Controlling Factors
I read an interesting article in the Indianapolis Star today in which home owners shared their frustration of selling their home in the summer market. Traditionally, in real estate, June is known as the ‘peak’ of the real estate season. This is the time in which inventory is at its highest and relocating families are ready to make their move before the new school year.
There are several factors that play into your home selling in the June market. As a seller, you have control over two of these factors: price and condition. How you price your home will determine if your home sells quickly or if you will be in for the long haul. The first two weeks are the most important weeks in selling your home. It will be listed in the MLS (Multiple Listing Service) for thousands of agents to see. An agent will know at that time whether you are priced in line with the market. If you are priced to high within the first hit on the MLS, your home stands a chance of becoming ‘stagnant’ on the market; even if you lower your price after a month. This is why you as a seller have control over price and you must make sure you are in line with fair market value; being the price a buyer would pay in today’s market.
The second factor is condition. The Indianapolis Star’s article listed some great home selling tips. Make sure your home is always clean and smells fresh. Second is to de-clutter. If you are planning to sell your home, then pack early. This helps create openness to your home so that a buyer can easily visualize your home being their home. Curb appeal is an important factor which you can learn about by clicking here. Lastly, create an ambiance to your home. Open the curtains, turn on all the lights, and play soft music and place fragrant flowers in different areas throughout your home.
In a nut shell, June is the time to sell…if your home has not sold by end of July; I recommend that you review the factors that as a home owner you are in control of: Price and Condition.
There are several factors that play into your home selling in the June market. As a seller, you have control over two of these factors: price and condition. How you price your home will determine if your home sells quickly or if you will be in for the long haul. The first two weeks are the most important weeks in selling your home. It will be listed in the MLS (Multiple Listing Service) for thousands of agents to see. An agent will know at that time whether you are priced in line with the market. If you are priced to high within the first hit on the MLS, your home stands a chance of becoming ‘stagnant’ on the market; even if you lower your price after a month. This is why you as a seller have control over price and you must make sure you are in line with fair market value; being the price a buyer would pay in today’s market.
The second factor is condition. The Indianapolis Star’s article listed some great home selling tips. Make sure your home is always clean and smells fresh. Second is to de-clutter. If you are planning to sell your home, then pack early. This helps create openness to your home so that a buyer can easily visualize your home being their home. Curb appeal is an important factor which you can learn about by clicking here. Lastly, create an ambiance to your home. Open the curtains, turn on all the lights, and play soft music and place fragrant flowers in different areas throughout your home.
In a nut shell, June is the time to sell…if your home has not sold by end of July; I recommend that you review the factors that as a home owner you are in control of: Price and Condition.
posted by Christina at 10:37 PM
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