Stronger economy and soild job growth expected to boost home sales in 2015:
The NAR 2013 Profile of Homebuyers and Sellers gives some key insight into what today’s typical seller is thinking when it comes time to move.
97% – Recent sellers typically sold their house for this percentage of the listing price.
88% – Sellers that were assisted by a real estate agent when selling their home.
59% – Purchased a newer home than they’d owned previously.
47% – Reported that they reduced the asking price at least once.
36% – Sellers that offered incentives to attract buyers.
13% – Sellers that had to delay or stall selling their home because the value of their home was worth less than their mortgage.
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In addition to being a poor investment, these projects will often hurt the future sale of your home:
- Turning a bedroom into another type of space
- Installing an above ground pool
- Not keeping paint colors neutral
- Installing a hot tub
- Creating themed children’s bedrooms
When making changes or improvements to your home, always ask the question; how will this affect my home’s value and marketability when it’s time to sell?
- A clean uncluttered home sells
- Homes priced right sell
- Selling a home is inconvenient
- Repairs left undone will cost you more money than the repair itself
- Overpricing your home will help to sell your neighbor’s home
- Buyers love to grill sellers that are present for home showings
- Smelly homes sell for less money
- Cash is not always king
- Well maintained homes sell for more money
Leading Real Estate Companies of the World® is a network of over 500 of the very best real estate firms that are located in nearly 50 countries. These firms have 3,500 offices with 120,000 sales associates. In 2013 these firms had sales of $314 billion dollars representing over one million transactions, which placed Leading Real Estate Companies of the World® #1 in sales volume in the United States.
Sales volume numbers for 2013 were as follows:
Leading Real Estate Companies of the World® – $314 billion
Coldwell Banker – $267 billion
Re/Max – $221 billion
Keller Williams – $131 billion
Century 21 – $122 billion
Prudential – $114 billion
Berkshire Hathaway Home Services – $80 billion
Real Living – $44 billion
Sotheby’s International Realty – $28 billion
ERA – $22 billion
Realty Executives – $19 billion
Better Homes & Gardens – $12 billion
Firms affiliated with Leading Real Estate Companies of the World® can offer sellers global exposure of their home in addition to strong marketing expertise at the local level. Leading Real Estate Companies of the World® has the resources to market your property to the highest possible number of potential buyers. With 120,000 talented associates around the world, they expose your property to buyers on six continents ensuring more eyes are on your property. In addition they receive inbound clients from other affiliates around the globe who are interested in purchasing a home.
If you are looking for the best real estate firm to sell your home, then you need to consider a firm that’s affiliated with Leading Real Estate Companies of the World®.
Source: Leading Real Estate Companies of the World®