MARKET VALUE HOME MARKET VALUE HOME Who Determines the Determines the of your.

Slides:



Advertisements
Similar presentations
Buying and Selling a Home
Advertisements

Warm – Up Housing Question Monday, October 7, 2013 While creating your budget, what was most important to you have enough money for?
© 2005 The McGraw-Hill Companies, Inc., All Rights Reserved McGraw-Hill/Irwin Slide 1 CHAPTER TEN VALUATION OF INCOME PROPERTIES: APPRAISAL AND THE MARKET.
Objective 2.03 Analyze financial and legal aspects of home ownership.
Sales Comparison Approach The Adjustment Process Wayne Foss, MBA, MAI, CRE Foss Consulting Group
We Provide Complete Realty Services for Buyers and Sellers.
Do Agents Control The ‘Market Value’ Price of Homes? No - Agents Just Report Value To Sellers The job of an agent is to report to sellers what home buyers.
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Real Estate QUIZMASTER QuantitativeAnalyticalNumericalMiscellaneous.
FOR SALE BY OWNER What Every F.S.B.O. Should Know!
OUR APPROACH A GUIDE TO HOW ERA COMPANY WILL WORK WITH YOU TO SELL YOUR HOUSE planning marketing pricing selling.
INSERT ERA COMPANY LOGO HERE INSERT ERA COMPANY LOGO HERE OUR APPROACH A GUIDE TO HOW ERA REAL ESTATE PROFESSIONALS WILL WORK WITH YOU TO SELL YOUR HOUSE.
Introduction to Business and Marketing Chapter 32.1.
INSERT ERA COMPANY LOGO HERE INSERT ERA COMPANY LOGO HERE OUR APPROACH A GUIDE TO HOW ERA SUNCOAST REALTY WILL WORK WITH YOU TO SELL YOUR HOUSE planning.
The price is right? Presented By: Clara Lee Coldwell Banker Residential Brokerage Palo Alto Midtown.
Presented by: Endrico Patolot Majestic Realty & Investment Co. Cell No Website :
Kathy Pilon, Broker Realty Executives Cold Lake Ave, Cold Lake, AB T9M 1P
Complete Home Marketing Plan THE Your Name Your Information
How to Price Your Home to Get Top Dollar Do Agents Control The ‘Market Value’ Price of Homes? No - Agents Just Report Value To Sellers The job of an.
Buyer’s Advantage Work with a Certified Local Expert.
Presented by David & Kristen Plamondon Your Dedicated Realtor® Team WHY LISTINGS ‘EXPIRE’
Chapter 4 Group 3 Finding – “The three most important things about a single-family house are location, location, location.” Don’t make a firm offer on.
Your Name Your Title. Your name: Your Accomplishments
How I Will Help You SELL Your Home. The Four P’s Critical Elements for a Successful Sale PROPERTY PRICE PROMOTION PREPARATION FOR CLOSING.
N ext S tep REAL ESTATE Take all the RIGHT STEPS for Real Estate Success.
Presented by: AGENT NAME. This presentation will help you to: – Get to know me as an agent – Learn about the marketing strategies I use to get your home.
Purchasing your Florida Home If you are listening to the Media, you are missing the boat!
MARKETING LISTING CONSULTATION
Targeting the Right Price Presented by David and Kristen Plamondon Your Dedicated Realtor ® Team
Marketing proposal Prepared for Mr. and Mrs. Paul Kierce.
COMMISSIONS Tuesday June 2, COMMISSIONS  IN THIS ECONOMY, PEOPLE ARE LOOKING TO SAVE MONEY.  WE CAN’T REALLY BLAME THEM FOR THAT.  WE ARE THE.
Objective 2.03 Analyze financial and legal aspects of home ownership.
Stephanie Crawford, e-PRO, Realtor Internet Facts and Figures.
Chapter 22: Buying a Home.
PARK ONE PROPERTIES SELLER’S PRESENTATION Mike Beck Toni Beck Linda Boggs CeCe Barnard Gerard Bell Tifany Jones Kim Beck Dan Robertson Sheri Robertson.
Objective 2.03 Analyze financial and legal aspects of home ownership.
‘Agent Assist’‘Agent Assist’ Quarterly Strategy Call 11/06/2013.
Why Listings ‘Expire’. Price – Without proper pricing, a property will take a longer time to achieve a sale and will yield substantially less dollars.
Real Estate Agent Finding and Selling Homes UNT in partnership with TEA, Copyright © All rights reserved.
Monthly Market Watch for Maricopa County An overview of what is happening in the Maricopa County real estate market (using January 2011 statistics) Provided.
© 2011 Cengage Learning. Preparing for the Listing Appointment Chapter 8 © 2011 Cengage Learning.
Realty3CT.com Targeting the Right Price. Realty3CT.com Targeting the Right Price Targeting the right price when you begin to sell your property will make.
Gordie McCarty Professional licenses Contractor and Real Estate Agent.
INSERT ERA COMPANY LOGO HERE INSERT ERA COMPANY LOGO HERE OUR APPROACH A GUIDE TO HOW ERA SUNCOAST REALTY WILL WORK WITH YOU TO SELL YOUR HOUSE planning.
REAL Trends Top 200 Brokerages RE/MAX Rank for Transactions Nationally Just Look How RE/MAX Dominates!
Selling Price Vs. Timing Timing is extremely important in the real estate market. A property attracts the most activity from the real estate community.
Financing Residential Real Estate Lesson 9: Qualifying the Property.
© 2013 All rights reserved. Chapter 12 Valuation Process and Pricing Properties1 New York Real Estate for Salespersons, 5th e By Marcia Darvin Spada Cengage.
Monthly Market Watch for Maricopa County Anoverview of what is happening in the Maricopa County real estate market (using January 2009 statistics) Provided.
Karen’sKorner. Active purchase contract; and Both buyer and seller are obligated.
Sarah Hardy Principles Information Technology 4 th period Ms.Estep 10/15/13-10/17/13 Marketing.
Things To Ask Your Listing Agent During Your First Meeting For Real Estate Marketing Tips Reach
Stage It Agent – Best Real Estate Consultant in Leesburg.
Understanding The MLS Will Give You The Advantage The MLS Allows A Seller To Easily Target Motivated & Qualified Buyers! It’s Designed For Move-Up Sellers.
Why should hire London Property Buying Agent to Buy or Sell Property ?
Complete Home Marketing Plan THE Roderick Macdonell (915)
A Sellers Guide to Finding the Right Agent to Sell Your Home!
The REAL TRUTH About Your Home’s MARKET VALUE.
The REAL TRUTH About Your Home’s MARKET VALUE.
Rand Smith xxx-xxx-xxxx DON’T RELIST WITH THE SAME AGENT Call
Find Out How Much Your House Is Worth In Today’s Market.
The REAL TRUTH About Your Home’s MARKET VALUE.
The REAL TRUTH About Your Home’s MARKET VALUE.
How To Sell Your Own Home!
Do Agents Control The ‘Market Value’ Price of Homes?
We really believe that REALTY EXECUTIVES is “The difference between ‘For Sale’ and ‘Sold.’” ©REALTY EXECUTIVES International, Inc.
Understanding The MLS The MLS Allows A Seller To Easily
Find Out How Much Your House Is Worth In Today’s Market.
Sold! Before We Get To The Free Sample Allow Me To Remind You…
The REAL TRUTH About Your Home’s MARKET VALUE.
Competitive Price Lines as of _______________________________
Presentation transcript:

MARKET VALUE HOME MARKET VALUE HOME Who Determines the Determines the of your

True Market Value Is Only Determined when a Home Buyer Buys Your Home and Closes Escrow. Agents DO NOT have anything to do with determining market value. As good as we are, even we can’t tell you what your home will sell for. No one can do that! It is Really a Matter of Making a “Best-Guess”… an educated guess based on facts of record. Does this surprise you? It should! Not Even an Appraiser Can Tell You What Your Home Will Sell For. They are really making an educated guess using Facts of Record and then comparing features etc. True Market Value Is Only Determined when a Home Buyer Buys Your Home and Closes Escrow. Agents DO NOT have anything to do with determining market value. As good as we are, even we can’t tell you what your home will sell for. No one can do that! It is Really a Matter of Making a “Best-Guess”… an educated guess based on facts of record. Does this surprise you? It should! Not Even an Appraiser Can Tell You What Your Home Will Sell For. They are really making an educated guess using Facts of Record and then comparing features etc.

Therefore, We Suggest a “Pricing Strategy” Based on These Facts of Record: Therefore, We Suggest a “Pricing Strategy” Based on These Facts of Record: 1.Similar Homes Recently Sold Tells us the average price home buyers are willing to pay for somewhat similar homes, in this area, at this time. 2.Similar Homes Now For Sale This is our competition. Buyers will compare your home to these homes before deciding on which home to buy. 3.Expired Listings This group tells us what home buyers are not willing to pay for similar homes in the current marketplace. 1.Similar Homes Recently Sold Tells us the average price home buyers are willing to pay for somewhat similar homes, in this area, at this time. 2.Similar Homes Now For Sale This is our competition. Buyers will compare your home to these homes before deciding on which home to buy. 3.Expired Listings This group tells us what home buyers are not willing to pay for similar homes in the current marketplace.

What We Do With those Facts of Record… What We Do With those Facts of Record… We use them to create a “TOTAL MARKET OVERVIEW” rather than a typical “Competitive Market Analysis” Which is Used by Most Real Estate Agents. In other words we will look at “ALL” the homes in your area or city so you get an “OBJECTIVE” overview of the current market. This is the only fair way to determine a “pricing strategy” that will sell you home for the most money possible! We use them to create a “TOTAL MARKET OVERVIEW” rather than a typical “Competitive Market Analysis” Which is Used by Most Real Estate Agents. In other words we will look at “ALL” the homes in your area or city so you get an “OBJECTIVE” overview of the current market. This is the only fair way to determine a “pricing strategy” that will sell you home for the most money possible!

Why Not Use the Typical “Competitive Market Analysis”? Why Not Use the Typical “Competitive Market Analysis”? Because the agent handpicks which homes to include in your analysis (many times the agent has never even seen the homes selected). Using this method, any and every agent can move the apparent market value of your home up or down $25-$50-$75,000 or more. IT IS A “SUBJECTIVE PROCESS”! Because the agent handpicks which homes to include in your analysis (many times the agent has never even seen the homes selected). Using this method, any and every agent can move the apparent market value of your home up or down $25-$50-$75,000 or more. IT IS A “SUBJECTIVE PROCESS”!

The MOST EFFECTIVE WAY to SELL YOUR HOME is to: 1)Work Together to Determine A Compelling “Pricing Strategy” Based On Facts Of Record. 2)Make the Property “Easy-To-Show” Utilizing an Electronic Keybox: This strategy will generate the most activity from day one. Usually leading to an offer or in some cases multiple offers. This is only possible if we have the proper pricing strategy in place from the beginning The MOST EFFECTIVE WAY to SELL YOUR HOME is to: 1)Work Together to Determine A Compelling “Pricing Strategy” Based On Facts Of Record. 2)Make the Property “Easy-To-Show” Utilizing an Electronic Keybox: This strategy will generate the most activity from day one. Usually leading to an offer or in some cases multiple offers. This is only possible if we have the proper pricing strategy in place from the beginning

“But What if You Think Your Home Is Worth More Money?” “But What if You Think Your Home Is Worth More Money?” We Will Go to the Moon With You on the Pricing Strategy for the First 30 Days. If Not Sold by Then… A price adjustment/enhancement should be made automatically, closer to what the market value appears to be based on facts of record. These adjustments should continue every 30 days until your home is sold. We Will Go to the Moon With You on the Pricing Strategy for the First 30 Days. If Not Sold by Then… A price adjustment/enhancement should be made automatically, closer to what the market value appears to be based on facts of record. These adjustments should continue every 30 days until your home is sold.

80% of the Marketing of Your Home is the Pricing Strategy! 80% of the Marketing of Your Home is the Pricing Strategy! 1.You’ll Get Top Dollar For Your Home A ‘Total Market Overview’ is the ONLY objective way to determine a proper pricing strategy that leads to a sale. 2.Agents Mobilized to Sell Your Home Agents will want to show your home to their best home buyers since it is priced at the current market value range. 3.By Comparison To Other Homes Currently For Sale, Your Home Is The Best Value… These days home buyers are keenly aware of market values. When they see that your home is properly priced there is a tendency to act fast as to not miss out. A Total Market Overview positions your home as the best value currently available. This will maximize our professional marketing strategies and get your home SOLD! 1.You’ll Get Top Dollar For Your Home A ‘Total Market Overview’ is the ONLY objective way to determine a proper pricing strategy that leads to a sale. 2.Agents Mobilized to Sell Your Home Agents will want to show your home to their best home buyers since it is priced at the current market value range. 3.By Comparison To Other Homes Currently For Sale, Your Home Is The Best Value… These days home buyers are keenly aware of market values. When they see that your home is properly priced there is a tendency to act fast as to not miss out. A Total Market Overview positions your home as the best value currently available. This will maximize our professional marketing strategies and get your home SOLD!