The first step in the home selling process is to set-up a time to discuss what your goals are in selling your home, determine your home's current market value and answer any initial questions you may have. Once these items have been established we can create a comprehensive plan to move forward with. The goals you have in selling your home will dictate the overall strategy. Typical goals people have when selling their home include:
- Generate the Highest Price Possible
- Sell in a Reasonable Time Frame
- Seamless, Hassle-Free Transaction
- Timely, Consistent Communication
- Their Interests Represented Throughout
- Property to Go Under Contract and Sell
I will thoroughly research recent comparable property sales and prepare a detailed market valuation report for you. The market valuation report will analyze recent comparable sales, under-contract properties, active listings and the overall local real estate market. This detailed valuation report will provide you with the information you need to strategically price and position your home in the Ocean City real estate market. The primary factors that affect property values include:
- Local Market Conditions
- Property Size
- Location and Views
- Property Age and Condition
- Recent Comparable Sales
- Interest Rates
- Number of Similar Listings on the Market
- Status of the Economy
- Community Amenities
- Homeowners Association Factors
Setting the listing price for your home is one of the most important steps in the listing process. If you set the price too high you will have limited showing activity and your home will sit on the market. If you price the property too low you could be leaving thousands of dollars on the table. A majority of the property showings you will have will be within the first couple of weeks that your home is on the market. These are informed, motivated Buyers that are active in the market and you want to capitalize on them. Additional advantages of proper pricing include:
- Capitalize on Motivated Buyers
- Sell in a Reasonable Timeframe
- Better Offers and Terms
- Less Inconvenience
- Better Cooperating Realtor Response
- Avoid High "Days on Market"
- Higher Net Proceeds
- Lower Carrying Costs
Proper planning and research on the front-end of a real estate listing goes a long way towards a successful real estate sale. A well-priced home with a well thought-out marketing strategy will generate competitive offers and sell within a reasonable amount of time. If you would like to discuss the sale of your home in greater detail feel free to contact me directly anytime at 443-614-9179 or via email.
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