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A REALTOR® offers valuable expertise and services that go beyond what the internet can provide in real estate transactions.

Here are some key benefits:

  • Avoid Losses: REALTORS® use their experience and negotiation skills to prevent costly mistakes during pricing negotiations and ensure legal compliance.
  • Get the Best Price: Whether you're buying or selling, REALTORS® can help you find the right pricing strategy, advise on renovations, staging, and bidding strategies to maximize your value.
  • Get Local Expertise: REALTORS® have real-time insights into local market trends and can guide you on emerging areas and the best times to invest.
  • Minimize Stress: REALTORS® serve as professional guides, helping you navigate the complex real estate process and offering recommendations for services, reducing stress and saving time.

 

The internet can't replace the personalized services provided by REALTORS®. Century 21's guide stresses the importance of pricing your property correctly, considering various factors like location, size, style, and more when determining its value. A well-priced property attracts more qualified buyers and better offers.

Understanding Market Analysis and the Impact of Overpricing:

A comparative market analysis helps determine what buyers are willing to pay by comparing similar properties in your area. Recent sales show actual buyer interest, current listings reveal seller expectations, and expired listings often signal overpricing. Your C21 representative uses this to set the right list price.

Overpricing can harm your sale due to factors like extensive renovations, wanting to move to a pricier area, inaccurate market information, or emotional attachment. It can lead to reduced activity, delayed price adjustments, and missing informed buyers in the right price range.

Early activity is crucial as there's initial interest when a property enters the market. Overpricing can deter potential buyers, making it vital to have a well-organized marketing plan with your C21 rep to maximize your property's value strategically.

 

When working with CENTURY 21 to sell your property, the process involves several key steps:

  • Signing a Listing Agreement: This is the first formal step, where you enter into a contract with your C21 Franchise to actively market your home for a specified period. You commit to a pre-established marketing fee to be paid upon the successful sale.
  • Preparation for Your Appointment: Before listing your property, gather essential documents and information, including a Plan of Survey or Building Location Certificate, Property Tax Receipt, Mortgage Verification, Deed or Title Search, utility costs, transferable warranties, outstanding contracts, renovation/upgrades details, spare keys, alarm codes, and pet safety instructions.
  • Preparing Your Home for Showings: It's crucial to make a positive first impression on potential buyers. Your C21 sales representative can assist in preparing your home to showcase its best features.
  • Home Inspection Checklist: Use a home inspection checklist to ensure you've thoroughly assessed all parts of the house before allowing others to view it, and consider scheduling a professional home inspection.

 

These steps help streamline the process of selling your property with CENTURY 21, ensuring a well-prepared and organized approach to marketing your home.

To prepare your home for showings and make a positive impression on potential buyers, follow these specific tips for each room:

Living Room:

Create an inviting atmosphere for relaxation.

Remove worn or chipped furniture or rugs.

If furniture is in poor condition, use slipcovers or throws to disguise it.

Dining Room:

Polish visible silver and crystal.

Set the table for a formal dinner.

Kitchen:

Ensure all appliances are working and clean inside and out.

Declutter countertops and cabinets.

Pack away utensils and appliances not used daily.

Bathroom:

Remove rust and mildew.

Clean and shine all tile, fixtures, and counters.

Replace loose caulking or grout.

Keep personal items hidden during showings.

Bedrooms:

Arrange furniture to create spacious, comfortable rooms.

Declutter closets.

Stage bedrooms for luxury and comfort, like a hotel room.

Garage/Basement:

Declutter to reduce items you need to move.

Change the furnace filter and make it accessible.

Consider hosting a garage sale or donating unwanted items.

Right Before a Showing: Always:

Let in natural light, open drapes, and turn on lights.

Crack open bathroom windows for fresh air.

Play background music on the main floor

Adjust the temperature for comfort

Remove signs of pets

Empty trash bins and cover exterior bins

Display fresh flowers or plants.

Hang fresh towels and close toilet lids.

Never:

Wait until the last minute to fix broken objects.

Hover during viewings; leave until they finish.

Create overwhelming smells from cleaning products, fragrances, or cooking.

Allow pets to remain in the home during open houses.

 

By following these room-specific tips and maintaining a spacious and clutter-free environment, you enhance the appeal of your home to potential buyers, helping them envision themselves living there.

 

The major elements of an offer in a real estate transaction include:

  • Price: The offered price, which is typically different from the asking price and depends on market conditions and buyer preferences.
  • Deposit: The deposit demonstrates the buyer's good faith and is applied toward the purchase price when the sale closes. The amount of the deposit is typically advised by your C21 sales representative.
  • Terms: This section outlines the total price offered by the buyer and the financing details. It may specify whether the buyer is arranging their financing or assuming your existing mortgage, especially if it has an attractive interest rate.
  • Conditions: Conditions are specific clauses that outline requirements or contingencies that need to be met for the offer to proceed. Examples include conditions like "subject to home inspection," "subject to buyer obtaining financing," or "subject to the sale of the purchaser's property."
  • Inclusions & Exclusions: This section lists items that are included in the sale, such as appliances or fixtures, as well as items that are excluded, like window coverings or decorative items.
  • Closing or Possession Date: This specifies the date when the title of the property is legally transferred, and the financial transaction is finalized. It may also include any special conditions or extensions, if applicable.

These elements collectively form the core components of a real estate offer and serve as the basis for negotiation and finalizing the sale of a property