Home Sales Climb
Both new home sales climb along with existing home sales that are up month-over-month and year-over-year.
Highlights:
- Inventory remains low which continues to drive home prices up as demand continues to exceed the 4.7-month inventory.
- The median price of new homes is up 12% from March 2015, while the median price of existing homes is up 6.3% from April 2015.
Trust is Necessary When Listing Your Home
You and your family have decided to sell your house. It is now time to choose a real estate professional to help with the process. One of the major attributes this agent must possess is trustworthiness. To what degree do you need to trust them?
You must have enough trust in them that you feel comfortable they will accomplish all four things below:
Unparalleled Trust Necessary Before Listing Your House | Keeping Current Matters
1. Selling is possibly the largest asset your family own in your portfollio
In many cases, a home is the largest asset a family has. Studies have shown that the equity many families have in their home is the largest percentage of that family’s overall wealth in their portfolio.
2. Set the correct market value on that asset
Pricing is crucial even in the best of markets. You want to get the best price for your home without putting your house at a value that buyers will have little interest in. It’s important to remember that you are selling your home, and it has now become an asset. A house that you’re placing on the market to achieve the best Return on your Investment (ROI) that is possible.
Unparalleled Trust Necessary Before Listing Your House | Keeping Current Matters
3. Set the time schedule for the liquidation of that asset
Your family probably has a certain timetable for the sale of your house and the move into your next home. Coordinating the home selling process to meet certain schedules can be tricky.
4. Set a fair fee for the services required to liquidate that asset
You will need to pay a commission to an agent for selling the home and coordinating all elements of the selling transaction, including possible future negotiations (ex. with a home inspector or appraiser).
Unparalleled Trust Necessary Before Listing Your House | Keeping Current Matters
That’s a lot of trust. Let’s get together to discuss the difference hiring a true professional can make in the sale of your home.
Articles brought to you by:
Jane E. Daley, REALTOR®
Luxury Valley Homes® (LVH)
(480) 595-6412