The Key Factors that Get Your Home Sold

By Raynor James

Selling a property is a process that can be reduced to a number of factors. In fact, there are five key ones to consider.

If you have never sold your home before, it can be a bit of complex process. Simply put, where do you start? Do you just pick any old price and list it? Well, you can. It may sell, but it may not. A better approach is to analyze a few key factors that contribute to every property sale.

Condition – The first factor is the condition of your property. A house is something to be lived in. This means issues of wear and tear are going to arise. Before listing your home for sale, make sure you get it as close to pristine condition as possible. Do some painting and landscaping. Check carpets and windows. How about the fixtures in the bathroom and kitchen? Cleaning all of these up can go a long way to enticing a buyer to make an offer.

Location and Market – The location of your home is something you obviously cannot change. You might be in an excellent area, but you might also be in a less than stellar one. Regardless, the key to selling your home is to understand the pricing of homes in your immediate area. Once you have the range down, price your home within the market according to its quality compared to the others for sale.

Marketing – Once you decide to sell a property, you need to make a mental adjustment. The property is no longer the place your family lives. It is a product. This means you need to market it. Get an online listing. Put it in the local MLS. Hold open houses. List it in the classified of the local paper. Tell people you are selling it. You can’t over market it!

Pricing – Pricing is the area where most sellers have problems. The first step is to find out what other homes in your local area of have been selling for over the past three months. The next step is to find out what homes are current listed at. You need to know these numbers intimately because potential buyers will. Now compare your home to the pool of homes you have. Where does it fall in relation to size, condition and so on? Now compare the price of the homes a bit better and worse. Your price should be somewhere in the middle.

Selling a home is primarily a matter of preparation. If you prepare correctly, you should be able to move it even in a relatively slow market.

Raynor James is with FSBOAmerica.org - get a free one month listing when you sell FSBO homes for sale by owner.

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>> Where can I sell my home?
Sell your home at Yipeyay.Com: Australia | USA

Timing Issues When Your Home is Sold

By Lou Ross

As the real estate bubble has burst, selling a home has become more difficult unless you are in one of those areas where things are still good. You can put so much effort into selling, you can forget about moving!

Selling a home is a process that can be stressful. First, you have to figure out your market. Once you do, you have to deal with people and agents coming to view the home. Sooner or later, you will get an offer. Then the negotiations occur. Once an agreement is reached, are you home free? Rarely. Issues are going to arise with home inspections and such. Since escrow periods typically range from 30 to 60 days, things can get pretty rushed and stressful. Obviously, you need to focus on the sale of the property, but what about that glorious day when escrow closes?

For most people, selling a home necessarily means buying another one. At least one hopes so! The transition from one home to another can be difficult. It is hardly the first thing on your mind during this period. Instead, you are focused on getting your old home handled while at the same time making sure your new home is going to be ready.

One of the big issues that comes with moving from an old to new home is timing. Simply put, the closing date for both transactions often does not happen on the same day. Yes, you can try to get it done, but sometimes it just isn’t possible. So, what do you do? One option is to try to pay a small premium to have your new home vacated by the time you need to move. The seller may be willing to do this, but then again may not. It can really become impossible if you want to make improvements before moving in.

Let’s assume a situation where you have three or four days from when you have to move out of your old home and into your new one. How do you span this gap? One option is to use moving trucks as storage vehicles. You can just load them up at your old home and then let them sit till the new home is ready. Obviously, you need to find a secure location for them. I did this once and parked them at my uncle’s home for six days. He had a large lot and an annoying neighbor. He was more than happy to let me park three big moving trucks behind his house in full view of the neighbor!

Another option is to move your stuff into storage. I suggest you avoid this. Unload and then reloading moving trucks in the time span of a week is a good way to end marriages, develop moving rage and so on. It just isn’t worth it!

Lou Ross is with MovingCompaniesforYou.com - find moving truck rentals along with helpful advice on moving issues.

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>> Where can I sell real estate properties?
You can buy and sell real estate properties on Yipeyay.Com: Australia | USA