Thursday, November 5, 2020 / by Jason Gasbarra
It's your turn, sellers.
This month we’re focusing on the housing market from a seller’s perspective. We’ll give insight on what’s working and also provide some pitfalls to avoid. All to make sure that when you’re ready to sell, you can do so with confidence.
CHOOSING THE RIGHT AGENT
With so many agents vying for your attention, how do you choose the one that’s right for you? Every Door Broker Jarrett Coulson offers four main things to consider.
1. Personality. Your agent should be someone you feel comfortable being around.
2. Plan. Your agent should do more than stick a “For Sale” sign in your yard. They should have a strategy for online marketing, photography, and more.
3. Property valuation and negotiation. Your agent should have a track record of high-level negotiations and accurate valuations.
4. Price. “Beware of the agent that promises you the highest sales price and the lowest commission.”
Watch the video or read the blog for more information on each of these points.
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Why I Chose To Work With Every Door Real Estate
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Justin Sullivan | NPR
“Sales of homes costing $1 million and up have more than doubled since last year,” according to NPR. “And the trend isn't just among the superrich. Sales of homes between $250,000 and $500,000 saw a 36% gain from a year ago. But homes going for $500,000 to $750,000 saw nearly twice as big a percentage jump in sales.” And while sales of homes priced less than $250,000 have struggled, it’s not necessarily because of a lack of buyers. Read more here.
WHAT COMES NEXT?
Despite the pandemic and weak economy, the real estate market has surged. Experts suspect that prolonged time spent at home has many Americans re-thinking their personal space and opting for something different (i.e. a new home). Experts disagree on how long this surge will last, but one thing is certain: We’re going to be riding the wave of this surge for awhile. Read the Fortune.com article here.
SELLERS NEED HOME INSPECTIONS
Inspections are typically the responsibility of the buyer. However, more and more sellers are getting “pre-inspections” before listing. This trend saves money, reassures buyers that you aren’t hiding anything, and puts your property in the best light. Read the Forbes.com article here.
WHAT'S YOUR HOME WORTH?
Every Door’s home valuation tool can estimate your home’s value within 30 seconds. Try it out here.
A SELLER'S MARKET
King County continues to break real estate records—and it’s all in the seller’s favor. Home prices are climbing higher and higher, bidding wars are the norm, and we’re even seeing all-cash offers. An example of this is one home that “sold in early September for a full $100,000 over the $699,999 list price in an all-cash deal.” Clearly now is the time to sell. Read the Seattle Times article.
EARN TOP DOLLAR
These five improvements should result in a higher sale price: paint, landscaping, flooring, bathroom updates, and light fixtures. Read the HerMoney.com article to see the cost of each as well as ideas for less expensive options.
THE HOME STAGING MUSTS
According to an Investopedia.com article, “Relative to the amount of time and money involved, staging may be one of the most lucrative projects you ever undertake.” Staging doesn’t have to be complicated—it just has to showcase your home’s best assets so that buyers can envision themselves living there. The staging rules of thumb are to clean, declutter, depersonalize, remove odors, define rooms, paint, freshen up flooring, use natural light, be intentional with furniture, address wall cracks, maintain the exterior, and add final touches before each showing. Read the article for detail on how to achieve each.
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