Here are some points to consider: Time. Time is not on your side when it comes to real estate. Although many factors influence the outcome, perhaps time is the biggest determinant in whether or not you see a profit and how much you profit. Studies show that the longer a house stays on the market, the less likely it is to sell for the original asking price. Therefore, if your goal is to make money, think about a price that will encourage buyer activity (read: fair market value).

Value vs. Cost. Pricing your home to sell in a timely fashion requires some objectivity. Its important that you not confuse value with cost - in other words, how much you value your home versus what buyers are willing to pay for it. Dont place too much emphasis on home improvements when calculating your price, because buyers may not share your taste. For instance, not everyone wants hardwood floors or granite countertops.

Keep it simple. Because time is of the essence, make it easy for the buyers. Remain flexible on when your agent can schedule showings. Also, avoid putting contingencies on the sale. Though a desirable move-in date makes for a smoother transition between homes, it could cause you to lose the sale altogether.

Visit my website www.housesbytiffany.com to search for homes and for valuable information for bother home sellers and buyers!

Posted by Tiffany Shtogrin on December 01, 2009 at 10:15 AM

About Tiffany Shtogrin
With a background of investing in real estate, making the switch from a securities broker to a real estate professional came naturally for me. I truly enjoy meeting new people and helping them with important life decisions, like buying or selling their home as well as investing in real estate. I have lived in the St. Charles area since 1994 and couldn't feel more strongly about what a wonderful place this is to raise a family, meet new people, settle down and buy your first home, move up to a bigger home or invest in one of the best places to live in America. There is so much to enjoy, see and do for anyone and everyone here in Saint Charles and Saint Louis. It would be my pleasure to help you with any of your real estate needs...whether you are a first time home buyer, a move up buyer or seller, thinking about new construction or an experienced or new real estate investor. I want you to know you can count on me listening carefully to understand your needs and desires and promise my best professional effort to help you make the right real estate decision for you. As we move through your real estate transaction, I will work to make it a successful, enjoyable and stress free experience as possible. We may even have some fun along the way...I look forward to hearing from you soon!




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