Set High Standard When Presenting Your Home for Sale

March 26, 2000

REALTORS® OUTLOOK

By Kay Wilson-Bolton

President, Ventura County Coastal Assn of REALTORS®

 

Here’s a simple quiz. If you were buying a home today, would you buy the first home you see?  Would you buy a home if your banker told you it was priced above fair market value? Would you purchase a home with a leaky roof, obsolete appliances, and a defective heating system without a price concession? If you answered  “No!” to all of the above, you are in the mainstream of home buying wisdom.

But, what if you are selling your home? The same rules apply. Buyers look at more than one home and they compare prices.  Overpriced homes that do not reflect fair market value are often left on the market for extended periods. Buyers bargain for price concessions when they see a home in need of repairs.

So what’s the message here for property owners?  It’s simple.  Offer your home in mint condition, at or just below fair market value, and buyers will compete to own it.  In this market it is possible that you will have multiple offers if your home is priced at or below market and you will be in a position to obtain an optimum price.

Ventura County continues to see a fast selling market where homes are gobbled up by a frantic buyers pool, but fair prices are determined through fee appraisals or market analysis and comparisons.

The new buyer who compares before making the purchase sets the value.  Let your home be the standard by which all other homes are measured—then start packing.

Ventura County Coastal Association of REALTORS® Multiple Listing Service provides the data REALTORS® need to give you good information to establish your price.

 

When buying or selling your next home, choose a REALTOR® . There is a difference and you can benefit.  For more information, contact Bob Seitz, CEO, Ventura County Coastal Assn of REALTORS® at 981.2100. Our website is http://www.vc-realtors.com

 

About Kay Wilson-Boltonhttp://www.kaywilsonbolton.netWith a full-time career in real estate, I can add to your bank of knowledge, not only in real estate but in many areas of life that deal with people and relationships and choices. My real estate career has taught me many lessons about planning ahead and looking forward. I believe in helping along the way so that they can be the best they can be in any situation. I serve as a Fire Department Chaplain and Coordinator for the Many Meals Project which serves homeless and hungry families in my community. The event is far more than many meals. As a result of my work with the homeless population in my community, I received the Good Neighbor Award 2017 from the National Association of Realtors and named as a Champion of Homes in 2015 by the California Association of Realtors. I make pastoral visits to the inmates in the County Jail System and offer them what God says about "all things being new" and His remarkable plan for our lives. I have served my community as Mayor and in many volunteer capacities. I serve others by serving God first. My husband is involved in prison ministry and is a graphic artist. We live a simple life in Santa Paula with an office cat named Scout, three rescued poodles and a cat named Tony Diane at home.

Leave a Reply if you like.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s