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If you are thinking about selling your
home you should consider the following points:
Choose a Realtor® and not just
a real estate agent. There are many
real estate agents in California who just
passed the real estate exam and that's the
extent of their career. They may have another
job somewhere else that actually pays the
bills. These real estate agents earned the
right to be called real estate agents but
are not Realtors®. A Realtor® is
a true professional that has joined their
given association much like a doctor would
in a medical association or an attorney
with their given bar association. You should
ask if they are a Realtor® or not, so
that you can make the right decision whether
to hire or not hire. A Realtor® is a
member of the National Association of Realtors®
and subscribes to a strict code of ethics
that outlines what their conduct as a Realtor®
should be. They are usually members of the
California Association of Realtors®
and their local board. We feel that a Realtor®
is someone dedicated to a full-time career
in Real Estate. And afterall, you deserve
a committed professional to handle the biggest
investment in your life.
Get a CMA to determine the
value of your home. Have your Realtor®
perform a Comparative Market Analysis of
your home. A CMA should compare your home
with other similar homes that sold recently
in the area. Also, the CMA should compare
and add in additional features that your
home may have such as Air Conditioniing,
a remodeled kitchen or a swimming pool.
The same goes if your home lacks the features
that are standard with other comparable
homes. So if your home is the only home
on the block with a small yard and close
to a busy street, you will take a hit in
value. A smart Realtor® that knows the
area should be able to give you a "Fair
Market Value" that takes into account
the local market conditions. In other words,
are people buying in your area or not. If
not, your Fair Market Value will most likely
be even lower than the same identical home
that sold a month or two ago just because
of the market conditions. In the end, the
value of your home is determined by what
a willing and able buyer will pay for your
home in today's market.
Don't Overprice.
This should be a rule of thumb in any market
but especially in a slow market. Nothing
will kill a sale more than a home that is
overpriced. If you even question being overpriced
or question your Realtor® about being
overpriced try this litmus test. Put on
your buyer's hat and start looking at all
the homes in the area and out of the area.
Play pretend with your entire family by
getting a read out of all the homes on the
market in a 100K range. So for example,
say you priced your home at 800K. Get a
read out and color pictures of all the homes
in the area and out of the area (neighboring
cities) from between 750K and 850K. The
challenge to you is to find a home that
has better schools than yours, more square
feet than yours, larger lot than yours,
and a better price than yours, etc. Once
you do this, ask yourself this simple question:
"What would I do if I was buying a
home right now, would I even consider buying
my own home?" If you answered an honest
No - congratulations, you are honest with
yourself and understand that buyers are
smart and you will not be able to pull a
fast one on these informed buyers. Lower
your price NOW.
De-Clutter Your Home. Many Realtors®
and real estate agents say to depersonalize
your home but we feel that the word depersonalize
may be a bit too harsh. De-cluttering is
best because it makes your home feel more
spacious and comfortable. As a rule of thumb,
remove one half of everything in your home.
If there is 6 items on your kitchen countertop,
remove 3 items. If you have 30 books on
your bookshelf, remove 15. Add space and
make your home more appealing.
Spruce Up Your Home. Sprucing
up your home is very important when selling
your home. We recommend fresh paint on both
the outside and inside. If you cannot paint
the entire home, touch up paint is second
best. Painting is the best value that you
will ever get back when selling. Make sure
you pick colors that are neutral. Our recommendation:
drive by a new home construction and take
a look at the colors that are being used.
New home builders have a good handle on
the latest color trends that appeal to buyers.
The homebuilders have already done the research
for you. If your home is vacant, you may
consider staging your home with a professional
staging company.
Get Internet Exposure In order
for sellers to really understand the way
that buyers find and buy homes they need
to see things through the Buyer's eyes.
Buyer's are overwhelmingly searching the
Internet for homes to buy. The Internet
has surpassed the newspaper classified ads
to be the number one marketing tool for
selling a home. Our network of websites
will get your home exposed and sold. We
have the following websites agreeing to
market and sell your home: www.ColdwellBanker.com
, www.CaliforniaMoves.com
, www.Realtor.com
, www.MlsListings.com
, www.DanielPizano.com
, aSanJoseRealEstateAgent.com
, www.aLosGatosRealEstateAgent.com
, www.HomesForSaleInCampbell.com
, www.HomesForSaleInSantaClaraCA.com
, www.HomesForSaleInSunnyvaleCA
, www.HomesForSaleInSanJoseCA.com
, www.HomesForSaleInLosGatos.com
, www.CambrianHomesForSale.com
, www.SuCasaSanJose.com
If you have a question about selling
your home call (408) 460-8401 or just fill
out the form below.
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