Mahtomedi Mn Real Estate

How Setting the Right Price Can Help Sell a Home

Setting the asking price correctly can help you with a swift and successful sale. The first few weeks a home is for sale on the market is the best chance for selling a home at a good price, in a reasonable amount of time.

Because of the low inventory in markets across the United States, home buyers are searching the MLS listings every day, waiting for the right home to go on the market. If your home is priced right from the beginning, you will be in the best position to attract home buyer attention and sell the house for a good price within a time frame you can live with.

If your price is set too low, you might get a lot of attention and some lowball offers, but you stand a chance of losing out on thousands of dollars.  If your price is set too low, less people will come to look and offers to pay your impractical price will be few and far between. You could reduce your price, but by that time you will have likely missed out on home buyers who might have been interested.

How Are Prices Set?
Determining what an initial asking price should be involves research on the real estate market and judgment that comes from experience. The basic steps include, but are not limited to:

• Assessing the homes against similar home in the neighborhood that have sold recently or are presently for sale.
• Defining what features of the house make the home special among others currently up for sale in the area.
• Deciding how much to invest in improvements that could increase the marketability of the home to earn the best sale price.

A good sale price will be close to the market value of the house, which is continuously shifting. Setting the right price from the beginning results in a fair-dollar sale in a realistic timeframe, but it takes some knowledge. Pricing a home for sale is where a good real estate agent can be of great assistance.

If you would like a free home value analysis give us a call

Yale Norwick
Wildwood Realty
Mahtomedi Mn Real Estate | White Bear Lake Mn Real Estate | Birchwood Mn Real Estate | Grant Township Real Estate
651-426-5232

Mahtomedi Mn Real Estate, When do homes sell?

When Do Properties Sell in the Mahtomedi, White Bear Lake area?

April 08, 2014

Wildwood Realty, Yale Norwick Owner

When do properties sell? March and April and May constitute the heart of the spring market and the busiest time of the year in the Mahtomedi and White Bear Lake real estate market.

The pace of sales slows in the summer months of June and July and August. This may be attributed Mn taking their vacations in this timeframe That said, there is still good activity in the market in these months.

Indeed, a pool of new buyers who will be looking to joining the states number 1 school district often look enter the market at this time, with the idea of being settled before the new school year in September.

The fall market runs from just after Labor Day until mid November. With summer vacations finished and folks back in the saddle for the new school year, the fall market is a time of increased activity for those buyers still looking to close before the end of the calendar year.

The winter market is the slowest time – November and December and January. The holidays and darkness early in the evening generally mean fewer properties for sale and fewer buyers looking to buy. Now and then, a buyer can get a bargain in the winter market in fact this is a great time for buyers.

The new year brings the early advent of the spring market. Late January into February is a transitional moment in the market. Depending on the weather, the winter market can drag on or the spring market can get an early start. This is an interesting time for a buyer to be looking, as there is generally a bit less pressure.

If you are interested in a free market analysis of your Real Estate Property in Mahtomedi or White Bear Lake area, feel free to give us a call.

Yale Norwick
Wildwood Realty
Mahtomedi Mn Real Estate | Birchwood Mn Real Estate | White Bear Lake Real Estate | Grant Township Real Estate
651-426-5232

Are planning on listing your Mahtomedi, Dellwood, Grant Township home? 

 

We have many free services that can give you a new perspective on how long it may take to sell and what the best price is for your home to be listed for.

 

READY to Make a Move? If you are buying, selling or relocating to Mahtomedi Minnesota and need help from a professional REALTOR®, give me, Yale Norwick of Wildwood Realty, a call or visit my website for a FREE Relocation information .

 

 I specialize in properties in the north and east Twin Cities metro area including Mahtomedi, Dellwood, White Bear Lake, Pine Springs, Grant Township, Stillwater and many other homes in Washington County in Minnesota.

 

I have represented many families in this area and I have a great understanding of this area. From schools and churches to leadership organizations. This portion of the east Mtero has it all.

 

Contact us today for a free home valuation!!

And we always offer an industry low % 4.7 selling commission.

 

Yale Norwick

Wildwood Realty

East Metro Mn. Real Estate Services

651-426-5232