As your REALTOR®, we will assist you to determine the correct price range for your home, point out things you should do to make your home more appealing to buyers, and devise the most effective marketing plan of action. Here are some of the steps we will take to market your Denver home:
- Review the selling process without the technical jargon
- Perform a comparative market analysis
- Determine the list price and target prices
- Market your property using our 30 point marketing plan
- Keep communications open
- Present and negotiate the purchase offers
- Negotiate inspection issues
Factors That Affect Your Denver Home's Sale
There are three main factors that determine how marketable your home is ? price, financing, and time.
- Price - If your home is priced too high, you will reduce the number of buyers who will tour the home and you must be willing to wait much longer for your home to sell. Either it will take that much longer to find someone to pay more than the home is worth, or the market will eventually catch up to the asking price of the home through inflation.
- Financing - You may not realize it, but the financing of your buyer can have a tremendous impact on the success of selling your home. Try to offer very attractive financing options. Consider carrying the financing yourself at a below-market interest rate or preparing your home for government financing. Also consider offering a buyer rebate or special allowance for things like paint or carpet. This could open the door for many buyers that otherwise wouldn't normally consider your home.
- Time - If your time frame is important then you must be willing to lower the price.
How Much Should You Ask for Your Denver Home?
Of course you want to get the full market value for your Denver home. The first step to getting the best price is to determine your home's value. As your REALTOR® I can help you set an asking price by taking the following factors into consideration:
- Your home's value will be effected by recent selling prices of comparable homes in your area. After reviewing the selling prices for such homes, the price is adjusted according to current market trends and differences in the homes.
- Buyers most likely look in the price range determined by their monthly payment ability and down payment. Buyers are often very knowledgeable in their price range and purchase by comparison. Unreasonable asking prices are an immediate turn-off.
- Inviting a potential buyer to make an offer shows that you are willing to bargain. However, if your asking price is outrageous, the buyer's offer will most likely also be unreasonable.
- It's necessary to offer pricing, terms and conditions that are competitive in your market. This will help you sell faster and get the full market value.
Getting Behind on House Payments? (or know someone who is?)
Marianne is a Certified Distressed Property Expert (CDPE). With the specialized training and resources that this provides, Marianne has the expertise necessary to help you save your credit, relieve the uncertainty, and most of all help your family. There are eleven options available to help you, from renegotiating your loan to doing a short sale of your Denver home. Contact her for a free consultation to see what makes sense for you. You can also visit our Avoid Foreclosure in Denver website at www.DenverAvoidForeclosure.com.
3 Ways to Add Value to Your Denver Home - 2 Min. Video