Glenn Musto | Thursday, Sept 08, 2016. Whether you currently have your home for sale, or you’re thinking about selling in the future, a little advance planning can make a big difference in your success.
The Internet can be a godsend to any homeowner who wishes to sell a house. Online listings provide a great deal of information for prospective buyers as well as homeowners who wish to compare their homes to others on the market. Online information also updates much faster than that from offline sources, so is more likely to be current. Real estate websites that provide access to regional MLS listings can save a buyer or seller much effort. By accessing reliable online information, either buyers or sellers can devote more time to the many other aspects of home buying or selling. Team Musto website provides easy access to such information.
Buyers: Your Home’s Future Value
If resale value is important to you when you purchase your home, don’t buy the largest property in any neighborhood. Lenders or professional appraisers who determine the market value of your home always consider the values of the homes around yours. If those houses are smaller and less expensive, appraisers will almost certainly depreciate your home’s value. It is generally wiser to buy a house for which its size and value blend into the neighborhood. If you truly desire a larger home, you’ll be better served to shop in a neighborhood where the majority of property sizes is larger.
Sellers: Determining the Value of Your Home
Hiring a professional home inspector before you begin showing your home can often help you avoid future problems. A favorable home-inspection report will also support your asking price. Have a professional go through your home and point out any problems or needed repairs. Such issues must be resolved in order to optimize the value of your home. When should this be done? Sooner rather than later. Such advance planning can make a big difference during price negotiations.
While preparing your home for sale, you may want to make needed renovations or updates. Upgrades typically improve the value of any home, and make it more attractive to potential buyers. Keep in mind that labor costs are generally lower during slow construction times. Costs may also vary somewhat from season to season. You can typically save money by renovating when your local housing market and/or home construction is slow.
Re-evaluate your home’s market value frequently. If your house has been up for sale for a while, it may not be worth as much as you think it should be. Appraisals that are several months to a year old can easily be inaccurate. The Federal Housing Finance Agency, or FHFA, has an appraiser code of conduct for accurate evaluations of the value of your home. A professional Realtor can assist you with this evaluation.
Pricing Your Home
Pricing your home right is extremely important. This is especially true in a declining real estate market. You must consider what other properties in your area have sold for, and request your Realtor’s advice when it comes to pricing. A “sweet-spot” price will always attract the maximum number of potential buyers, and increase your chances of selling faster. Having more prospective buyers view your home is the best way to insure that you will receive top dollar when it sells.
Working with an experienced professional Realtor offers huge advantages when selling your home. A professional Realtor not only delivers sound, honest advice and opinions, s/he can also provide accurate information and suggestions for pricing your home. You receive maximum exposure through MLS listings and advertising. This can help you achieve a faster sale and higher selling price.
When pricing your home in areas where weather is a significant factor, consider the current season. Home prices in such areas often fluctuate throughout the year. A spring price won’t help sell your home quickly in the dead of a northern winter. You should also consider seasonal factors regarding the type of home you are selling. For example, demand is typically higher during tourist season months for vacation condos in our area of Florida. Permanent homes are far less likely to experience such a seasonal demand.
Pinellas County FL Home Prices
Team Musto currently has qualified buyers searching for desirable homes in the following areas of Florida: Clearwater Beach, Sand Key, Belleair and Belleair Shore, Indian Rocks Beach, Redington Shores and Redington Beach, Madeira Beach, Treasure Island, St Pete Beach, Tierra Verde, and downtown St Petersburg.
Prices in our area have increased steadily in recent years. We are experiencing an active sellers’ market, in which buyer demand is outpacing the supply of desirable homes. A sellers’ market typically assures that you will receive top dollar for your home.
If you are thinking about selling in the coming 6 months or so, you’d be wise to find out the value of your home today.
For a free online report of your home’s value today, click:
Free Online Home Evaluation.
Team Musto has qualified buyers waiting right now to purchase your home.
When you call, be sure to ask about our special Florida homeowner’s guarantee:
Home Sold Guaranteed – Or we’ll Pay You $10,000!
Call Team Musto now at (813) 610-4684, and start packing!