If you’re thinking of selling your home at any point in the near future, here are three key components that you’ll definitely want to explore.
1. What is the competition doing?
Even if you have the best home in your area, you have to know what other homes that are similar to yours are selling for right now and where the market is heading.
2. What is the sale price of that competition?
Buyers buy homes based on value. They determine value by comparison shopping. When they compare your home to another similar home that has recently sold, they’ll want to make sure the values are similar.
3. What’s your specific situation?
If you’re selling a home, there’s a direct correlation between the length of the sale and the price of your home. As we get into the luxury market in this area, the sales cycle tends to take a bit longer. This requires pre-planning, especially if you’re in a time crunch. You'll want to plan out your move based on the typical sales cycle for your community and your price range.
If you have any questions for me about selling your home or about real estate in general, don’t hesitate to give me a call or send me an email. I look forward to hearing from you soon.