for well priced homes. Only smart and motivated San Fernando Valley sellers are able to compete in this marketplace by pricing their homes at or slightly below market.
Marketing the Home
Your San Fernando Valley Realtor will prepare a comparative market analysis for you which contains information about the active listings, pending sales and closed sales in your neighborhood. She or he will recommend a suggested list and sales price that you can expect to get for your home and also recommendations on how to make your home more attractive to a large pool of buyers.
Factors to Consider When Determining the Right Listing Price
4. Market conditions. Buyer’s market or seller’s market?
2. Special features and amenities of your home.
While price is important in selling your home, you also need a good marketing campaign to expose your home to qualified buyers. It is recommended that you list your property with an experienced Sam Fernando Valley Realtor who will place the listing in the MLS, and advertise it in several different Internet websites to reach a large pool of buyers both locally, nationally and internationally. Trying to sell your home on your own is difficult today because there is a large inventory of homes on the market in the San Fernando Valley, and you are competing with distressed properties, bank owned and REO properties.
The right price, a good marketing campaign and an experienced San Fernando Valley Realtor will enable you to get top dollar for your Sherman Oaks, Encino, Van Nuys or North Hollywood home, and help you sell your home quicker.
Only Motivated Sellers are Selling Their Homes
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