What is the difference between listing your home and selling in your home? What makes one home sell? What keeps another home a lingering on the market? The answer is usually price.
Determining a home’s were value requires some homework. Not only do we need to look at comparable sales in the neighborhood, we should also take into account other criteria that may effect the price. For instance proximity to freeways or busy streets, schools, bus lines, and shopping all influence the price of homes in the same neighborhood. In the current Davis Real Estate Market, even a slightly better home on the same street as another home for sale might not sell as quickly or at all priced incorrectly.
Popular real estate wisdom says that the first three weeks of a listing are most important. Around 30 days interest begins to fall. This is why it is important your real estate agent do their homework. Pricing a home well from the beginning is better than having to reduce the price later in the listing. Not only can you save yourself the frustration of having your home sit on the market month after month, in the long run my experience shows that homes priced accordingly actually sell for more than homes that were overpriced to begin with and were later reduced.
If you’re thinking of selling your Davis home, enlisting the help of Focus Realty Group will provide you with two Realtor opinions for the price of one. That being said, please know that all consultations are free, of course. A meeting with me will provide you with a comparative market analysis, also known as a CMA. This will give you, the homeowner, with detailed information about the local real estate market. At this time we can also outline marketing strategies for your specific home and recommend a selling price.
Those first meetings and CMA preparation are all about information… certainly more information is a good thing.
With mortgage interest rates at a historical low, it is a good time to buy a house. What I see at Open Homes every weekend, are buyers… buyers that are active, prepared, and ready.
If the price is right, one of those buyers could be your. But, to make that happen, you have to call me first. Simply put, I can help. And I can get things done.
Carmen Isais
530.601.1003
carmen@focusondavis.com
Why are so many homes in Davis still over priced? Don’t these people get it????
There are many reasons houses are over priced. First is a personal one. Everyone believes that their house is the best! Secondly, some people are stuck on the idea of how much they could have gotten for their house, and lastly, many people are upside down in their home. Being “upside down” in your house means that you owe more money than what the house will probably sell for, and often people start the price at what they have to sell it at. If a house is over priced I always encourage buyers to make a reasonable offer, and usually the reality will start to set-in with the seller.