10, 5 Set Hike!

By Jean Marie Herron, Marina Rini and Barbara Cluck-Miksits

For many fans, football season has arrived, but for many homeowners so has the time to sell their houses. Whether you're looking to downsize, rightsize or economize, here are the 10 "vital statistics" that every homeowner should know before putting their home up for sale. Understanding these statistics will help make for a smooth, stress-free move and help you get the highest price possible for your home.

1. Number of homes currently on the market
2. Average list price
3. Average sales price
4. Average days on the market
5. Average days from contract to closing date
6. Difference between list and sale price
7. The "absorption rate" (The current supply of homes divided by the number of homes selling over the last six months to determine how many month's supply there is.)
8. The sales price for comparable homes that have sold
9. The asking prices of homes that you are competing with
10. Whether you are in a climbing, falling or stable market
    
    

Each municipality is different - and each area of the country is different. You should not rely on "national statistics" when pricing your home but rather very specific ones.

Now that you know your vitals in selling remember this, "When Ready to Sell, Make Sure You Are Ready to be Seen". The way we live in our home and the way we market and sell our house are two very different things. Buyers and agents only know what they see, not what could be.

Here are just 5 of the top reasons why you should have your home professionally staged before it hits the market:

1. Staged Homes sell in a shorter amount of time
2. Staged Homes sell for the most money possible
3. A Staged Home will show better in pictures and virtual tours on the Internet (This is where the buying process begins)
4. A Staged Home will look better than the competing homes for sale in your local market, increasing your visibility and showings
5. Staged Homes are regarded as well kept and maintained homes, and are recognized by other real estate agents as properties ready to sell

 

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At POSSE Partners, LLC (Professional Organizing Solutions Serving Everyone) we cater to homeowners who want one-on-one help with their organizing endeavors whether it's their space, papers or time. Besides transferring these organizing skills to our clients, we also hold organizing classes called Clutter Corrals, have a monthly forum for supporting each other called POSSE's Pen and we also give organizing presentations as well. To learn more about the author and owner, Jean Marie Herron, and sign up for her free newsletter go to www.POSSEPartnersLLC.com.