SELLING YOUR HOME

The 8 Reasons Why People Buy and Home
  • Price
  • Location/ Neighborhood / School District
  • Staging
  • Overall Condition
  • Exterior Appeal
  • Home Site
  • Design/ Floor Plan
  • Features
Your Homes Marketability
  • What will you miss most about your home?
  • What will you miss most about this location?
  • What are some favorite features about your home?
  • What compliments have friends and neighbors made about your home?
  • What characteristics do you feel make your home unique when compared to others?
  • Who do you consider to be the target market for your home?
Using a Comparative Market Analysis as a Guide
A Comparative Market Analysis (CMA) is the strongest tool we use when estimating the potential selling price for your home. As a member of the Board of REALTORS® with access to the Multiple Listing Service, we can prepare a report that analyzes comparable homes in your area. Using this valuable information, we can assist you in determining an attractive, yet realistic price for your home.

A Comparative Market Analysis highlights similar homes in your area that are:

Active Listings – Homes that are currently competing with yours for the attention of buyers. We can see what comparable asking prices are, but remember these home have not yet received an acceptable offer.

Under Contract – Homes that have received and accepted an offer and give a good indication of realistic pricing.

Sold – Looking at the prices paid for recently sold homes provides the best foundation in determining your home’s most accurate market value. Once adjustments are made for square footage and features, we can make a qualified recommendation for the asking price of your home.

Expired – Homes that have gone through the duration of a listing period, but failed to sell. Many factors could be responsible such as lack of marketing or the home’s condition, but most often it is simply because the home was priced too high.

The Risk of Pricing to High
If you price your home at “Fair Market Value” you will see good activity and a good amount of buyer interest. The higher you go above Fair Market Value to “Test the Market” the less showings you will have. If you get really aggressive and price below Fair Market Value, you will get an increase in showings, and may end up receiving multiple offers with buyers trying to outbid each other for your home.

An asking price that is beyond market range can adversely affect the marketing of a property.

CURRENT ACTIVE LISTINGS

11 Holli Ct., West Salem, OH 44287
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330.441.2774

  Mobile / Direct

Coldewell Banker

Schmidt Family of Companies

The Leading EDGE Team
15380 Pearl Rd.
Strongsville, Ohio 44136

Let's Do This

The time to act is now and Kristin is very motivated to help you accomplish your real estate goals.

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