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Home Sellers
Multiple Offers Multiple offers' is a term used to describe when a seller receives more than one offer at the same time. A sellers dream come true, the multiple offer situation often results in the home selling for the full asking price, if not more. In our current market, it is common for Real Estate Sales Associates to list homes on the MLS and then 'hold offers' until a specific date in hopes of creating a multiple offer advantage for their sellers. On the cautionary side, many buyers have decided that they have had enough of this and refuse to be involved in mulple offers, or as they put is 'bidding wars'. Remember: Multiple offers happen when a home is either under priced or extremely well priced. If you believe in the philosophy of asking a lot in order to allow room to negotiate - don't hold your breath for multiple offers. Advertising Your Home How will you advertise my home? Exposing your home to the broadest and most like group of buyers is one of the most important issues in selling your home for the highest possible price. "Our goal is to introduce as many serious buyers to our clients home as possible." Each home is different and many require unique methods of exposure. We find the local newspaper to be a valuable tool, as well as our MedicineHatHomes.com website. A professional newsletter has also assisted with moving people within a certain neighbourhood. We find the majority of our buyers and sellers are trying to stay within their present neighbourhood. Advertising our listings locally has allowed many of these people to find their next home. For a personal plan on exposing your own home to the broadest market place, call Glyn Yuhas. Pricing Your Home Determining a realistic price for your own home can be a confusing task. Glyn has been in just about every home that has sold in the area and is able to give you an accurate market evaluation on your own home. Using the Comparable Data Method, Glyn analyzes what similar homes in the immediate neighbourhood have sold for in the same market conditions. With a written report, including all the MLS print outs of the comparable homes used in the study, they then analyze the findings with their sellers. It is always our sellers choice as to how they would like to price their home. We offer experienced advice.. "After all, it's their home!" It is important to note that everything must be taken into consideration when determining a realistic price for your home.
Just remember, buyers are comparison shoppers. They look at everything before they make a decision. One of the most commonly asked questions from buyers is 'how long has this home been for sale?' If your home is sitting on the market, the buyers ask "why hasn't it sold?" What do you think will be their number one reason? 
Each office is independently owned and operated. The information contained herein, while believed to be accurate, is not warranted to be so. |
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