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Flagstaff: Best Place to Retire 2012
12/25/2011 06:34 PM

And the Winners are...

Flagstaff is one of the 10 excellent places to retire in 2012 by U.S. News.  Chick here to read more :

 The 10 Best Places to Retire in 2012

 

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THE BEST CITIES TO RAISE AN OUTDOOR KID: THE WINNING 25

 

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Selling Your Home in 2012
12/19/2011 06:48 PM

Selling your home can be a long challenging process even in a booming market. Below are some tips to help maximize your financial gains while minimizing your own efforts.

1. Choose the Right REALTOR©

Having the right REALTOR© can make all the difference. You will be making many very important decisions while planning for and listing your home. Find a REALTOR© with whom you make a connection. They should understand your reasons for selling, your minimum requirements, and all the extras. You will be relying on your REALTOR© for information on market-related issues such as home pricing and marketing strategies, so choose someone with an intimate knowledge of your specific area.

Choose a REALTOR© who pays close attention to details and invests in marketing and most importantly, online marketing. The most common mistake people make when choosing a REALTOR© is, they go with the one that gives the highest list price. You are in control, you choose what price to list your home. This may sound simple enough, but if you truly want to sell your home, then it must be priced at or below market value. Do not choose a REALTOR© because they tell you your home is worth more than the market value. In this market, if you list your home at market value, it may sell. Again, it may sell, but in this market, listed at market value may not be enough. Your home price should be the best price available in your area. Remember, a Buyer in this market only looks for the BEST DEALS.  If your home is not a 'best deal' it will not sell and all the while you are paying the carrying costs.

2. Make a Plan

 

Now that you have a partner (Realtor), lean on that relationship to put together a realistic plan for pricing, marketing, selling, and moving from your home. A plan will outline very specific terms of what you expect. You and your REALTOR© will have a firm idea of what to expect. Doing this early will help keep you from getting caught up in emotion during repricing, negotiations, and other challenging moments.

3. Clean and Declutter

No one wants to look at your mess. Tidy up for the best return on your investment. Clean open rooms help potential buyers fill the space with their dreams as opposed to your life. Put away most of your photos, clean everything, and if need be get your clutter into storage. If you are going to move, go ahead and pack now. Clean Clean and Clean again. 

4. Calculated Improvements

If your carpets currently show signs of heavy use or are older than 10 years, replace them. If your carpets have lots of stains, professional cleaning is affordable and highly recommended. Fresh nautral color painted walls can be done yourself. Add more natural light if your home is dark, a solar tube skylight is affordable and can be installed in a matter of hours. Invest a few of your weekends to get your home ready to be on the market. 

5. Get the Bad News

It’s always better to be prepared. Consider getting your own home inspection first, and do a self test radon test. It is best to address problem areas now as opposed to during the negotiations.  

6. Save More Money

If you don’t have much, or any, equity in your home, you may want to start saving. It is unfortunately not uncommon in this market for a seller to need to bring some money in for closing. A possible situation where $2,000.- will be needed but if you don’t have it you could lose your buyer.  

7. Look–but don’t buy

You should absolutely begin the search for your new home before you sell your current home. With that said do not go overboard and commit before you have money in hand. Leveraging yourself too early in the selling process can force you to accept weaker offers and might force you to lose both homes.
 
If you are thinking about selling your home, I would be delighted to help you. Please call me at 928-814-2014 or email me at nopahn@russlyon.com. We can set up a time to meet and view your home. I enjoy presenting my extensive marketing plans, and  actions for listing and selling homes.

Read More:

Pricing Your Home to Sell

Show Case Your Home

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