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5 Factors of Selling a Home
There are five major factors to consider when selling a home. These factors will greatly influence not only the final price you will get for the property, but also how quickly it will sell and how much grief you will suffer through the sale. Location Over history it's been said the three things to look for in buying a property are (1) Location, (2) Location, and (3) Location. There are positive and negative factors to almost every location. Let's pretend your property is right next door to a fire station. You need the kind of marketing professional that can sell the benefits of not having to worry about your new home burning down, or perhaps the savings on fire insurance. Seriously, no matter where your property may be located, there is a ready, willing, and able buyer in the marketplace. The "problems" with the location of a property can be overcome, you just need a Realtor who will work hard to do so. Your Realtor and his/her Company Not all Realtors are the same. We each take different approaches to the marketing of your home. These range from as basic as placing the home on the MLS system and hoping it will sell, to Realtors who actively market the home through newspaper advertising and the Internet. You will likely have a positive Real Estate experience if you pick a Realtor who meets the following criteria:
By having a professional Realtor working on your behalf, your entire experience will be more positive. Terms Are you flexible on possession dates? Is your property easy to show? Are you prepared to negotiate on appliances or other chattels? This flexibility makes your home much more attractive to potential buyers. For example, many out-of-town buyers won't even consider a home if the possession is not flexible. First time home buyers often have to purchase the appliances with the home because they have to put all of their savings into the down payment. Where are they going to get $3000 to buy appliances? Condition Making a good first impression is important in getting a property sold. Painting the front door and trim, making sure the doorbell works, putting furniture and clothing in storage, and cleaning off counter tops and fridges are just a few of the little things that can be done to make properties more marketable. Just remember, cleanliness and pride of ownership will get you more money than used dirt. Price Determining a price is more than just picking a number. It involves careful analysis of the property. Many things come into account when determining a price. In fact, it is often through price where short comings in the other factors are balanced. For instance, if your home has been damaged from bad renters, is difficult to gain access to, is right next door to a "drug-den", and is located between the city dump and the airport, then the home will have to be priced accordingly. But watch out, while the price can fix almost every short coming, it's not always the best solution. Having a Realtor who will be honest with you about these factors is important, and could save you several thousand dollars. About The Author John Carle & Sharon Gregresh are Realtors with Royal LePage - ArTeam in St. Albert, AB. They pride themselves on providing more than just real estate sales and listings. Their clients benefit from a much larger spectrum or real estate services. Contact them any time at information@workingtogether.ca or through their website at www.workingtogether.ca. They can be reached by phone at (780) 458-5595
MORE RESOURCES: Broncos connected to real estate purchases around Burnham Yard, potential stadium site The Denver Post Small real estate investors reach record market share, now dominate 59% of investor purchases Fox Business Real Estate Transfers ~ May 30, 2025 The Bedford Citizen Real estate brokerage eyes move to Salesforce Tower Crain's Chicago Business Startup aims to bring assumable mortgages to the masses RealEstateNews.com After 50 years of blazing a trail for women in real estate, a Hampton Roads magnate retires The Virginian-Pilot Household Real Estate Asset Value Falls to Start the Year Eye on Housing Attorney General Jeff Jackson Frees North Carolinians from Predatory Real Estate Agreements NCDOJ (.gov) Lynn Goessling Talks Real Estate Trends in St. Louis Business Journal Armstrong Teasdale MV Realty update: Listing agreements terminated in Florida RealEstateNews.com Real Estate: 8 properties, including apartment complex, change ownership in Clark County The Arkadelphian Interview: Heidi Addo, vice president, Michel Commercial Real Estate Finance & Commerce EG Real Estate: 11 Sold & 13 Open East Greenwich News SDCERA commits $250m to real estate fund Private Equity Real Estate | PERE Former GE Headquarters Site in Fort Point Sells for $57 Million Amid Struggles in Lab Real Estate Market Boston Real Estate Times MARWEST APARTMENT REAL ESTATE INVESTMENT TRUST ANNOUNCES 10% INCREASE IN MONTHLY CASH DISTRIBUTION POLICY Yahoo Finance 4 rate-lowering strategies to share with buyer clients RealEstateNews.com Q&A: Colliers’ Devon Dvorak builds career in multifamily real estate Finance & Commerce Tech Bytes: reAlpha enters a new market, eyes national expansion RealEstateNews.com Home equity dips $4K as prices slow, costs climb RealEstateNews.com TCRS commits $150m to real estate fund Private Equity Real Estate | PERE Archie real estate platform wins Delaware EDGE grant Cape Gazette Real estate news: Tesla Collision Center property in Irvine sells for $21M Orange County Register The Best Real Estate of the Year, From Merv Griffin’s La Quinta Estate to a Historic Oxfordshire Manor Robb Report Aleut Real Estate breaks ground on hangar facility at Pryor Field Business Alabama Magazine New Perspectives: Cheers! | Real Estate Insights Piedmont Exedra Related Beal Celebrates Topping Out of Leiden Center II at Innovation Square in Boston’s Eastern Seaport Boston Real Estate Times Brooklyn BP Antonio Reynoso has taken cash from real estate interests despite pledge New York Daily News Kevin Joyce Talks Residential Real Estate, Mortgages & Opportunities For Sellers & Buyers Rockland County Business Journal MassHousing Announces Expanded, Statewide Down Payment Assistance Program - Boston Real Estate Times MassHousing Announces Expanded, Statewide Down Payment Assistance Program Boston Real Estate Times Matthews Real Estate Opens San Francisco Office Connect CRE Galvanize Real Estate Buys Maryland Industrial Portfolio CommercialSearch Licking County real estate transfers for May 26-30 hit nearly $1.5 million in Pataskala The Newark Advocate Real estate transfers in Hancock County for May 2025 Muddy River News Invesco Real Estate Provides $355M Refi of 24-Asset Industrial Portfolio Commercial Observer $28.2 million record home sale in West Palm Beach at 3030 Washington Road The Palm Beach Post Fond du Lac County property sold for $1.53 million in real estate transfers for June 2-6 fdlreporter.com News of public record: Muskingum County real estate transfers Zanesville Times Recorder Northwest Healthcare Properties Real Estate Investment Trust Announces June 2025 Distribution Newsfile Wake Up Your Real Estate: Defining Real Estate Nonstop Local News LOCAL REAL ESTATE TODAY 6.13.25 KQEN News Radio Real Estate Agent Booms and Busts Calculated Risk Brookfield Asset Management names CEO of real estate in reshuffle Pensions & Investments News of public record: Coshocton County real estate transfers Coshocton Tribune Real estate transfers: Canton supermarket property sells for $8.2M Canton Repository Building Futures Annual Awards Gala Fordham University $354M Deal: Bridge Investment Group's Massive Industrial Portfolio Refinancing Spans 6 Key States Stock Titan The Pipeline: Commercial real estate roundup for 6.13.25 Richmond BizSense Construction crews raising the next business park for fast-growing Kyle The Business Journals Texas firm pays $32M for Near North Side apartments Crain's Chicago Business Investors Are Selling a Record Share of Homes To Cut Their Losses—Especially in These 5 States Realtor.com Major Real Estate Deal: Lead Real Estate Secures Prime Spot in Tokyo's $6B Tsukiji Waterfront Transformation Stock Titan Welcome to Real Estate Friday! The Berkshire Edge Loyola names MCB Real Estate’s David Bramble as Business Leader of the Year Loyola University Maryland U.S. States With Lowest Mortgage Rates Today – June 13, 2025 Norada Real Estate Investments Real estate giants crack down on exclusive 'off-market' home listings in major shift for buyers Fox Business Real estate pushback to the 'Taylor Swift tax' begins. Will the charge hit everyday cottages? The Providence Journal |
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