Video: Critical Elements of a Real Estate Sale

Friday Oct 02nd, 2020


Critical Elements of a Real Estate Sale

Several factors can have a major impact on how long your home stays on the market and what its eventual sale price might be.

The listing price is probably the most important factor. You don’t want to overprice or underprice the home. Market value will be determined by how much a buyer is willing to pay.

The property’s location is something potential buyers will definitely consider. How convenient is the property to schools, shopping, services and area amenities buyers are looking for?

Local market conditions also play a role. Know how quickly homes in the area are selling and whether area prices are increasing or declining.

Dazzle buyers by brightening up your home and making it sparkle. Remember, buyers are most attracted to clean, well-maintained homes.

Lastly, keep in mind that contract terms can make or break a sale. Be very clear about inspection dates, closing dates, mortgage approval contingencies, seller disclosures, and what fixtures are to be included.

Focus on these factors while your REALTOR focuses on marketing your home, and you should be well on your way to a positive outcome!

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