The real estate market is always changing. Many factors determine the current market for your property. Demand for housing can change with the economy. It can change with the seasons, with changes in your area and with employment opportunity. Below are some of the factors that influence the market for your property.
LOCATION Location is perhaps the most important factor in marketing your home. Buyers consider the community and its amenities, schools, area employment and visual attractiveness.
PRICE Pricing your property for the current market is critical in attracting buyers. Most Agents will show your home to their waiting buyers within three weeks after it is listed for sale. If it is priced higher than the competitive listings, buyers will be more difficult to attract. After the property has been on the market for several months, interest in it will decrease. To sell your property quickly, establish as competitive a price as you can when you put your home on the market.
CONDITION The condition of your property will attract or discourage buyers. Be sure your property looks its best from the street. Buyers often decide whether to view a property when they reach the curb. The property should look fresh and clean. Rooms should be uncluttered andinviting.
TERMS A variety of terms available for selling your property will attract a large number of buyers. Ifyou can help arrange special financing, or if you are willing to carry a part of the financing yourself, you can increase the desirability of your property and perhaps meet your desired price.
AGENT The Agent you select will have a major impact on marketing your property. The attention your listing receives will affect the timing and the price of your home. Choose your Agent carefully. Choose one who you are convinced will give you the effort your listingdeserves