YOUR HOME FREE
Everyone want the best possible price and terms when selling and selling houses. Several factors, including market conditions and interest rates, will determine how much you can get for your home. The idea is to get the maximum price and the best terms during the window of time when your home is on the market.
In other words, buying and selling houses is part science, part marketing, part negotiation and part art. Unlike math where 2 + 2 always equals 4, in Dallas real estate there is no certain conclusion. All transactions are different, and because of this, you should do as much as possible to prepare your home for sale and engage the REALTOR® you feel is best able to sell your home.
What is Your Home or Prospective Home Actually Worth?
What homes are worth boils down to “what the market says it’s worth.” A home “value” also depends on who you ask: there’s the price owners would like to get, the price buyers would like to offer and the point of agreement between buyer and seller that actually results in a sale.
In considering home values, several factors are important:
How Do You Set a Listing Price?
Because all transactions are unique there is price flexibility in the marketplace. The amount of flexibility depends on local conditions.
For example: you’re selling a townhouse and there have been five recent sales of the same model townhouse and prices ranged from $200,000 to $210,000. You now have an idea of how your home might be priced. In a strong market perhaps you can ask for $210,000 or a little more. If the market has slowed, $210,000 may be a reasonable asking price, but perhaps more than you could get for a final sale price.
Here’s another scenario: you live in a community of Victorian-style homes, most of which were built in the 1920s. All the homes are different in terms of size, condition, modernization, style and features. In such a neighborhood, an average sale price is just a statistic without much practical meaning. On a single block one home may sell for $400,000 while another is priced at more than $1 million. The average price may be outrageously high for one home and staggeringly low for another.
Knowing what listing price to set for your home can be difficult. That is why it is valuable to work with a REALTOR®. Because experienced REALTORS® have handled many transactions, they’re familiar with the terms and conditions that go into buying and selling houses, not just published sale prices that may not reflect various premiums, discounts, terms, conditions and adjustments. And, importantly, REALTORS® know of the latest sale prices among competing houses and can offer that information to the home seller.
Could not have been more pleased with Your Home Free! They provided personable and professional service throughout our home selling/buying process. The attention to details and the confidence that we had in the whole team made the process so much easier! They exceeded our expectations. Highly recommend!
The Nelson Team was GREAT !!!! They sold our house in less than 24 hours. The first offer did not work as the buyer chose a different house but the second offer was even better. It saved us over $2000. We are loving our new house.
Team Nelson is a fantastic group of realtors who have a very organized system that coordinates each step of the way. There is always someone available to keep things moving along. They looked out for my best interests and made sure all of our ducks were in a row. This was my 2nd experience with...
Team Nelson was great to work with from start to finish. We used Team Nelson to sell our house and help negotiate the purchase of our new home. They did a fantastic job on both transactions and saved us a ton of money! Bill and team were very knowledgeable, professional, expeditious, and friendly. Would highly recommend Team Nelson if you are in the market to buy, sell or both.
Team Nelson was successful in assisting with the sale of our current home as well as the purchase of a new home. Everything went very smooth.
This group of top-notch professionals did us a SUPER job!! I highly recommend this "Team" to work for you to help buy and/or sell your home. They were in constant communication with us and were very helpful recommending contractors to us to complete our "to-do" list prior to closing. They worked...