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The story of The Heritage Home Team begins several years ago with a young woman who had a passion for personal finance. Crystal wanted to learn how the average American grew their wealth. What her studies always brought her back to was that Americans that owned homes were wealthier and more ‘comfortable’ then Americans that did not own their own home.
But, it’s not just about moving into any home. It’s about finding a home of good quality in a good area that will continue to appreciate year after year. This is what Crystal and The Heritage Home Team pride themselves in: finding a good quality home, in the target price range, in the available time frame.
How does this apply to you, the seller? Whether in a seller’s OR buyer’s market the best way to sell your home is by appealing to potential buyers; to make sure they can see themselves living in your home, not wondering who currently lives there. My job is not only to help you price and market your home aggressively – it is also to view your home through the eyes of a buyer, from the very beginning.
The Heritage Home Team also prides itself in being ‘green’. You’d be amazed at how wasteful a life on the go can be. The Heritage Home Team drives hybrid cars, only prints when needed – and double sided if possible, saves files in electronic format instead of paper format, shys away from prepackaged products, and is learning how to be greener every day. The little things add up!
The housing market is recovering nicely. Prices have increased nationally by double digits over the last twelve months. Competition from the shadow inventory of lower priced distressed properties (foreclosures and short sales) is diminishing rapidly. Now may be the perfect time to sell your home and move to the dream house or beautiful location your family has always talked about.
The one suggestion we would definitely offer: DON’T OVERPRICE IT!!
Even though prices have increased by more than 10% over the last year, the acceleration of appreciation has slowed dramatically over the last few months. As an example, in their April Home Price Index Report, CoreLogic revealed that home prices actually depreciated by .08% this month as compared to last month’s report. What concerns us is that Trulia just reported that asking prices are still continuing to increase.
Because investor purchases are declining and there are more listings coming onto the market, we believe that sellers should be very cautious when they price their house. The alternative might be that you could lose money by overpricing your home at the start as explained in a research study on the matter.
Though it is a great time to sell your house, pricing it right is crucial. Get guidance from a real estate professional in your marketplace to ensure you get the best deal possible.
Thank you to The KCM Blog for this great information!