Skip to main content

5 tips for selling your home for the best price from Eugene Oregon's top Realtor Justin Thayer of Team Thayer

1. STUDY THE MARKET
Most homeowners enlist the services of a real estate agent to market their home and perform a variety of tasks, including reaching out to a network of buyers' agents, preparing the home for viewing and dealing directly with prospective buyers.
That shouldn't preclude sellers from being knowledgeable about the process, however.
"The most important thing in pricing and getting your house sold fast is to do your homework," said Michael Corbett, a real estate expert at Trulia, a housing information and listing website.
Trulia and other online real estate sites, such as Redfin.com andZillow.com feature searchable maps and home sales data.
Look up what similar homes have sold for in the last 30 to 60 days and how long they've been on the market. You can also see whether those homes sold for less or more than their initial asking price.
2. BE PATIENT
Some sellers may be tempted to press their agent to list their home well above comparable sales. Others may want to briefly test the market with a high price only to relist the home later. This strategy usually backfires!
"Ideally your goal is to price it perfectly so that it sells immediately," Corbett said. "The longer a property stays on the market, the more it becomes stale, and it's very hard to garner momentum once a property is stale."
3. SET A DEADLINE
One strategy that can help create competing bids among potential buyers is to require that any offers be made within the first week or two that the home is on the market.
The approach, coupled with hosting an open house as soon as the home goes on sale, works best on homes that are priced competitively, said Justin Thayer of Team Thayer.com
"That's a strategy where you can certainly try to get as many offers as quickly as possible," he said.
4. STICK WITH LOCAL AGENTS
When it comes to selling your home, the ideal agent should be an expert on your neighborhood. They will be in position to know even which transactions might be in the works but not yet available on public records -- key to gauging how to price your home.
When evaluating prospective agents, find out the pricing of their recent sales to see whether the homes sold for less or more than initially priced.
"You want to get their track record, you want to understand their philosophy and what that listing agent has done in the past, because it's highly likely they're going to repeat that same success or failure," Krupsaw said.
Also, ask how the agent would handle being approached by an independent buyer looking for the agent to represent them in their bid to buy your home.
Taking on a so-called unrepresented buyer can earn the agent a higher commission, but it's nearly impossible for them to only consider your best interests and not those of the other party, Krupsaw noted.

5. WEIGH COMMISSION OPTIONS
Traditionally, listing agents will charge sellers a 5 or 6 percent commission on the sale price of the home. This commission is typically split equally between the selling agent and the buyer's agent, although many listing agents often split their own share with their brokerage.
Sellers can negotiate for a lower commission, but it could make their home less of a priority for the agent than the other properties they may be working to sell.
Call Justin Thayer @ 541-543-7287 for the best technical homes sales advice in the  the United States.

www.teamthayer,com

Popular posts from this blog

UFC 227 play-by-play and live results #UFC #MMA #UFC227

LOS ANGELES – MMAjunkie is on scene and reporting live from today’s UFC 227 event, and you can join us for live play-by-play and official results beginning at 6:30 p.m. ET (3:30 p.m. PT). The event takes place at Staples Center in Los Angeles. The main card airs on pay-per-view following preliminary-card bouts on FX and UFC Fight Pass. In the main event, bantamweight champion T.J. Dillashaw (15-3 MMA, 11-3 UFC) rematches former champ and ex-teammate Cody Garbrandt (11-1 MMA, 6-1 UFC) for the title. In the co-feature, flyweight champion Demetrious Johnson (27-2-1 MMA, 15-1-1 UFC) has a rematch with Olympic gold medalist and former title challenger Henry Cejudo (12-2 MMA, 6-2 UFC). Follow along with our round-by-round updates and official results beginning at approximately 6:30 p.m. ET for the UFC Fight Pass prelims, 8 p.m. ET for the prelims on FX, and 10 p.m. ET for the main card on pay-per-view. To discuss the show, be sure to check out our  UFC 227 discussion thread...

First-Time Home Buyer Mortgage Risk Edge Up Team Thayer Real Estate news.

The first-time buyer share in April, May, and June was launched to new highs, supported by improvements in the labor market, riskier mortgage lending, and continuing low mortgage rates. The  American Enterprise Institute (AEI)  International Center on Housing Risk  recently released a  report , finding that first-time buyers account for 58.8 percent of primary owner-occupied home purchase mortgages with a government guarantee, up from 57.2 percent the prior June, according to the Agency First-Time Buyer Mortgage Share Index (FBMSI). The Combined FBMSI, which measures the share of first-time buyers for both government-guaranteed and private-sector mortgages reached an estimated 52.9 percent, up from 51.6 percent the prior June, according to the report. In addition, AEI determined that the Agency First-Time Buyer Mortgage Risk Index (FBMRI) stood at a series record of 15.83 percent, and increase of half of a percentage point from the average over the prio...

Team Thayer Real Estate House Flipping Traps! #flippinghouses #eugeneoregon #oregon #housing #market #realestate

If you’ve got several leads waiting to turn into potential deals, you can’t wait for one to suddenly come knocking at your door. Successful real estate house flippers have one trait in common: they place an emphasis on proper planning. Once you’ve secured a deal, you must decide what kind of rehab you will perform. Will you conduct a few simple cosmetic upgrades (like these  10 rehab projects you finish in one weekend )? Or, is the home nice enough to sell after  an easy prehab ? Are there structural damages that will require you to carry out more major renovations? Will you focus on implementing environmentally friendly renovations  – also known as “greenhabbing” – so that you  qualify for certain tax benefits ? Once you’ve determined your strategy, it is important to ask yourself these specific questions before diving into the construction action: What are the current market conditions in my area? What does my ideal buyer look like? Does my marketing cam...