Zionsville Real Estate Market

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June 23, 2011

Tips For New Home Sellers

By Tracy Wright

June Zionsville Updates

316 Homes for sale
36 Homes sold in May
64 Average days on the market for sold homes in May
$545,435 Median price of homes currently for sale
$266,450 Median price of homes sold

Looking to sell your home?  Check out the above stats – there are several homes available in your neighborhood!  It is critical to make your home shoulders above the rest.  Here are three key tips in selling your home as quickly and effectively as possible:

Price it Right from the Start

The largest number of showings often occurs in the first 14-21 days of listing.  Most buyers are electronically savvy and are made aware of what is available the moment it is listed.  If it meets their criteria, they will immediately want to see it.

Ask your agent for a comprehensive list of the initial asking prices of nearby homes like yours and the final selling prices of these homes.  This will better educate you and your agent as to how to price your home initially. 

This “right price strategy” will lead to a quicker, winning offer.

Be Prepared to Lose Some Money

The truth is, your home is worth what buyers are willing to pay.  It seems these days, there is little correlation among assessed value, taxable value, and the actual market value of the house.  Sales prices is truly dictated by the market – the supply and demand of homes. 

Again, we recommend studying the sales prices of homes comparable to yours.  This will help you and your agent prepare a realistic view of the ultimate sales price of your home.

Promotion, Promotion, Promotion

When working with an agent, be sure to consider the target market for your home.  Marketing to 20-somethings? Try technology driven promotion utilizing a Mobile App.  Perfect empty-nester home? Don’t overlook your homes curb appeal. Family friendly neighborhood? Post flyers in the community center and local schools.

Smart promotion is key to sale of your home.  Be sure to work with an agent that understands these tools and can help you use them effectively.

 



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Encore Sotheby's International Realty Tracy Wright

Encore Sotheby's International Realty
Tracy Wright


9510 North Meridian, Suite 200
Indianapolis, IN 46260
OFC: 317-281-0347
CELL: (317) 281-0347
WEB: http://www.tracywright.net/

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