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Maximize Profits By Pricing Your Home Right!Neeraj Varma Setting a price is probably THE most important decision you will make when selling your house. A solid pricing strategy will sell your house quickly and for the most money possible. The following will help you get set the RIGHT price: 1. Know the market: First go through the Internet or the local newspaper and find out how much houses are selling for in your area. Next phone a realtor and make a deal so she gives you the actual selling price of houses in your area. The actual selling price is a better indicator of what your house is worth rather than the price of unsold houses. If you intend on selling your house on your own, let the realtor know up front. If you do a good job on the marketing, you will get lots of people coming through your house for viewings. Let the realtor know that you will refer those people to her in exchange for the help. Knowing what price houses are listed for vs. what they are actually selling for, will help you formulate a good negotiation strategy. Look at the actual listed and selling prices for the past six months within a mile of your house. Make adjustments based on their features to come up with a price for your own house. Your realtor can help with this. 2. Dont over-price! People often feel their house should be worth more because they have fixed things up, customized certain features or greatly improved the appearance. Unfortunately, your competition has also done similar things. For example, you may have done a fantastic job on the porch in the back yard, but a buyer may consider one porch the same as another. She may not want to pay extra money for yours, even though you have done a better job. If your price is too high compared to SIMILAR houses, your house will just sit there and not sell. You will get more anxious as the weeks roll by. In the end you may take a lower price than you need to, just because you are tired of the whole thing. Buyers often ask how long your house has been on the market. If it has been too long, they will assume there is something wrong with the house. You will start getting offers lower than market value. People will think that you would be desperate to sell because it has been so long. If a house sits on the market too long, it gets tainted with seeming to be of poor quality. 3. Dont under-price your house. Most people dont understand the true value of the improvements they have done over the years. You may be sitting on a goldmine. Simple fix ups like re- painting or cleaning up a spare room may increase the value more than you think. For information on the most profitable repairs and renovations go to: http://netman-ecommerce-guru.com/fix-up 4. Dont go by the City tax assessment notice. In a market where prices are generally increasing, there can be a substantial difference between what the City thinks your house is worth and its real value. The best thing to do is to hire an appraiser to do a formal appraisal. If the buyer tries to get the price down you can show him the appraisal as an objective analysis of how much your house should sell for. Spending a couple hundred dollars on an appraisal may save you thousands in return. 5. Dont take the realtors evaluation or the appraisers analysis the TRUTH. These are just guidelines. A good marketing plan can net you several thousands of dollars more than people may think. You can get detailed information on marketing your home: http://netman-ecommerce-guru.com/home-selling-secrets
| | | | RELATED ARTICLES How Creditors Measure Your Credit Rating Creditors will measure your credit rating based on the following three main things.CapacityCollateralCharacter The Pros and Cons Of Debt Consolidation Loans You are swimming in debt. You have 4 credit cards maxed out, a car loan, a consumer loan, and a house payment. Simply making the minimum payments is causing your distress and certainly not getting you out of debt. What should you do Should you choose to refinance Refinancing has become a valid option for many individuals with high interest rates on their mortgage. Refinancing is essentially a replacement loan, with a different lender and hopefully a lower interest rate. Understanding Real Estate Terminology Purchasing a home can be a complicated and confusing process, especially for first-time buyers.Throughout the process, first-time home buyers will encounter a variety of unfamiliar real state terms. 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The 21st Century Way To Build Equity Here to stay and firmly established in the U.S. mortgage market, biweekly mortgage payments are gaining momentum. First introduced into the U.S. in the early 1980s by several small Northeastern Banks, the idea of biweekly mortgages has its origins in Canada. Tips on Getting Your Mortgage Loan Approved What is important to lenders Plaintiff Funding Plaintiff Funding is a controversial new finance area in which a plaintiff secures funding based strictly on the potential financial recovery from his or her pending legal claim.Similar to securing a mortgage against your home, a plaintiff can receive a cash advance against the potential future proceeds from a legal claim.There are no income or employment verifications and if the legal claim has no financial recovery, then the plaintiff is NOT obligated to repay the money. Debt Relief From Debt Consolidation If you are up to your neck in debt, there may seem like there is no relief in sight. In fact this is not necessarily the truth. There are ways to take all of your stifling bills and roll them up into one neat package by using debt consolidation in two very popular forms Home Equity Loans, Refinancing Loans, and a Consolidation Credit Card. All of these instruments provide the debtor with one thing “relief” from the current debt by shrinking it down to a single manageable debt. Google Adwords – Online Riches Without Owning A Website Or Product! Did you know that you can make money from Google Adwords without having a product to sell, or even a website Why You Need a Home Loan Countrywide Loan From a small office in 1969, home loan countrywide has achieved recognition among consumers and investors as one of Americas leading home finance companies. Evidence of growth and industry leadership is home loan countrywides inclusion in the S&P 500, Forbes 500 and Fortune 500. Home loan countrywide began with a vision - to make the dream of homeownership accessible to everyone. 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Comparing The True Cost Of Obtaining A Home Loan Home buyers are often confused about where to begin in their search for a home loan.The process is usually narrowed down to finding which institutions provide the lowest settlement costs, but the different types of lending institutions and the variety of lending programs available can make the search a slow, difficult experience. Tax Reform, My Way We need real tax reform and we need it now. Previous attempts have been made at tax reform, but they have only provided band-aid solutions that have still left us with too many quirks, complication, and read tape. There are several things Congress could do to simply the tax system and benefit the taxpayers and federal budget at the same time. Global Banking Forced to Favour the Customer Banks worldwide are offering more and more new services that help the customer understand and plan for their future. 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