Massachusetts Real Estate- Merrimack Valley
Real Estate in Essex and Northern Middlesex Counties, Massachusetts
In Massachusetts home that are new to the market show up as a "NEW listing" for four days. From a marketing standpoint your listing is only new once. It is important for a seller to make the most of the first few days to the first couple of weeks of their new listing. The new listing period thru the first couple of weeks is a very critical time for the sale of your home. It is the period that will get the most amount of attention from the very best buyers. If it all … Continue reading...
At the crux of every real estate transaction underlies fair market value. At the end of the day most homes sold through the Multiple Listing Service will sell for fair market value. Definition of Fair Market Value in Real Estate Fair market value is defined as the most probable selling price for a specific property where both buyer agrees to buy and the seller agrees to sell. The sale must occur with the property having reasonable exposure to the public, with both parties acting … Continue reading...
There are several key components that go into a very successful home sale. But the most critical of all the components is getting your home priced correctly. Yet their are always multiple reasons why sellers overprice their home. Some home owners will unwittingly overprice their homes and others will do it on purpose thinking it gives them an advantage. Overpricing your home is never a good strategy when selling your home. In the long run overpricing your home may ultimately cost you … Continue reading...
I proposed "What Every Listing Agent Wished Their Sellers Knew".... well I received some great responses from some very competent listing agents across the country. For some sellers listing a home may seem like a mystery. But these agents know what they are doing.... from helping you prepare your home, pricing properly for the market and presenting it to the public, these top listing agents have the experience and know how to help you. What Every Listing Agent Wished There Home Sellers … Continue reading...
There are many factors that go into selling your home. But one of the more critical pieces is pricing your home just right. The price of your home can dictate many aspects of the home selling process throughout the life of your listing. One of the things that home sellers tend to overlook is the psychological factors that your list price has on buyers. Let explore some of the psychological factors that can motivate a home buyer to buy or a home buyer to even reject your … Continue reading...
Every home seller has high hopes their home will sell immediately and that there home is priced just right. Unfortunately for some home sellers that is not always the case and they will be faced with reducing the price of their home if they truly want to sell it. You will be left asking how much of a price reduction should I have on my home. Pricing your home right from the start is ultra critical yet it doesn't always happen. Sometimes determining the fair market value of … Continue reading...
Of course you want to get the most amount of money for your home. That is natural. But the price you set for your home will determine many things thru the life of your listing.... not just how much you net in your pocket. At the end of the day properly pricing your home boils down to the comparable homes that have sold around you. Your real estate professional should prepare a report or CMA for you to understand what similar nearby properties have sold for in the recent … Continue reading...
For 90% of the home buyers out there, deciding to put an offer in on a home is an emotional decision. Very rarely is it strictly a practical, financial decision. The decision to buy a home is driven more by emotion. There is something or a lot of things home buyers love about the home they buy. Many of my home buyers view between 10-15 homes before pulling the trigger on a home. Never mind the countless homes they may have reviewed on the internet. From the moment a … Continue reading...
You take the time to prepare your home and list your property. The family is ready to show on a moments notice. You are just waiting for the offers to roll in after the first open house. No offers, than a week passes, a month passes, than 2 months.... Showings are almost non-existent. The confidence you had to begin with turns to doubt, now you are wondering how do I know if my home is overpriced. When listing your home their are 3 critical keys to … Continue reading...
I went on a listing appointment the other evening. I know I shouldn't be shocked, but I was. I spent two to three hours researching and going over pricing on the property the homeowners were looking to sell. My research included a few drive by's of home that sold in the past 6 months. Two very good comparable properties were on similar parallel streets to the house I was researching. There was one flaw to this property which was high tension wires ran thru the … Continue reading...
