Wednesday, August 28, 2013

How Market Value is Determined

We recently added this to some of our promotional packets, and I thought it was great info to post here as well!


           The Market value of your home is determined in several ways


           The market value of your home is not:

1.  What you have in the home

2.  What you need out of it

3.  What you want

4.  What it appraised for

5.  What you heard your neighbor’s home sold for

6.  What the tax office says it’s worth

7.  How much it’s insured for

8.  Based on prices of homes where you are moving

9.  What Zillow says it’s worth


The true market value of your home is...what a buyer is willing to pay for the property based on the number of competing homes:

1.  Based on today’s market

2.  Based on today’s competition

3.  Based on today’s financing

4.  Based on today’s economic conditions

5.  Based on the buyer’s perception on the condition of the property

6.  Based on the location

7.  Based on normal marketing time


Properties that sell in today’s market:

On a scale of 1-10 (“10” are the ones that are selling)  How can your property be a “10”?

1.  By improving the condition dramatically

2.  By offering good terms

3.  By improving the way the home shows

4.  By adjusting the price


As you advance through your marketing period, you may observe some warnings:

Realtor elimination– if the Realtors are not previewing it and do not show it, they are eliminating it

Buyers elimination– if it is being shown with no results, the buyers are finding better properties to buy and they are eliminating the property


Newly renovated and ready to move in home in beautiful New Sherwood!

Nestled on a cul de sac with a park-like, private lot and lots of upgrades! For more information and photos on this Sherwood home, click here!

4180 Malbeth
Winston-Salem, NC  27104

Tuesday, August 27, 2013

9120 Great Meadows provides a rare opportunity in Clemmons!

Paved drive leads to fabulous home on over 3.5 acres, partially cleared and wooded with personal putting green! For more information and photos of this wonderful property, click here!

9120 Great Meadows Drive
Clemmons, NC  27012

Friday, August 23, 2013

GREAT Open Houses this Sunday!

4355 Winterberry Ridge -- just reduced to $249,900 -- wonderful Winston-Salem home (Clemmons taxes and schools!) with full basement and nice backyard

2213 Briar Glen -- $125,000 -- great starter home convenient to WFUBMC, shopping, etc. with pretty floors and vaulted ceiling in living room

6810 Doublegate -- $289,900 -- stunning brick home in prestigious Doublegate in Clemmons -- hardwoods throughout main level and full basement

These will be open Sunday 2-4.  Come on out!

A Busy Weekend!

Yes... things have slowed down somewhat from the Spring/early Summer frenzy, BUT we received offers on 3 different homes this weekend.  So, the number of lookers has diminished somewhat, but the ones that are looking are serious.  Buyers, take things seriously if your agent tells you there is significant interest on a home you love, and sellers, keep your homes looking great and easy to show.  We are forecasting a flourishing fall!

Thursday, August 1, 2013

Lovely home on nearly 2 acres with private backyard!

Well maintained one owner home with dramatic 2 sided rock fireplace! For more information and photos on this home, click here!

1332 Cross Creek
Yadkinville, NC  27055