Rene David Martinez - INSIDER HOME SELLING TIPS

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Home Preparation for Sale Analysis

Determining what items to do or not to do to the home prior to putting your home on the market will have a big impact on the home seller net proceeds. A thorough home prep for sale analysis should be done to determine what makes sense to do or not do to increase the odds of the home seller selling the home quicker and receiving higher net proceeds. Ideally home inspections will be done in time to aid in the home prep analysis report. Market conditions, time to do the home prep items and estimated return on investment are the primary items to consider when deciding which improvements should be done before going on the market. The goal is to present the home well and at the same keeping in mind the return on investment with regards to improvements.

Positioning the Home for Sale

Market conditions are constantly changing; therefore, home sellers may have to adjust to changing market conditions. When determining the list price, a close look at the current market conditions and recent market sales in your area is a must. Are prices trending up or down? How fast are comparable listings in your area selling? The day that you put your home on the market you need to know what other comparable properties to your property that buyers will be considering. You need to position your property so that buyers will strongly consider your property over the other homes on the market without underpricing your listing.

Sales Price

Ultimately the sales price will be determined by an agreement between the buyer and the seller. Of course, sellers are typically trying to get the highest possible price with favorable terms and

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