finance centerbiznews
Rabu, 18 Februari 2009
Tips For Using Real Estate Comps to Get Your House Sold
Selling your home can be an exhausting and difficult task, especially if you are not prepared. There are a few simple things that you can do and work with your realtor to get your house sold. Real estate comps, or MLS sheets will help you compare your home to your competition.


Make sure you home is listed on the MLS. Your listing should include anything that you may think is important that a buyer would want to know. Some of these things include square footage, bedrooms, baths, and several photos showing the inside and the outside of your home.

Find listings on homes in your neighborhood to compare. This will give you a good indication of what your asking price should be. You do not want to be much higher or lower than your competition, because you could either lose money or a sale.

See how long the comparable homes on the market have been on for sale. If they have been on the market for quite some time, try and figure out why. Do you think that they are asking too much? Try to find out what they are doing wrong so that you can avoid it when selling your house.

Make sure your home has updated photos. A lot of times when you see homes on the market for quite some time, they may have snow in the picture when it hasn’t snowed in months. This is a red flag that they are not doing enough to sell their house, and that their home has been on the market for quite some time.

Showcase your home online. You also have the option with your realtor to showcase it on many websites. If you have the time to work with your realtor on showcasing your home, you will have a lot more exposure. You can do this with a lot of pictures, or even some videos of areas of your home you want to show off.

If you have the time to use real estate comps in the area to get your home sold, you can benefit greatly. Your home will most likely sell faster than area homes, as well as probably for a better price. You will feel less stressed and can also build a relationship with your realtor.

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posted by centerbiznews @ 14.08  
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