Paul T Cody

REAL ESTATE UPDATE

  OFFERS AND NEGOTIATIONS

Whether buying or selling a home, one activity will be part of the process in all cases and for all involved. Let's look at the offer to purchase contract and negotiation process from both sides. When your clients are close to an offer, generally the first thing buyers ask a real estate sales representative is how low can they go in the local market without insulting the seller(s).

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HOME VALUES

Home value sometimes referred to as "Value in Use", is best described as the probable price at which a home trades in a free, competitive, and open market and is synonymous with the market value. market value: Market value is the highest price in terms of money, that the property will bring to a willing seller if exposed for sale on the open market; allowing a reasonable time to find a willing buyer, buying with the knowledge of all the uses to which it is adapted and for which it can be legally used, and with neither buyer or seller acting under necessity, compulsion nor peculiar and special circumstances. subjective value/objective: Subjective value exists in the minds of the potential buyers and seller.

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STAGING… FOR A FASTER SALE AND HIGHER PRICE

There are many television shows today that focus on home staging. If you have not watched any, do yourself a favor and tune in. They all say the same thing: do not even consider putting your house on the market until you have taken a close look at its condition.

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HOW REAL ESTATE MARKET CONDITIONS AFFECT YOUR OFFER PRICE

A hot market is a "seller’s market". During a seller's market, properties can sell within a few days of being listed and there are often multiple offers. Sometimes homes even sell above the asking price.

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SELLING YOUR HOME - WHEN IS THE RIGHT TIME?

When should I sell my home? Your answer to this question might be right now! If you have taken a job in another city or made an offer on a new home, or had an addition to your family, selling your home fast might be the most important goal you have. Most people, however, have some flexibility when they sell their home.

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