Are you looking to sell your Buffalo Grove real estate? If the answer is yes, the hardest question you may need to face is “what is my home worth?”. As the homes owner you have years of memories, hard work, and probably a lot of money that you have put into your home. All of these things make you think that your Buffalo Grove Home is the best home in the subdivision, maybe even the whole town. The hardest part of an agents job is going into a home and having to tell the owner that it is worth less than the figure the owner has worked in their mind. Trust me, as a Realtor® in the Buffalo Grove real estate market I want to sell your home for the most amount of money possible, but if that means overpricing your home, it is never going to sell. Below is a list of things to consider before figuring out what your home is and is not worth.
The Market Value Of Your Home Is Not:
- What you have in it
- What you need out of it
- What you want
- What it appraised for
- What you heard your neighbor’s house sold for
- What the tax office says it is worth
- How much it is insured for
- Based on memories and treasures
- Based on prices of homes where you are moving
The Market Value Of Your Home Is …
What A Buyer Is Willing To Pay Based On:
- Today’s market
- Today’s competition
- Today’s financing
- Today’s economic condition
- The buyer’s perception of the home’s condition
- Location
- Normal marketing time
- Showing accessibility
Properties That Sell in Today’s Market (On a Scale of 1-10)
The 10’s are the Ones That Are Selling
How Can Your Property Be A “10”?:
- By improving the condition dramatically
- By offering good terms
- By improving the way the home shows “staging”
- By adjusting the price
As A Seller You Control:
- The price you ask
- The condition of the property
- Access to the property
As A Seller You Do Not Control:
- Market condition
- The motivation of your competition
- Value
If you are ready to sell your Buffalo Grove home contact The Sharron Kelley Team today! We can help you understand exactly what all this means and help you price your home correctly. By doing this you will see shorter market time and net a higher amount than if you over price. We send you monthly market updates not only for Buffalo Grove, but also for your neighborhood. These market updates help you understands exactly what is going on in the area and will help inform you to make the best pricing decision possible.
