How to determine the price of your home

Once your home is prepared for sale, it is time to set a price. When determining a list price, there are different factors affecting your home’s value which need to be considered. Besides the home itself, location, schools and neighborhood are a huge consideration. If you live in an area that is growing, has good infrastructure, and a strong local economy, the price of your home will be positively affected. Conversely, people leaving the area, a saturated market, and loss of jobs will result in a lower home price.

Avenue Realty will assist you in also taking a very objective approach to listing your home. We will provide you with a comprehensive report of the sales activity in your neighborhood and utilize other pricing techniques we have mastered over the years including evaluating expired listings and pending sales. Setting a price that can be supported by objective data will help your home sell more quickly and at the right price. Be wary of a listing agent who does not provide data to support a list price. This will often result in a longer and more frustrating selling process for you, the seller.

Selling your home is very, very dependent on setting a correct listing price! Avenue Realty has a track record we are proud of with listing homes at the correct price the first time. We would appreciate the opportunity to walk you through the details of how we recommend a listing price to our clients.

*Avenue Realty Quick Tip*

Research completed at Cornell University has determined that buyers will pay more for a home with a listing price that does not end in zeros. So, as silly as it may seem, a list price of $349,975 will more likely lead to a higher offer than the same home listed at $350,000.

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The Complete Home Selling Guide

The Complete Home Selling Guide

When you look to sell your home, there are a ton of questions that surface. Well, we’ve developed a complete guide to reference when you decide to sell your home. Checkout our ebook to get answers from some of the most frequently asked questions.

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Closing on your home

Closing on your home

Once you have accepted an offer to purchase and you and the buyer have signed all the contractual documents, the result is a legally-binding ratified contract. It will be essential for you stay on top of any items needed from you during the transaction, such as providing a termite inspection letter and providing access to the home for inspections and appraisals.

Is there anything I need to do while my home is on the market?

Is there anything I need to do while my home is on the market?

While your home is on the market, always be prepared for the last-minute showing by doing your best to keep your home clean, de-cluttered and organized. Make sure to clean those dirty dishes in the sink and take out the trash!

What should I look for in a comprehensive marketing plan?

What should I look for in a comprehensive marketing plan?

At this point in the process, you should have interviewed at least two Realtors and set a listing price. It is now time to understand the comprehensive marketing plan tailored to your specific home.

Decide on your terms

Decide on your terms

Deciding on terms you will accept from or offer to a buyer will also influence your listing price.

How can you prepare your home to receive top dollar?

How can you prepare your home to receive top dollar?

Once you have decided it is time to list, you need to take an objective look at your home, which is an understandable challenge for most sellers. Buyers are going to be more inclined to make an offer on a home that has been well maintained and priced correctly.

Staging Your Home for Sale

Staging Your Home for Sale

Selling an empty home can be difficult because people have trouble picturing the home with that lived-in feel. Staging a home is one way to provide a better sense of how the space can be used and attract buyers. It doesn’t have to be difficult or expensive but it does need to be done carefully for the best effect.