I just wanted to send out a little information to all of you who may be thinking of selling in the near future or this year. I had a conversation with a lady today and it made me think that a lot of people out there may have the misconception about what is going on in the market place at this time. Whose information is the most beneficial, what statistics are going to steer the seller in the right direction to sell their home. There are plenty of sites out there giving estimates these days and more and more sellers or potential sellers are looking to these sources to give them the information that they need to decide if, when and how much to sell their house for. There are also agents who will list your home for whatever it is that you a the seller think you can get for it based on your found statistics.
My word of caution when relying on Internet sources to help you sell your home.
#1 These sites such as Zillow.com and Trulia.com among others may be a good guideline to show you what is going on in the area but the estimates that they give can often be skewed depending on the data reported. Ask yourself this, is everything reported? Is everything reported accurately?
I showed a home the other day listed as a 0 car garage, it had a 3 car garage, another listed in Skyline Ranch upon driving there I realized it is in fact in Morning Sun Farms, this is just an example of the information that can be reported incorrectly to such websites. This also happens with pricing, days on market, and homes that sometimes sell and are still showing available.
#2 Ask yourself where do I live? What are the amenities of my subdivision? What are the most recent sales, conditions, attributes? There are definitely pockets of homes that sell for less or more depending on where you are in your city, your town and sometimes even what street you live on in a particular subdivision.
#3 Ask yourself why you are selling? What is the motivation behind your sale? Is it to up size, downsize, move cities, because of a school or a job location?
#4 Are you even ready to sell at all? Do you want to try and sell the home on your own? Do you want to list it with a Realtor? What are all your options?
Remember selling is a big decision, almost as big as buying. Make sure to consult a Realtor for free before you do make that decision, find out what the market is like in your city, subdivision, street- see what that Realtor can do for you. Are you looking to make as much money as possible or save on commission? This may or may not be a good idea. You would probably never chose the cheapest surgeon or most inexpensive attorney who is giving out a discounted deal. Do all your research before selling For Sale By Owner or picking the Realtor with the cheapest fees- it may make all the difference in selling your home.
If you are interested in a free consultation or finding about what the market is like in your area please give me a call or shoot me over an email.
There are lots of agents out there for you to chose from and frankly I might not be the right one for you, but I would love the opportunity to find out. There is a difference between agents who will tell you what you want to hear to get your listing and agents who will do the research and tell you like it is to actually sell your home.
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