SELLING- Getting the Highest Price in the Shortest Time
The price is the first thing buyers notice about your property. If you set your price too high, then the chance of alienating buyers is higher. You want your house to be taken seriously, and the asking price reflects how serious you are about selling your home.
The most important factor of marketing your home is pricing it right. Your price should be adjusted to reflect the current market here in Colorado Springs. This task is a science that combines considering the recent sales in your neighborhood in the past six months, the current inventory (competition) your homes condition and attributes.
I can help you stage your home and decide what we have to do to get it ready to show and get it sold. I can help you identify defects (peeling or faded paint, cracks, stains, etc.) things that will prepare us for the current market. Condition alone can sometimes prompt fast buying decisions. Not only should you fix any defects, but consider upgrading your home by making major repairs and cosmetic improvements before selling. A nice looking home triggers the emotional response that can lead to a financial response.
In order to get the highest price in the shortest time, you need to have an Agent that knows how to market your home. And the more offers you get, the more choices you have to get the price and terms you want. I will get your home properly photographed, do a virtual tour, place these on the MLS and on many Internet sites, place a distinctive Re/Max Properties For Sale sign prominently in your yard and place ads in local real estate magazines and other publications.
Hot, Normal, and Cold Markets - Call me for the latest market news!
Right now we are in a Buyer's Market -
In a cold market, houses may be listed for more than a year and the prices of houses listed may drop considerably. This market is advantageous to the buyer. As a buyer, you have the time to make an offer that works to your best interest. It is not uncommon to low-ball and to find that sellers are accommodating to meet your needs.
Keep in mind that even though this market is a great time for buyers, you do not want to lose your dream home by being unrealistic. Your goal is to get your dream home at the best possible price.
Hot Market -
This is an extremely competitive market, one that is advantageous to the seller. Sometimes, homes will sell as soon as they are listed or even before homes are listed. Typically, during a hot market, multiple offers will be made on each home and more often than not, homes will sell for more than their asking price.
It is even more crucial to be prepared and to be ready as a buyer when the market is hot. It can be easy to get caught up in the bid for a home, but if you are prepared (pre-approved, solid in price range, realistic about your needs), it is easier to remain focused on your housing needs and price range.
Normal Market -
In a normal market, there is fairly a large number of homes available and an average number of buyers. This market does not necessarily favor the buyer or the seller. A seller may not have as many offers on their home, but he or she may not be desperate to sell either.
