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Five Reasons A Property Sells
- Location
- Price
- Terms
- Condition of property
- The agent you select
You control four of these!
A Comparative Market Analysis (CMA) is essential in determining
the fair market value of residential property. Fair
market value is defined as "the price a ready, willing and
able buyer will pay in a reasonable time." Location
and characteristics are also key elements
in determining value. A CMA, also called a competitive market analysis,
takes into consideration similar properties in your neighborhood or area
which have sold in the last six
months, comparing each against the "subject property," i.e.
your home, ranch, land or condominium. The number of comparable properties
currently on the market and in direct competition with yours also influences
the sales price of yours.
The CMA determines a realistic range
in which your home should sell given reasonable time. With this information,
you can decide on an offering price that will achieve your goals and be
realistic at the same time. The more your asking price exceeds the
CMA value range, the longer your property will stay on the market. The
educated market place will overlook it as being over priced. Our
goal is to help you price it right so that you will achieve the highest
possible price in the shortest amount of time.
The following are a few things to keep in mind about pricing:
- Realistic pricing will achieve maximum
price in a reasonable time.
- Your cost of improvements and/or profit desire is
irrelevant; the market always determines
the price.
- Cost of improvements are almost always more than added value.
- Property that remains on the market for a long time becomes "shop
worn."
- A house that is priced right from the beginning
achieves highest proceeds.
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- If the initial reaction is a turn-off, buyers may not want
to go any further. Make sure the front door and surrounding area
are "spruced up" and have that well cared
for look. Some fresh paint may be in order. Manicure
the yard.
- Three's a Crowd. Potential purchasers
need to feel the freedom to examine closets, etc. If you're home, they're
intimidated. Not only will they probably speed up their tour, not really
seeing everything, but also, they'll hesitate to give their real objections
if anyÑobjections the agent can address. Be
gone or at least step outside.
- Many purchasers are allergic to pets
or become turned off by pet odors that linger. Remove their bedding,
food dishes and litter boxes during showings if possible. A professional
carpet cleaning may even be in order. If possible, keep dogs and cats
out of the house while your home is on the market. Some buyers and even
agents are afraid of dogsÑespecially small ones.
- Painting the interior is the best investment
a seller can make. The fresh clean appearance created a positive feeling.
Use a neutral, like white; no yellows please.
- Floors and faucets that squeak and leak imply things are "falling
apart" to buyers and send up big "red flags."
These are generally easy to repair, so do it now.
- Store lawnmowers, hoses, vacuum cleaners, rakes, tools and ironing
boards. Accent fun and pleasant things like toys,
stereos and good views.
- Over crowded rooms and closets give the feeling that the house is
too small. You're moving, so why not start packing
now and move items not used into the attic. Too many "what-nots,"
pictures on walls or collectibles prevent full appreciation of the home.
"Too busy" is overwhelming to the average person trying to look at the
space.
- Turn all lights on, open all the blinds and
draw the drapes. Dark rooms create a drab feeling, whereas light
and bright is pleasant and inviting. Seasonally, light the fireplace.
Turn on soft music. Bake cookies just before the showing. Create
an inviting, stay longer, "feels like home" atmosphere.
- Purchasers want to move into a home that is clean
and well cared for inside and out. Have
windows washed. Check outside for areas that may be molded. Pressure
washing is cheap and can make things look new again.
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- Proven, 20+-year record of successfully
marketing and selling homes, condominiums, land and income-producing
properties
- Top producer, achieving CRS status (held
by only 5% in the nation) and GRI (Graduate
REALTORS® Institute) and Active Life Membership in
the Athens, Georgia Board of REALTORS® Million Dollar Club
- Comprehensive advertising program includes newspapers
in San Marcos, Austin and Lockhart to name a few, direct
mail and Home Focus magazine.
We will use radio, television, The Wall Street
Journal, USA Today and
Preservation magazine when appropriate.
We also market your property to the world via our world-wide connections
and links on the Internet...via
www.austinhomesearch.com
and www.Realtor.com
- Member of the national relocation network
for Certified Residential Specialists (CRS)....the top 5% Realtors®
in the United States
- Many satisfied past customers and clients
have provided personal testimonials (clickable) available for your review
- Extensive on-going training and continuing
education
- Efficient, computerized Multiple Listing Service
(MLS) and up-to-the-minuteTexas Real Estate Commission promulgated computerized
contract forms
- 24-Hour Answering, Cell Phone, E-Mail & Fax
- In-house publishing, producing specialized marketing materials on
your property, such as full color fliers,
postcards, direct mail pieces
- Our personal commitment to excellence in all areas of the real estate
business, providing fair business dealings, honesty
and integrity to all
Services You Will Receive...
- We will help you determine the best marketing
price for your property in order to meet your
needs for timing, convenience & pricing.
- We will advise you of what to do to get your property in salable condition
and recommend reputable repair companies if necessary.
- We will develop a "strategy" to show
and market your home.
- Within 24 hours, we will enter your property in the computerized area
Multiple List Service (MLS), making it available to 125+
other licensed agents in San Marcos and Wimberley and
their buyers. We will also enter it in the Austin
MLS with over 4,000 agents.
- We will implement the enclosed marketing plan fully.
- We will provide you with feedback
by fax, email or phone on all showings as soon as possible, so that
you will be informed with the comments and progress in the sale of your
home.
- We will keep you abreast of changes in the market
climate, i.e, rates and competition.
- We will present all offers to you promptly,
assist in evaluating them and follow your contract through to closing!
- We will coordinate and monitor the closing process,
advising you of any events that may create complications and follow
through to see that they are properly resolved.
- We will stay in contact with the buyer (or selling agent) and their
lender, if any, to make sure deadlines are met
and all parts of the transaction, such as loan approval, are proceeding
smoothly.
- We will be present at closing to assure
it is a SUCCESS!!!
Additional Specific Services You Will Receive...
- We will advertise your property in Home
Focus magazine with a full color photo.
Your property will also appear in the San Marcos Daily Record
as a classified ad under the real estate section. These ads will run
periodically until it sells. Based on location and price, your property
may also be advertised in the Lockhart Post Register or the Texas Hill
Country Express.
- We will advertise your property in the Austin American-Statesman
real estate supplement that appears on Sundays. The ad will be in the
form of a classified which also appears on the Internet at www.austinhomesearch.com
and www.austinclassifieds.com for a week.
- Part of the strategy to show your home often includes "tent"
cards strategically placed throughout the home to point out features
that buyers and other agents may not be aware of immediately.
- If determined location merits it, your property will also be placed
in the New Braunfels and Seguin Multiple Listing Services.*
- We will place and maintain place a for sale
sign in front of the home and when appropriate, directional
sign(s) to your street. The yard sign will include an info
box for color flyers.
- We will personally distribute color flyers
on your property to other area real estate firms with an invitation
to show and co-broker the sale of your property.
- We will schedule and host an Open House
for fellow REALTORS® inviting them to preview your home and have
lunch. The REALTORS® will be encouraged to look closely at the property
and fill out a critique sheet for you, the owners.
- We will give you feedback on each showing
so we can determine if there is anything we can do to handle a buyerÕs
objection.
- We agree to listen to you and try anything
within reason to sell your home.
*New Braunfels and Seguin Boards of Realtors® have access the
San Marcos Board of Realtors® MLS as part of our tri-county agreement.
There are some San Antonio Realtor® members in New Braunfels and some
Austin in the San Marcos MLS.
In Conclusion...
You should choose Ronda A. Reagan Properties
because:
- We will provide you with excellent service and support.
- We can make a thorough market analysis of your home researching the
comparable sales and competition on the market now.
- We can developed a winning marketing plan for your home highlighting
its best points.
- We will make every effort to SELL
your home promptly.
- We have the many resources of
Ronda A. Reagan Properties,
Inc.
Let us go to work for you TODAY!
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