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Fort Worth Texas Homes

How to Sell DFW Homes

 
Home Sellers

Time to Sell a Home?

Location First

As the old cliché goes, "location, location, location"...  this is a decisive factor when selling a home. Buyers are looking for the best house in the best location for the lowest possible price in their price-range. One ideal general location would be homes near a blend of good schools, safe neighborhoods, attractive surroundings, nearby shopping, restaurants, services, and quiet streets without heavy traffic. Many buyers search for areas based mostly on school districts. Other buyers search for homes in newer, attractive, quiet neighborhoods with great access to shopping etc. These specific details are part of a home's neighborhood location. Within that neighborhood, the home may be located at the top of the hill -- or maybe it sits on a corner lot or perhaps near the fairway of a golf course.  In contrast, it could be next to a busy street. This location is the home's exact location.  Since the exact location of each house is fixed, sellers must choose the best strategy to help them compete with the other homes that are for sale in their area. The key, is to offer the best overall package of location, condition, features & price.

Competition

There are other fish in the sea!  Your home won't be the only one for sale in the area. Buyers will compare your home's location, condition, features and price with other available homes. The best overall "package", as they see it, will win an offer. The overall market picture will also change day by day. Some homes will sell ... others will come onto the market. As your agent, I'll keep you informed of this activity and make suggestions on adjustments you might want to consider as needed. The asking prices of other similar homes in the area, will effect the price you can get for your home.

Home For Sale
Price

When selling a home, you'll have to decide on the price you're going to ask. This is one of the most important decisions you'll make and it will effect your outcome considerably!  This is the main area where you can adjust to compete with the other available houses. Buyers are more informed now than ever before. They're almost ALWAYS working with a real estate agent who KNOWS if your house is properly priced.  Buyers themselves also do comparison-shopping. They will not pay more for a house than it's worth. Your home will need a fair market price in order for it to sell. I can help you determine the "fair market value" of your home and still help you receive the most money for your property. Consider this when choosing your asking price:

  • What have similar homes in the area sold for?
  • What is the age and condition of your home?
  • Does it need updating, new carpet or repairs?
  • Are there a lot of homes for sale in your area?
  • Have homes in the area been increasing in value?

    Market Value - Continued on: [Page 2]

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