Monday, December 14, 2009

Selling Tips for the San Fernando Valley

The best chance for selling your property is within the first seven weeks. Studies show that the longer a property stays on the market, the less the seller will net. Listed below are the five main factors to accomplishing this goal.

Pricing Factor: It is very important to price your property in the San Fernando Valley at a competitive market value right when you list it. The market is so competitive that even over-pricing by a few thousand dollars could mean that your house will not sell. Exampe: Instead of listing your home at $310,000, price the home at $299,000.  It's interesting, but your first offer is usually your best offer. Here are reasons for pricing your property at the market value right from the start in order to net you the most amount of money in the shortest amount of time.

An overpriced home:

Minimizes offers

Lowers showings

Lowers agent response

Limits financing

Limits qualified buyers

Nets less for the seller

*New for 2009 & 2010 - Won't get appraised!

Access Factor - VERY IMPORTANT!!!

Top selling agents will not show your home if both the key and access are not readily available. They do not have time to run around town all day picking up and dropping off keys. They want to sell homes.  The harder you make it for an agent to view your home, the less you will net. 

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