How should your property be priced?

In a perfect world, you would sell your home for the most amount of money in the least amount of time. That doesn't happen often—and pricing your home too high could cost you money in the long run. In almost any market, the homes that sell the fastest and for the most money are those that are priced closest to what a reasonable buyer would expect to pay at that time. That is why you absolutely must know your competition and understand how key factors play into your pricing decision.


Comparable sales prices

The most reliable indicators of current market value are pending sales of properties similar to yours and comparable sales that have closed within the past six months. Find out whether or not these were full-price sales. If houses are selling for 95 percent of their list price, it's unwise to price your property more than 5 percent above what you expect to get.

Market conditions

Find out how long recently sold comparable properties were on the market before they sold. The longer properties are on the market in your area, the more vital it is to price your home close to market value if you want to sell quickly.

ARE YOU A FIRST TIME BUYER?

No matter how well you can picture your dream house and communicate your ideal to an Agent, the house you finally fall in love with may have little resemblance to the image you started out with. But you have to begin somewhere, and a detailed wish list is a great head start. Let's say your wish list looks like this, in order of priority:

Two bedrooms, two baths
Safe, quiet neighborhood
Garden
Ability to add on
No major repairs needed
Near close friends or family members
Close to downtown
Craftsman-style detached home
Lots of natural daylight
Parking
Good investment with excellent resale potential
Affordable property taxes
Neighborhood matches family personality, culturally and politically
Enclosed laundry area
Walk-in closet in master bedroom
Storage space for sports equipment
Gas hookup for stove
Back deck or patio
Close to work, schools, church,synagogue
Finished basement for office or guest room
No threat of commercial encroachment
Within 1/2 hour of the airport
Hardwood floors
French doors leading to backyard
Close to public transportation

Now, how would the list change if you had to settle for only 10 of your wishes in your price range? If you had to narrow it to five, would your top priorities be different? When you start looking at houses, this information will be invaluable to an Agent as he or she matches your requirements to available houses.

SPECTACULAR CONDO,IN COTE ST LUC OVER 2,600sqft. 2 LEVELS FOR SALE

AN ENTERTAINERS DREAM! 2 FLOOR PENTHOUSE CONDO. SPECTACULAR DOUBLE SIDE FIREPLACE, ROOMS OF GRAND PROPORTIONS. GRANITE KITCHEN COUNTERS/ TOP OF THE LINE APPLIANCES ALL INCLUDED/2 SEPARATE ENTRANCES/LAUNDRY ROOM OFF KITCHEN/CROWN MOULDINGS/HALOGEN LIGHTS/HIGH CEILINGS/2600 SQ.FT CONDO/CIRCULAR STAIRCASE/4 PARKING SPACES/2 LOCKERS/60 FT. TERRACE WITH OVER SIZE SHRUBS AND ROD IRON FURNITURE/3 BEDROOM/2 BATHROOM/1 POWDER ROOM/OPEN CONCEPT/NEWLY RENOVATED. PROPERTY WAS FEATURED IN DECOR MAGAZINE.
THIS PROPERTY SPELLS ELEGANCE!
TOTALLY BREATHTAKING.
FOR FURTHUR INFORMATION PLEASE CONTACT ME



ANITA BENABOU (ROZENBLAT)
Affiliated Real Estate Agent
anitarozenblat@hotmail.com

COMMERCIAL PROPERTY FOR SALE ON COTE ST LUC RD.

A RARE FIND, 48,000 SQ. FT. LOT IN THE VERY BEST LOCATION OF MONTREAL. A BUILDERS DREAM. EXISTING BUSINESSES ALL FULLY RENTED.
PLEASE CONTACT ME FOR FURTHUR INFORMATION.



ANITA BENABOU (ROZENBLAT)
Affiliated Real Estate Agent
anitarozenblat@hotmail.com

Properties wanted for couples relocating to Montreal

Every so often i get e-mails from companies in Canada that are relocating families to Montreal.
If you know of someone who is selling a Cottage or Split Level in the areas of Westmount, Hampstead or Cote St Luc, please contact me.


Century 21 Vision
Chartered Real Estate Broker

ANITA BENABOU (ROZENBLAT)
Affiliated Real Estate Agent

514-481-2126
anitarozenblat@hotmail.com

How to choose a Real Estate Agent

Before you select a real estate agent to work for you, be sure to sit down with them and ask them some questions. Ultimately, your final decision may be based on if you trust the information given and if they sound creditable. The thing that makes it tough to even decide who to interview is that some agents say the same thing: "I'm Number 1 or Top Producer, Award Winner etc..... which is great but the bottom line is can they give you 100% Service?
As a Buyer or a seller, you can only care about how the real estate agent can help you achieve your goals and put your interest first. You should select a strong company with a proven track record of success, but make sure the agent's primary focus is on helping you, not blowing their own horn.

Get as many pricing opinions from agents as you feel comfortable with. Remember that the best agent may not give you the highest price opinion, but it is probably going to be the most realistic. Make sure the comparable sales used for the price opinion are really comparable to your property. If an agent tries to "Buy" your business by telling you what you want to hear, in other words a higher price than the others, this may result in a longer market time, more inconvenience for you and maybe a price reduction later ( after all the buyer's excitement is gone)

Never judge an agent by experience, I'm one who believes that everyone deserves a chance.The best way to feel comfortable about the agent's past experience is by asking around and maybe get some referrals.
You need to feel comfortable and understand that once you've shaken hands, you are both committed to work as a team.

NEW HOME ARTICLES COMING UP BY ANITA BENABOU ROZENBLAT