Tuesday, November 13, 2007

How to Sell Your Home in Todays Real Estate Market

If you are thinking of selling your home in Atlanta in today`s real estate market, consider this fact. The real estate sales fee that you pay a good real estate broker will actually make you dollars. If you try to sell the house yourself, giving bad information at an inopportune time will cause you to loose money. Further more, your paying to have your home noticed by all the realtors who are part of the MLS system for your area. Keep in mind 90% of bona-fied buyers are using agents to show them homes. And last, it takes someone with experience to walk a buyer step by step through the home buying process. A full time agent is important when considering and one with at least 5 years on the job.

Once you have picked out your agent, get them to show you what is currently on the market in your area of town. It is good to get a first hand look at the competition, which will give you a good idea on pricing. Your agent will want to know what you have in mind for price as well. A good rule of thumb on pricing is to be slightly under your competition depending on the overall condition. Your agent will be able to show you picture comparisons of these homes readily available through the local MLS.

When the prospect views your home, it may take several minutes for average homes and bigger homes, even more. Price is not an issue at this point because the buyers agent should have pre-qualified them at this point. Its very important here, that your home is free from disorders in the home such as unclean or messy rooms for instance. This would be considered the buyers largest responsibility or staging the home. Due to high listing volumes, the market demands your home be in excellent condition to show.

Make changes if your not getting a fair amount of traffic. 6-10 showings a month. If the agent is doing his or her work a monthly price adjustment is probably in order. It may not seem like it always but there are plenty of buyers out there and 10 to 20 homes selling every month in your area. Don't get discouraged with slow pace from time to time. Sometimes its just the season your in. When prospects come back for a second look, this is a good indication you are priced in the market pretty well and a possible offer could be in the works.

I hope you find these tips helpful and they become beneficial to you. Remember to plan each step slowly and carefully. I believe you will find this to be time well spent.

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