Selling Tips Pre-Market

Condition Rating Before coming up with a listing price, you need to grade the condition in which your home is in. What important updates/renovations have you made, if any? Has your home been well maintained over the years? How old is it? Are there any big ticket items ( see our article ) that need addressed? Real estate appraisers will rate the condition from C1-C6, so take a look at our guide below to see where your home falls. C1 New Construction and has not been previously

Before coming up with a listing price, it’s important to know the true condition of your home. What repairs do you need to make? What repairs should you make? How much will this all cost? Is it worth putting money in or selling “as is”? Big Ticket Items To stay in a strong negotiating position, you’ll want to make sure that you have these essential items updated, relatively. It’s likely that buyers will negotiate for a sizable credit to replace these items.. or even walk away

Pricing your home based on comparable homes sold After you’ve rated your home’s condition ( Using Our Guide ), the next step is to compare with sold homes that are similar to yours, then make positive and/or negative adjustments accordingly. These homes are what we in the industry like to call “comparables” or “comps”. What is a comparable home? The FIRST thing real estate appraisers and realtors will look at are the comparables. These comps should be: 1. Close in Distance –