My assignment was to appraise a home that was close to the freeway. This home is one home in a small development of newer homes. The home was a 1.5 story home with square footage that was more in line with the 1 story homes in the area. Typical two story homes offered much more square footage than the subject. The development was (Planned unit development) PUD, which resulted in newer homes that are located on smaller lot sizes.
You’ll attract serious buyers. Would you spend the holidays searching for a new home if it wasn’t absolutely necessary? People looking to buy during the holidays are more likely to have a pressing need.
I have found that in many cases, the owner didn’t even know that their listing had expired yet. So we are actually contacting them BEFORE their own agent does. Point one for our team!
Most sellers choose to talk to other people they trust, and they learn to keep an open mind to all possibilities. Other people’s experiences can be useful to you, but they can also be a distraction. Try to keep a sharp focus on all your alternatives, then work through the list to determine what can work for you. Most people find that this proves to be a good plan in the typical sales process. I’m sure you’ll discover that the actual place where success begins is in your mind, it’s a simple fact that your next logical step is posting on craigslist. Consider this – a home sale really starts in your mind, and your positive intentions and beliefs contribute tangibly to the time frame and the success of your home sale.
Access to immediate help in time of financial distress. People who own multiple houses but are in terrible financial distress would rather sell some of their homes than have the other ones go into foreclosure. Sure they can go hock the house on their own. But given the market performance, they will definitely have a hard time finding determined buyers. By selling your house to Realty Express, Inc., the process is much quicker. This then allows for faster recouping of equity payments to have funds to save other properties in danger of repossession.
This real estate frenzy is being led by the province of Alberta and their incredible economy. The cities of Calgary and Edmonton, which reported their highest level of new real estate point ever in the third quarter. Montreal and Toronto reported their second highest amounts of new listings for any quarter, as well.
From this point, I begin to look in other developments that are over one mile from the subject that offer any similarities. Soon, a pattern emerges and the value is supported by the most relevant homes. The most recent, relevant comparable sales in cases like this are usually just newer homes that offer somewhat similar square footage and garage count. And they usually support the listing in the area, because if they don’t the appraiser is going to have to explain why the listings in the area offer a significantly different price than the sales outside the area.