SIX FACTORS IN GETTING YOUR HOUSE SOLD

There are only six factors that affect the sale of a home.

It is important for you, as the seller, to understand who or what has control over them and how they impact on each other.

·                   YOU control 3 of the 6

·                   THE MARKET controls 2 of the 6

·                   YOUR REALTOR control 1 of the 6

YOU CONTROL…

1.                 PRICE - You determine list price for your home. However, a list price above the market for homes similar to yours will impact negatively on buyer interest in making an offer. Your Realtor will review price history with you to assist you in making a list price determination.

2.                 TERMS - Buyers have requirements just as sellers do. Your willingness to respect them and be willing to negotiate which terms will be acceptable to both parties can have a very positive impact. Price and terms will usually be negotiated at the same time.

3.                 CONDITION – how well you have maintained the home will influence both your price and length of time to sell. The pool of buyers who are willing to make major repairs is much smaller than the pool of buyers who want a home that has been well maintained.

THE MARKET CONTROLS…

4.                 TIMING – Economic conditions operate independently of price, terms and property condition. Similarly, seasons and weather factors can affect the time it takes to sell a home.

5.                 COMPETITION – The number of homes on the market most certainly bears heavily on your ability to sell you home on a timely basis.

YOUR REALTOR CONTROLS…

6.       PROMOTION – From entry into the Multiple Listing System, to internet marketing and any other programs, your agent will have an impact on your home sale.

In conclusion, no one of the six factors alone controls the timely sale of your home. Your Agent should provide you with

·                   Feedback from prospects who have visited your home

·                   Changes in market conditions

Your willingness or ability to make adjustments in price, terms or condition based on the information provided, will be the final determinant as to how quickly your home will sell.

LOVELY BUNGALOW IN DESIREABLE NEIGHBOURHOOD OF UXBRIDGE!!

CLICK ON http://www.dianneolsson.com/ TO VIEW THIS PROPERTY!!

CENTURY STORE AND HOUSE LISTED @ $599,000

CLICK ON http://www.dianneolsson.com/ TO VIEW THIS AWESOME PROPERTY!!

THE SPRING MARKET IS HERE!!

When is Spring in Real Estate?
Good question. When you think of Spring, you think of April showers and May flowers. But in real estate, the spring Market is half over by then. Will you have missed your buyer if you list your house in April or May? Are you still going to get the best traffic, and therefore the best offers, through your house? Well, maybe. If you are thinking of putting your house up for sale in the Spring, you should think February.  Yes, February.  This seems to be the time when most people venture out of their houses, are settled back in after the holidays and are starting to get stir crazy. It's also a great time to start getting your house on the market for sale.

Why is February the best month to sell?
Think about it for a minute. These days, the real estate market is starting to slow down in many areas. Your house may take several months to sell. Most people want to find a house buy the end of June at the latest so that they can move over the summer when work loads are lighter and kids are not in school.  If you list your house in May and it takes a couple months to sell, you will find yourself in July and in a very quiet market. However, if you list your house in February and it takes a couple months to sell, you will find yourself in April, with a month or two left in the busiest real estate time of the year.

You have nothing to lose by listing your house in February. In fact, if prices are steady in your area, you can be sure that there will be many more houses for sale. It's a great idea to get a head start on some of the new listings that will be coming on the market for Spring, as you may find that you will get more money for your house. By getting your house on the market earlier than later, you have a better chance of selling your house, before the inventory picks up and more houses come on the market.

Don't Miss the Spring Real Estate Market
If you are targeting Spring market because you want to make the most out of the sale of your house, or if you are waiting for Spring to put your house on the market for sale, don't wait too long. You may just find out that the Spring real estate market has sprung without  

Awesome 25 Acre Property in Uxbridge, Ont. Listed @ $729,900

Click on link below to view this Lovely 4 Level Sidesplit on 25 Acres
 http://www.dianneolsson.com/

ROLE MODEL !!

You may not have a builder's budget, but that doesn't mean you can't apply the same strategies used in model homes to sell your own property.

NEUTRALIZE:    A model homes decor is never offensive. It's colours are very neutral and patterns are subdued to appeal to the greatest number of buyers. You should likewise strive for universeal appeal; repaint bold walls with soft, light tones; strip loud wallpaper. If you have a room with a theme - be it Hockey or Winnie the Pooh - get rid of it.

ZAP CLUTTER:   If you've ever toured a model home, you likely remember nothing was out of place or looked like it didn't belong. This is because builders want buyers to focus on the home itself, not what's inside. Therefore, you need to adopt a zero-tolerance policy on clutter. Ask a friend to come over and help  point out your problem areas.

DEPERSONALIZE:   You never see family photos, trophies, or other personal items in model homes, do  you? "Of course not", you're probably thinking "no one lives there". Model-home stagers know that buyers want to see their lives, not yours, when viewing your property. Keep this in mind when preparing your home for viewing.

LIGHTEN UP:   Model-home stagers pay a lot of attention to lighting design, which is important as it serves to highlight a home's architecture and make it appear larger. So keep your window coverings open to maximize natural light. Make sure all your fixtures are turned on and consider switching your bulbs for some with greater wattage.

Government changes effective March 18, 2011

Check this out....New Government Rules for Buyers, Sellers, Refinancing and Renewals!

GovRulesFacts.pdf

Ways to Create a New Look for your home under $50

 *    PAINT THE FRONT DOOR. You would be surprised at how much a bold, complimentary new door colour will liven up the curb appeal. A freshly painted door will add instant impact to the front of your house.

*     MAINTAIN YOUR YARD. A poorly maintained yard leaves the impression of a home in disrepair. Keep your lawn in good condition, remove any trash or items around your property and be sure to keep your gardens manicured.

*     ADD EXTERIOR DETAILS.  A nice new mailbox, or stylish address numbers, new light fixtures or colourful potted plants are great, inexpensive ways to give your home a welcoming new feel.

*     INSTALL NEW LIGHT SWITCHES AND OUTLETS. New switches and outlets can usually be replaced using the same wiring. New face plates can give the home a more updated look.

*     INSTALL NEW CABINET HANDLES. If you don't want to go through the expense of installing new cabinets, then go to your local Hardware Store and pick up some new replacement handles. It's easy and affordable.

*     PAINT THE WALLS.  If you decide you want to update a room's colour palette, the right shade can dramatically change the feel of a room.

*      WASH WALLS AND WINDOWS.  With a little elbow grease you can often return the luster of an old coat of paint. Crystal clear windows will also improve the look of your home's exterior.