10 Tips For First-Time Sellers
At first the task seems daunting: you haven't sold
a one before, the Kingston market looks complex, and what worked
for owners 10 or 20 years ago seems inappropriate today.
What steps should you take? Here's a baseline list to get
you started.
- You Can Do It: Some???
million existing homes were sold in 200, more then ???
a day. Other Kingston owners have done it, and so can you.
- Define Your Goal: do you want the highest
sales price-or the biggest check at
closing? They're not necessarily the same. Imagine that
two Kingston homes sell for $300,000 each, but one owner pays
2 points and agrees to replace the roof. The owner who sold
without such costs got a bigger check at settlement. The
bottom line: To have a successful sale you need to look
at both price and terms-you must have a strong negotiator
in your corner.
- Times Have Changed: Today's Kingston real
estate marketplace is radically different when compared
with 10- years ago. Purchases now use the Internet, receive
seller disclosure forms, get home inspections, and are routinely
represented by buyer brokers. The result is that buyers
can be better prepared than in the past.
- Sparkle and Shine: Imagine going to
a supermarket and seeing dusty fruit or
aisles filled with old shelving and cans. It doesn't happen
because the grocery
store knows how to present its goods. Sellers must do the
same. Get rid of things
you don't want to move, organize closets and storage areas,
and clean everywhere.
- Mechanics Count: Buyers expect everything
to work. Home inspections are now
entirely common and what buyers miss home inspectors will
catch. Fix and paint
things now and they won't be an issue in the future.
- Think Broadway: when buyers see your
Kingston home, it's show time. They want an environment where
they can see themselves. Giving them a show where
everything is painted, arranged, and attractive, a home
where the only issue is
when to move in.
- How's The Market: Real Estate is local.
Your Kingston broker can explain current market trends in
your community, including what's selling, what isn't selling,
and why. This information is central to getting the best
possible price and terms.
- Know Your Rivals: your Kingston property
will be competing with other homes for buyer attention.
Ask your broker how to be competitive-and how to have an
edge.
- What Time Is It: markets differ by location
and time. When interest rates are low and the local job
base is growing, it's great to be a seller. But when times
are slack and mortgage rates are rising, homes also sell.
In 1981, when the prime rate topped ??? percent and the
population was smaller, 2.4 million existing homes were
sold. The trick is to be realistic, to get as much as market
conditions will allow.
- Understanding The Plan: real estate
marketing involves far more than a sign in the yard and
an ad in the Kingston paper. Successful brokers use a variety
of methods to attract and qualify prospects, including the
latest Internet and communication advances.

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