Posts Tagged ‘virginia beach real estate’
It’s never easy having your home on the market to sell, and if you’re experiencing a long market time, while other homes in your area are selling, then it’s time to reevaluate your marketing strategy. If a home is priced correctly, it will sell regardless of the current Virginia Beach VA real estate market, but if buyers are passing you by, review your pricing, condition, and terms.
The first step in selling your home for the right price is determining if the market value is the same as when you listed. Ask your real estate agent to present you with an updated CMA (Comparative Market Analysis). Pay close attention to the homes that have sold since your home has been on the market. Was their asking price significantly less than yours? Buyers understand the value of homes today, and they generally aren’t willing to over pay for a property.
Walk through your home and view it as a buyer does. What kind of first impression does it make? As you go from room to room make notes of things that stand-out in a negative way. Once, you’ve completed your list and made the needed changes, ask your real estate agent to retake photographs and update feature sheets.
Most buyers begin their search on-line and then contact a Virginia Beach VA real estate agent for further assistance. Review your MLS (Multiple Listing Service) with your agent to determine if the listing is positive and motivating. Are you turning away buyers because your showing times aren’t flexible or your move date is too far away? If you are offering closing cost assistance or providing cosmetic allowances, consider adding the amount to the listing.
What should you do to get your Virginia Beach VA home sold? Our local housing inventory is lower than it has been in years, so if your home is not getting showings, or if you are having steady activity with no offers, here are a few things you should consider doing to get your Virginia Beach VA home sold.
Pricing – Pricing your Virginia Beach VA home right, at the beginning of the listing, is crucial to getting the most activity and the best possible price. You want to be the best home in your price range and neighborhood, so when buyers view it, they will see the value immediately.
Closing Costs – Offer closing cost assistance to help those buyers, who are struggling with the needed down payment. In Virginia Beach VA, typical seller closing cost assistance is between 3 – 6 percent. Offering to pay even 3% of the buyer’s closing cost illustrates that you are a serious seller.
Home Inspection – Having your Virginia Beach VA home inspected prior to listing will give you the opportunity to repair items upfront. When your home goes under contract, allow the buyer to have their own home inspection without the worry of any major surprises.
If you are interested in more information about selling your Virginia Beach VA home, contact me today!
Finally it looks like our government is taking some stronger steps to help our military personnel out of financial hardship that they were placed in serving our country. While some of the other programs like the HAP were a good start they just didn’t work, at least for the majority, due to small window of time or lack of program funding. It lloks like they are just taking the existing short sale platform and adding some addition perks for military personnel. Check out the link below for the complete story.