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1: Creating a Marketing Plan
Create a marketing plan for your home that will help distinguish
it in your local marketplace and attract buyers to your property.
This may include advertising in the newspaper, posting your
listing on the Internet, holding an open house and more. We
often use the CENTURY 21 Customized Marketing System to create
a personalized selling program for clients. Its purpose is to
sell a home at the best price possible in the shortest amount
of time.
Step 2: Setting the Price
A key part of the marketing plan is setting the list price.
If a home is priced to low, it may cost you money. If a home
is priced too high, potential buyers may be scared away. To
determine the best asking price review the cost of recently
sold homes, evaluate the competition and study marketplace trends.
We are trained to use this information to help you reach the
right asking price. It is also helpful to discuss other terms
and conditions, such as timing and items that can be included
with the sale of the home. Both of these can make your home
more attractive to potential buyers.
Step 3: Showtime
Now it's time to get your home ready for the spotlight. Start
with a good cleaning, then eliminate any clutter, add a fresh
coat of paint and tidy up the yard. Talk to your real estate
professional about other tips that can help boost a home's curb
appeal and impress potential buyers once they're in the door.
One way to make a home more attractive is to purchase a Home
Protection Plan (Contact us for more
information). This insurance protects you, the seller, from
paying repair or replacement costs of major items during the
listing period. It also protects the buyer during their first
year of homeownership.
In addition, make sure you are aware of all the federal, state,
and local disclosure laws. This information can be obtained
by the specific local and federal government agencies or Contact
Us.
Step 4: Protecting Yourself
In some cases, a home sale can also be an invitation for danger.
Here are some things you can do to make the process safer.
• Ask for identification
• Ask for pre-approval letters
• Lock up and hide collectibles and valuables
• Remember "For Sale" signs bring in buyers.
Do not allow your children to open doors to strangers.
• If you have pets, make sure they are controlled
• Remove any dangerous items
• Contact Us about additional
safety tips to help protect you and your family.
Step 5: Making the Deal
A buyer has made an offer - now it is time to negotiate. Rely
on your real estate professional to guide you through this process.
He or she will help you arrive at an acceptable price, terms
and conditions. Once you have accepted an offer, help keep the
deal together by meeting deadlines and criteria, including home
inspections, appropriate buyer visits, scheduled deposits and
other steps. In fact, during this period there may be a renegotiation
of the accepted offer price depending on the outcomes of these
visits. As the closing nears, you may also need to perform repairs
or do additional work to the house as agreed upon in your contract.
In addition, you will need to have the house "broom clean"
prior to the closing so that the buyer can complete a final
walk through. When you finally arrive at the closing table,
come prepared with the appropriate certificates and approvals
as required by your town, county and state. Ask the appropriate
agency or Contact Us. Once the money
has exchanged hands and all the papers signed it's time to hand
over the keys and concentrate on your next big project - getting
YOUR new home in order.
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