5 Factors of Selling a Home

There are five major factors to consider whendeliver your baby because I have a 4:00 t-off
selling a home. These factors will greatly influencetime"? How about an accountant who can't
not only the final price you will get for themanage his own finances? You should be able to
property, but also how quickly it will sell and howexpect the same level of professionalism from
much grief you will suffer through the sale.the agent you choose to represent you.
LocationBy having a professional Realtor working on your
Over history it's been said the three things tobehalf, your entire experience will be more
look for in buying a property are (1) Location, (2)positive.
Location, and (3) Location. There are positive andTerms
negative factors to almost every location. Let'sAre you flexible on possession dates? Is your
pretend your property is right next door to a fireproperty easy to show? Are you prepared to
station. You need the kind of marketingnegotiate on appliances or other chattels? This
professional that can sell the benefits of notflexibility makes your home much more attractive
having to worry about your new home burningto potential buyers. For example, many
down, or perhaps the savings on fire insurance.out-of-town buyers won't even consider a home
Seriously, no matter where your property mayif the possession is not flexible. First time home
be located, there is a ready, willing, and able buyerbuyers often have to purchase the appliances
in the marketplace. The "problems" with thewith the home because they have to put all of
location of a property can be overcome, you justtheir savings into the down payment. Where are
need a Realtor who will work hard to do so.they going to get $3000 to buy appliances?
Your Realtor and his/her CompanyCondition
Not all Realtors are the same. We each takeMaking a good first impression is important in
different approaches to the marketing of yourgetting a property sold. Painting the front door
home. These range from as basic as placing theand trim, making sure the doorbell works, putting
home on the MLS system and hoping it will sell, tofurniture and clothing in storage, and cleaning off
Realtors who actively market the home throughcounter tops and fridges are just a few of the
newspaper advertising and the Internet. You willlittle things that can be done to make properties
likely have a positive Real Estate experience ifmore marketable. Just remember, cleanliness and
you pick a Realtor who meets the followingpride of ownership will get you more money than
criteria:used dirt.
- Personality. It's hard to work with an agent youPrice
don't like. You won't trust him/her, and the entireDetermining a price is more than just picking a
experience will be a difficult one. You have enoughnumber. It involves careful analysis of the
on your mind without having to argue and bickerproperty. Many things come into account when
with your agent. No matter how good an agentdetermining a price. In fact, it is often through
is... if you don't like each other, then it won't be aprice where short comings in the other factors
good experience.are balanced. For instance, if your home has been
- Availability. Having a full time Realtor (or a teamdamaged from bad renters, is difficult to gain
of them) is vital to the successful sale of youraccess to, is right next door to a "drug-den", and
home. If your Realtor isn't available to sell youris located between the city dump and the airport,
house because he/she's "working a day job", thenthen the home will have to be priced accordingly.
how committed is that Realtor to you?But watch out, while the price can fix almost
- Work Ethic. Just like any other professional inevery short coming, it's not always the best
your life, you need a Realtor who is organized,solution.
professional, and hard working. Have you everHaving a Realtor who will be honest with you
seen a lawyer show up for a case in sweat pantsabout these factors is important, and could save
and a t-shirt? Or a doctor say; "I'm sorry, I can'tyou several thousand dollars.