Recipe For a Sale

 

There are 5 main ingredients that make up the sale of your home:

 

 

 

1.  LOCATION:          We usually cannot move a home! To coin the favorite

                                       phrase of appraisers: “Location, Location, Location.”

                                       The pricing of your property must reflect its location.

 

2.  CONDITION:         The upkeep and presentation of your property is

                                       crucial to obtain the highest value for your home

                                       in any given market at any given time. The pricing

                                       of your property must reflect its condition.

 

3.  PRICE:                   Price is the number one factor in the sale of a home

                                      A property is really only worth what one person is willing

                                      to pay another to gain ownership of it. Price must be in

                                      direct relationship to the other 4 ingredients and it is

                                      the most important of all!

 

4.  TERMS:                 The more terms available on your property the

                                      more potential purchasers you reach. The

                                      pricing of your property must reflect the kinds of

                                      terms available to purchase it.

 

5.  THE MARKET:    i.e. Interest Rates, Competition, and the Economy

                                     all make up and influence the state of the Market

                                     when you sell your home. The pricing of your property

                                     must reflect the current status of the Market.

 

 

 

When all of the above ingredients are in agreement. . . we have a sale!  

It just one of them is out of line it will take a longer time to sell, and . . .

The more ingredients there are out of line . . . the longer it will take

Before the sale of your home takes place.