Selling

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Value Report

What's my Home Worth?

Five Factors for Selling Your Home

List Price
Your Mel Foster Co. real estate expert will prepare and provide for you a current Competitive Market Analysis which will assist you in deciding the list price for your property.
Location
For the buyer, it's sometimes all about location, location, location. Buyers consider street traffic, proximity to interstates, schools, and shopping when purchasing a home.
Property Condition
Exterior and interior conditions of your home play a factor in the buyer's decision to make an offer on your home.
Market Condition
Competition, interest rates, the economy and consumer confidence will all impact the sale of your home. While we cannot control these factors, we must consider them when deciding the marketing and pricing strategies.
Contract Terms
Sale contingencies, closing dates, and exclusions of fixtures or appliances can affect the contract. To avoid any confusion and eliminate the chance of affecting the contract, these items should be handled up front.

Pricing Your Home

Asking Price

The actual market value is based on what a buyer is willing to pay. You should price your home in the range of actual fair market value. Setting a fair price from the beginning helps you get the best sale price for your home in the shortest amount of time.

Overpriced Homes

Since all agents are looking for new listings to show their active, qualified buyers, the majority of the new listing showings occur when the property is first put on the market. After that time frame, the activity decreases to only new buyers. This is why it is important to set your home at the best price during the first market exposure.