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Considering Selling?
Selling a home can be an exciting but also challenging experience. If you're planning to sell your Cambrian Park home, it's important to be prepared and aware of what to expect throughout the process. This short guide is designed to provide savvy sellers like you with valuable insights and tips to navigate the sale of your Cambrian Park property successfully.
DOWNLOAD TO ACCESS:
The Complete Guide to Selling A Home
Spring is here!
The Spring Real Estate Market is thriving, and we are seeing a significant increase in demand for homes in Voorhees, especially from millennials.
In fact, the current absorption rate in our area is only 3 months, which means that if no more homes come on the market, we will only be able to sustain the current demand for up to 3 months.
This is great news for anyone considering selling their home, as the high demand can lead to a boost in your bottom line.
If you are thinking about selling your home, now is the perfect time to do so. To get started, it's essential to focus on your curb appeal, which can significantly impact the value of your property. That's why we've put together a helpful checklist to help you get started.
Friendly reminder: Before you make a repair, be sure to check with a real estate agent to make sure it is worth your return on investment. Feel free to Book A Call with me if you have any questions or want a free consultation!
Are you a little behind on your spring cleaning? Grab a copy of the Ultimate Spring Cleaning Checklist that was featured last month.
Preparing for a possible move this summer? Click below to check out our moving checklist to get your whole house ready for the next home!
Want to know what is happening throughout Cambrian Park Now?
Click below for a full live schedule of local events around town!
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Click here for the local crime report.
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How to Price Your Home for a Quick Sale This Spring
How to Price Your Home for a Quick Sale This Spring
Spring is finally here, and with it comes a bustling housing market. If you’re planning to sell your home, now is the perfect time to do so. However, setting the right listing price is crucial to ensuring a quick and successful sale. Overpricing can deter potential buyers, while underpricing can leave money on the table. In this blog, we’ll guide you through the best strategies to price your home effectively in this competitive market.
Why Spring is the Ideal Time to Sell
Historically, spring is the peak season for real estate transactions. The pleasant weather, blooming flowers, and longer daylight hours make house hunting more enjoyable. Additionally, many families prefer to move during this time to avoid disrupting their children’s school year. This increased demand from buyers makes it a prime time for sellers to list their homes.
The Pitfalls of Overpricing
In a seller’s market, it might be tempting to set a high price to maximize your profit. However, this strategy can backfire. Buyers are more informed than ever, with access to numerous online tools and resources. They can easily compare your home to similar properties and spot an overpriced listing. If your home sits on the market for too long, it may become stale, prompting potential buyers to wonder if there’s something wrong with it.
Finding the Sweet Spot: Pricing Strategies
1. Analyze the Local Market:
Start by researching recent sales of similar homes in your neighborhood. Look for properties that are comparable in size, condition, and location. This will give you a baseline for setting your price.
2. Consider Market Trends:
Pay attention to the current market conditions. Are home prices rising or falling? Are there more buyers than sellers, or is the market balanced? Understanding these trends will help you set a competitive price.
3. Factor in Your Home’s Unique Features:
Does your home have any standout features that could justify a higher price? This could include a newly renovated kitchen, a spacious backyard, or energy-efficient upgrades. Highlighting these features in your listing can attract buyers willing to pay a premium.
4. Consult a Real Estate Professional:
An experienced real estate agent can provide invaluable insights and help you set the right price. They have access to detailed market data and understand how to position your home to attract buyers. They can also help you navigate the negotiation process to ensure you get the best possible deal.
The Role of Mortgage Rates
It’s important to consider current mortgage rates when pricing your home. As mortgage rates rise, buyers’ purchasing power decreases. This means they may not be able to afford higher-priced homes, making it even more critical to price your home competitively.
The Benefits of Pricing at or Below Market Value
Pricing your home at or just below market value can generate more interest and lead to a quicker sale. When buyers perceive a home as a good deal, they are more likely to act quickly and even engage in bidding wars, driving up the final sale price. This strategy can also prevent your property from languishing on the market and needing price reductions later.
Preparing Your Home for Sale
In addition to setting the right price, make sure your home is in top condition. Clean, declutter, and stage your home to highlight its best features. Professional photos can also make a significant difference in attracting potential buyers online.
Conclusion
Selling your home in the spring can be a rewarding experience if you approach it with the right strategy. By setting a competitive price, understanding market trends, and leveraging the expertise of a real estate professional, you can ensure a quick and successful sale. If you’re ready to make a move, reach out for guidance. We’re here to help you every step of the way, ensuring you not only sell your home but do so efficiently, securing the best possible return on your investment.
For more tips on selling your home and navigating the real estate market, subscribe to our newsletter and follow our blog. Let’s make this spring sale season your most successful yet!
Get in Touch:
- 📞 Phone: 650-619-6096
- 🌐 Website: www.homesbytomandtheresa.com
- 📧 Email: [email protected]
- 📱 Follow us on Social Media: @homesbytomandtheresa
DOWNLOAD TO ACCESS:
30 Day Plan to Prepare Your Home for Sale
DOWNLOAD TO ACCESS:
The Complete Guide to Selling A Home
Congratulations And Thank You For joining and welcome to the virtual seller seminar in Cambrian Park!
You're in the right place.
This free seller seminar is giving you the exact step by step blueprint on everything you need so you can get clarity on everything A-Z and guide to you make the best decision in selling your home for top dollar.
You will learn about timelines and timing, marketing your home, pricing your home, negotiations, and so much more.
Take a look around and let us know how we can help you.
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Discover how to sell your home Faster and To get top dollar!
"Will your home pass the test before going to market?"
- Learn how to sell your home for top dollar right now
- You may need to make a few changes before selling
"Let's talk about the timelines before listing a home with us."
- What you should expect when getting your home ready to sell
- How to maximize the return on your investment
"How quickly will my home sell? This is a common question we get."
- Learn about the market climate and absorption rates
- The market climate will determine how quickly your home will sell
"The importance of marketing your home properly."
- Digital marketing exposes your property to the masses
- Negotiation will be key in selling you home
- Pricing your home is not as easy as checking Zillow
"How do you determine what your house is worth?"
- Pricing your home right
- Factors to consider are size, condition, location, marketing, and negotiating
- Underpricing and overpricing your home will cause you to lose money
"Should I use Zillow as an accurate evaluation of my home’s value?"
- Zillow is an algorithm based on public data
- Zillow has never seen the inside of your home and it’s a computer
- Zillow comes up with the value based upon what your neighbors are selling for
- This is vital to ensure that you are safe during and after the sale
- Over-disclosure is better than under-disclosure
"How do you know if you should accept the offer you just got?"
- What if you don't receive the amount of offers you were hoping for?
- What happens if we have more than one offer?
"Are we heading into a recession and is now a good time to buy and sell?"
- If you're fearful of selling due to a recession, you may want to think again
- Remember, it's all relative
"How to negotiate like a master to make sure you get the most out of your home?"
- How to get top dollar when selling
- Walking away with the most amount of money in your pocket
"Should you get inspections done prior to listing my home?"
- The advantages of having inspections done prior to listing
- Saves you time and money
How to make a good first impression
- How to get maximum exposure and top dollar
- There are simple tricks that can save you money and maximize the return on your investment at the same time
NO NO NO!
- The goal is for your home to be seen by the masses
- Then, to get the highest and best price and terms for your home
"When a buyer has made an offer on a home and the seller has accepted it but the final sale is contingent on certain criteria being met."
- This criteria, or contingencies, typically fall under four major categories: appraisal, loan approval, inspections and reports & disclosures
"Now we're in contract prior to contingencies being removed. Now we're in business."
- The buyer now will secure their loan, have their inspections on the property, and review all of the reports and disclosures
Go to the next page to request a custom market proposal for your specific home.
Tom Yore and Theresa Sorensen
Keller Williams Bay Area Estates
DRE# 00984352 & DRE# 01343173
Meet
Tom Yore & Theresa Sorensen
Here at Homes by Tom and Theresa we have made it our top priority to put you and your needs first. We understand that the process of selling a home can be very stressful and we have the tools to guide you in the right direction.
Our goal as the communities market leaders is to provide those in our community with an immaculate service. With our years of combined work, digital marketing strategies, online platforms, and hearts that care more about serving you than selling you, we ensure you have our full integrity in this process.
Helping people is our passion as we are community market leaders and we are here to serve you. Let us provide you an amazing service as we help you through one of the biggest journeys one can go on.
Hoping to help in any way possible
WHAT PEOPLE ARE SAYING ABOUT TOM AND THERESA
"Tom and Theresa Are The Way To Go For A Successful Home Sale."
"My wife and I needed to sell my father-in-law's home in Saratoga in connection with settling his estate. Tom and Theresa did an outstanding job of counseling us about the housing market in Saratoga and making recommendations about preparing the house for sale. Since we live in Arizona, we left the house in their hands to oversee cosmetic upgrades and staging. Throughout the process, Tom and Theresa kept us informed and met every marketing benchmark on time. The home sold quickly and for an amount above asking price. We are very pleased with our experience and recommend Tom and Theresa as knowledgeable, professional and talented agents."
- SB Chard.
"You Will Have An Amazing Experience With Tom and Theresa."
"I would like to express the great service I experienced with Tom Yore and his partner, Theresa Sorensen. They are really a great team! Theresa would really stay on her game having to travel all over the valley rushing to meet a deadline at a bank or title company. They assisted in the sale of my parents’ house and closing the deal for my new home purchase. All through the process I was kept informed of the important papers I needed to have signed and to not neglect paperwork that needed my attention; I had to be reminded on a few occasions. I highly recommend the services of Tom Yore. He was referred by a family member, in which he helped my cousin sell his parents’ house. Good Luck to all who seek the team of Tom Yore and Theresa Sorensen, you will have an amazing experience with them."
- Dave G.
"Tom And Theresa's In-Depth Knowledge And Attention To Detail Made Them An Invaluable Asset For Us"
When we decided to sell our house it was an easy choice to go with Tom and Theresa. They were extremely helpful, knowledgeable and responsive as our listing team. Their professionalism, expertise and excellent interpersonal skills work synergistically to make them outstanding representatives for anyone interested in purchasing or selling a home. We purchased our first home from Tom 25 years ago and the intervening years have proven that the model and philosophy that they employ is extremely effective. Tom and Theresa's in-depth knowledge and attention to detail made them an invaluable asset for us.
- Troy and Susie T.
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