|
|
|
Design Psychology for Home Staging
How does Design Psychology help stage your home for a top-dollar sale? Beyond the usual de-cluttering and super cleaning, you stage your home with suggested activities that speak to your buyers' feelings.
A new service for home...
Modular Homes - Affordable Housing
With soaring real estate prices, many Americans are looking to alternative home options. Modular homes are one of the popular affordable housing options.
Modular Homes
Modular homes represent almost 8% of all new U.S. home sales, with nearly...
Renting A House
Renting a house or a room in your home is a great business that millions of people take advantage of to make some extra cash. While many people rent houses each year, not all of them are successful. Renting a house can be profitable and rewarding...
The Surest Way to Happy Customers!
Happy New Year! Here I sit on the first workday of the year. The office is not yet open and the phone has not yet rung. I love this time of year. Nothing yet accomplished, and no mistakes yet made. It is a wonderful time to reflect on the year that...
The Value of Concrete Countertops
The Value of Concrete Countertops Customization Increases
Aesthetic Appeal and Real Estate Investment for Homeowners
STEAMBOAT SPRINGS, CO--From top-dollar homes in the San
Francisco Bay Area to sprawling mountain homes in the...
|
|
| |
|
|
|
|
|
|
Determining Your Offer Price
After weeks of seeing homes for sale, you've finally found the house you want to buy. If you are thinking of making an offer, don’t be too anxious or act hastily. Taking your time to carefully study the house as well as the environment before determining your offer price, will result in a better price for your house.
As soon as you have found your dream home, let the sellers know they'll be receiving your offer shortly. Then, determine your offer price carefully.
Initially, you’ll need to know about market conditions, so, the first step will include looking at recent sales of similar properties to come up with a price range. When you are making comparison of properties in terms of sales, be specific and compare those houses that are similar in square footage, number of bedrooms and bathrooms, garage space, lot size, and type of construction. These market conditions are external to the property, yet cannot be ignored because it has the ability to greatly influence your offering price.
After knowing the comparable sales that structure the market condition, start to evaluate the property itself and compare it with the other houses in the environment. Property specific considerations means you should examine the house in terms of the feature it offers, namely the number of bedrooms, bathrooms, square feet, lot size, and many more.
To get the exact data regarding the comparison, both in terms of sales and in terms of property features, you should use a Comparative Market Analysis (CMA). The CMA is a tool designed
to compare the subject property with other similar properties in the neighborhood. A well-prepared CMA is critical in helping you to settle on a price you think would be fair to pay for the home.
Consult your real estate agent about CMA. A CMA form usually includes:
-Listing Date
-Listing Price
-Listing Expiration Date
-Sale Price
-Sale Date
-Number of Days on the Market.
The CMA would not only include homes currently for sale or sold but also those houses which were listed but didn't sell.
In performing the assessment, it is recommended that you seek professional help to determine the value of the house. You would then establish an offer price based on the comparables and the assessment. The rest is negotiable from that point on because the final price would depend on your negotiating style!
Good luck in getting your new home, at the price you want.
About the Author: Florin Copaceanu is a Real Estate Agent in New Market, VA. He has a passion for helping people find the best place to call home, and always goes the extra mile. Visit him at http://www.yourvirginiahome.com/ For more articles by Florin, visit http://www.free-content-resource.com/
Source: www.isnare.com
|
|
|
|
|
| Real Estate, Property, Land and Homes for Sale, lease and rent ... |
| Comprehensive real estate and property listings. Includes information on buying and selling, tips on building, an auction timetable and other helpful ... |
| www.realestate.com.au |
|
| Real Estate | Homes for Sale | Houses for Sale | MLS Listings ... |
| RealEstate.com provides home listings , homes for sale , REALTORS , house listings , apartment locating services. We have Florida real estate , Texas ... |
| www.realestate.com |
|
| REALTOR.com: Real estate listings & homes for sale |
| Search for a new home or find mortgage rates, real estate agents, and relocation services throughout the US, Canada, and Puerto Rico. |
| www.realtor.com |
|
| Real Estate on Yahoo! Real Estate - Homes, Mortgage Rates, School ... |
| Yahoo! Real Estate is the most comprehensive place for real estate, housing market information, school reports, local mortgage rates and more! |
| realestate.yahoo.com |
|
| Find Your Home Value, House Values and Prices on Yahoo! Real Estate |
| Yahoo! Real Estate - Free instant home values and comparable home valuations for millions of houses. Check your home's price or any house value. |
| realestate.yahoo.com |
|
| Real Estate, Houses for Sale, Rentals, Commercial and Businesses ... |
| Real Estate, Houses for Sale, Rentals, Commercial and Businesses for sale at Realestate.co.nz. |
| www.realestate.co.nz |
|
| Real Estate - Buy, Sell or Rent a Home - New York Times |
| Online real estate listings for properties in New York and nationwide. |
| www.nytimes.com |
|
| Century 21 Real Estate Agents and Brokers |
| Agency with franchised offices throughout the United States, Canada, Europe, Latin America, the Middle East and Asia. Find local offices and agents, ... |
| century21.com |
|
| Zillow - Your Edge in Real Estate |
| Zillow provides a free Home Valuation Tool for Real Estate enthusiasts. Whether you're an agent, broker, buyer of investment property or first time ... |
| www.zillow.com |
|
| STLtoday - Homes |
| Real estate agent revels in the boom in downtown St. Louis living ... [more real estate news as seen in the St. Louis Post-Dispatch] ... |
| www.stltoday.com |
|
| Real estate - Boston.com |
| Boston Real Estate - Search the Boston Globe and Boston.com for Massachusetts Real Estate, Boston Condos, Land for sale, Vacation Rentals and more. |
| www.boston.com |
|
| ABCs of Real Estate |
| Real Estate ABCs consumer tips, hints, and resources for home buyers, sellers, and mortgage borrowers. |
| www.realestateabc.com |
|
| washingtonpost.com - Washington DC real estate, Maryland real ... |
| Washington, DC, Virginia and Maryland homes, real estate news and headlines. [Registration required] |
| www.washingtonpost.com |
|
| Coldwell Banker Real Estate Corporation |
| Real Estate from Coldwell Banker ®. Buying a home, selling a home, or finding a real estate agent is easy with Coldwell Banker. Find a home, sales associate ... |
| www.coldwellbanker.com |
|
| Detroit News Online | Real-Estate |
| Sellers around the state have been frustrated with the slow sales patterns of Michigan real estate over the past year or two. But buyers have been enjoying ... |
| www.detnews.com |
|
| Newsday.com - Long Island Real Estate for Nassau County and ... |
| In a real estate market increasingly defined by niches, ... Real Estate Resources. Search by school district for recent home sales in Nassau and Suffolk ... |
| www.newsday.com |
|
| Real Estate for Sale, Rent and Share @ Domain.com.au |
| Real Estate for Sale, Rent and Share @ Domain.com.au. Houses and apartments for sale or rent all over Australia. Thousands of properties in Sydney, ... |
| www.domain.com.au |
|
| Luxury real estate news and features - Forbes.com |
| Luxury real estate news and features at Forbes.com. Core topics include real estate, mansions, condos, co ops, oceanfront realty, second homes, ... |
| www.forbes.com |
|
| Real Estate News - Prices, Mortgages, and Calculators from CNNMoney |
| Latest on mortgages, refinancing, & home tips from CNNMoney.com. Calculators for refinancing, mortgage payments and more. |
| money.cnn.com |
|
| Los Angeles, California, national and world news, jobs, real ... |
| Los Angeles' leading online source for local, state, national, world, entertainment, and sports news. Plus jobs, real estate, cars and shopping information ... |
| www.latimes.com |
|
|