The Perception of Value Has Changed
Starting off at the right price is even more important now, because price is the most important component of the perception of value. Gone are the days when you could just add five or ten grand to the price that your neighbor down the street sold for. There are some great bargains out there right now, and buyers are well aware of this fact. Today’s home buyers need to feel secure that they are getting value for their money.
Because we are in a buyer’s market and buyers are concerned about value, starting the listing with the right price is the single most important component of a successful sale in today’s market.
What are the Financial Consequences of Selling Now?
In other words, how much cash will you walk away from the closing table with? Will you need to bring money to the closing table? In order to answer, you need to know three things:
- What is the amount owed on your mortgage?
- What are the costs involved with selling your home?
- How much can your house be sold for?
The first two questions can be estimated fairly easily. Your last mortgage statement should give you a reasonable estimate for the amount owed on the mortgage (unless there is a prepayment penalty). A reasonable estimate for closing costs (including excise tax, title and escrow, recording fees, and commissions) would be around 8-9% of the selling price.
The last question, the current market value of your home, is our specialty.
Realistic Market Assessment, Absolutely Free
At Independence Real Estate, we take pride in providing professional and honest assessments of your situation. We will help you pinpoint the market value of your home, and give you a detailed estimate of closing costs and net proceeds. We will tell it to you exactly like it is, with no sugar coating. Our market analyses are based upon statistics, facts, and logic… Not hype! We don’t make unrealistic promises about how much money you will get just so you will sign a listing contract.
We prefer to work with clients who have realistic expectations. We want you to be fully informed, so that you can make the decisions that are right for you.
We’re very excited to have the opportunity to help you find out whether you can successfully sell your home in today’s market. This service is absolutely free, and you are under no obligation to work with us at all.
To find out whether you can successfully sell your home in today’s market, please fill out the following information and we will contact you as soon as possible. You can also call us at 866-559-8546.