5 Tips for Selling Your Home for the Best Price

Santa Barbara Real Estate - 5 tips to sell your home The rebound in U.S. home values over the past couple of years has placed many homeowners in a better position to sell their home for a profit.

Still, getting a home sold can be challenging, even in markets where tight supply favors sellers.

Here are five tips on how to get your home sold for the best price:

1. STUDY THE MARKET

Most homeowners enlist the services of a real estate agent to market their home and perform a variety of tasks, including reaching out to a network of buyers’ agents, preparing the home for viewing and dealing directly with prospective buyers.

That shouldn’t preclude sellers from being knowledgeable about the process, however.

The most important thing in pricing and getting your house sold fast is to do your homework.

Look up what similar homes have sold for in the last 30 to 60 days and how long they’ve been on the market. You can also see whether those homes sold for less or more than their initial asking price.

2. BE PATIENT

Some sellers may be tempted to press their agent to list their home well above comparable sales. Others may want to briefly test the market with a high price only to relist the home later. This strategy can backfire.

Ideally your goal is to price it perfectly so that it sells immediately. The longer a property stays on the market, the more it becomes stale, and it’s very hard to garner momentum once a property is stale.

3. SET A DEADLINE

One strategy that can help create competing bids among potential buyers is to require that any offers be made within the first week or two that the home is on the market.

The approach, coupled with hosting an open house as soon as the home goes on sale, works best on homes that are priced competitively.

That’s a strategy where you can certainly try to get as many offers as quickly as possible.

4. STICK WITH LOCAL AGENTS

When it comes to selling your home, the ideal agent should be an expert on your neighborhood. They will be in position to know even which transactions might be in the works but not yet available on public records — key to gauging how to price your home.

When evaluating prospective agents, find out the pricing of their recent sales to see whether the homes sold for less or more than initially priced.

You want to get their track record, you want to understand their philosophy and what that listing agent has done in the past, because it’s highly likely they’re going to repeat that same success or failure.

5. WEIGH COMMISSION OPTIONS

Traditionally, listing agents will charge sellers a 5 or 6 percent commission on the sale price of the home. This commission is typically split equally between the selling agent and the buyer’s agent, although many listing agents often split their own share with their brokerage.

Sellers can negotiate for a lower commission, but it could make their home less of a priority for the agent than the other properties they may be working to sell.

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Jon Mahoney

Director, Luxury Homes Division

Professional Financial Planner

Keller Williams, Santa Barbara

(805) 689-0532

BRE# 01269717

info@JonMahoney.com

Santa Barbara, Montecito, Hope Ranch, Goleta, Summerland, and Carpinteria Market Update 4/4/2014



Current Real Estate Market Conditions for Single Family Residences, Condos, and Townhomes for Santa Barbara, Montecito, Hope Ranch, Goleta, Summerland, and Carpinteria
· Trends in Pricing
· Current Levels of Supply and Demand
· Value Metrics
· Report for the week of April 4, 2014

·  Detailed PDF Report presented by Jon Mahoney [30+ pages]

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Jon Mahoney’s Real Estate Team

Keller Williams Luxury – Santa Barbara

1435 Anacapa St, Santa Barbara, CA 93101

(805) 689-0532

Info@JonMahoney.com

http://JonMahoney.com

Santa Barbara Real Estate Statistics through February 2014

Santa Barbara Real Estate Statistics through February 2014 File:  Real.Estate.Market.Stats.Santa.Barbara.FEBRUARY.2014.pdf

Size:  3.14 MB

Pages: 52

Description:  Complete Santa Barbara Real Estate Statistics through February 2014

Prepared By: Jon Mahoney

DOWNLOAD:  http://jonmahoney.com/files/Real.Estate.Market.Stats.Santa.Barbara.FEBRUARY.2014.pdf

 

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Jon Mahoney

Director, Luxury Homes Division

Professional Financial Planner

Keller Williams, Santa Barbara

(805) 689-0532

BRE# 01269717

info@JonMahoney.com

Santa Barbara, Montecito, Hope Ranch, Goleta, Summerland, Carpinteria Market Update 10/21/2013

 

· Current Real Estate Market Conditions for Single Family Residences, Condos, and Townhomes for Santa Barbara, Montecito, Hope Ranch, Goleta, Summerland, and Carpinteria
· Trends in Pricing
· Current Levels of Supply and Demand
· Value Metrics
· Report for the week of October 21, 2013

·  Detailed PDF Report presented by Jon Mahoney [30+ pages]

——————————————————————————————————————-

Jon Mahoney’s Real Estate Team

Keller Williams Luxury – Santa Barbara

1435 Anacapa St, Santa Barbara, CA 93101

(805) 689-0532

Info@JonMahoney.com

http://JonMahoney.com

Get My Brand New Real Estate Search App for iPhone, iPad, Android Devices!

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Enter my agent code KW2M4VYZQ at the startup of the app or via the “My Agent” button on the main menu.

Once you’ve entered my code, you can contact me directly with questions or requests regarding any property.

Download the app from iTunes Store or Google Play:

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Get the most accurate and up-to-date real estate information right at your fingertips:

  • Enter my agent code KW2M4VYZQ at the startup of the app or via the “My Agent” button on the main menu and get immediate access to all available properties in Santa Barbara Area, including: Montecito, Hope Ranch, Goleta, Carpinteria, Summerland.
  • Easily connect with me and receive property details instantly.
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Looking for a luxury property, home or condominium in the Santa Ynez Valley area, 93460? Take a look at all of the properties for sale and listings from the Santa Ynez MLS, Multiple Listing Service.

Are you looking to buy a property in the Gorgeous Santa Ynez Valley?
Let us help you find everything you need to know about buying or selling a home! As the preeminent Real Estate professional in my community for over 12 years, I am dedicated to providing the finest service available while breaking new ground. Continue reading “Looking for a luxury property, home or condominium in the Santa Ynez Valley area, 93460? Take a look at all of the properties for sale and listings from the Santa Ynez MLS, Multiple Listing Service.”

Looking for a luxury property, home or condominium in the Santa Ynez Valley area, 93460? Take a look at all of the properties for sale and listings from the Santa Ynez MLS, Multiple Listing Service.

Are you looking to buy a property in the Gorgeous Santa Ynez Valley?
Let us help you find everything you need to know about buying or selling a home! As the preeminent Real Estate professional in my community for over 12 years, I am dedicated to providing the finest service available while breaking new ground. Continue reading “Looking for a luxury property, home or condominium in the Santa Ynez Valley area, 93460? Take a look at all of the properties for sale and listings from the Santa Ynez MLS, Multiple Listing Service.”

Search all of the Luxury Homes, Estates, and Condos in the Santa Barbara, Montecito, Hope Ranch, Goleta, Santa Ynez, Carpinteria and Summerland Areas.

Are you looking to buy a Luxury property in Santa Barbara, Montecito or Hope Ranch?
Let us help you find everything you need to know about buying or selling a home! As the preeminent Real Estate professional in my community for over 12 years, I am dedicated to providing the finest service available while breaking new ground. Continue reading “Search all of the Luxury Homes, Estates, and Condos in the Santa Barbara, Montecito, Hope Ranch, Goleta, Santa Ynez, Carpinteria and Summerland Areas.”