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65201 : Real Estate Advice

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  • Home Buying2
  • Home Selling1
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Activity 4
Fri Nov 8, 2013
Tim Moore answered:
I sort of agree with Scott, all listings in an MLS don't go to online sites like Trulia or Zillow. Either the MLS itself or the agent's office must be set up to have listings automatically sent to online sites. Many MLS systems do this for their members, but the agent that listed it can select an option that did not allow the listing to be sent out. You need to ask them which it is. You do get what you pay for and if you just paid a submission fee to get listed they might have given you the FSBO option and not gone the extra mile for you.

In today's market I think most of what needs to be done is to get your listing out on the internet as that is where the vast majority of buyers are looking.
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Wed Aug 21, 2013
Alexandra Weishaar answered:
No, you will not be able to qualify for that but you do have several options!

My name is Alexandra Weishaar, I am a Purchase Coordinator Representative here at Guardian National Bank. I would like to find a time when we could speak over the phone to discuss your situation or we can always discuss it through email so feel free to reply back to me at: alexw@gnblending.com ... more
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Sun Sep 13, 2009
Kim Stanley answered:
I've heard some refer to the process of pricing a home as an "Art", but I think it's more like playing pool, only the balls you're trying to hit are all moving while you're aiming at them. As a rule of thumb, here are the things I encourage my clients to consider when I recommend a listing price, in order of priority:

1) What are the Sellers goals? If they need or want a quick sale, the price needs to be attractive enough to bring offers right away. If time is not an issue and they are okay having their home on the market for longer, then the price can be more reflective of what comparable homes have sold for in the past 6 months.

2) What is the condition of the home? Buyers expectations are extremely high today, and they are reluctant to buy a home that needs new flooring, appliances, or other updating. When faced with those choices, some buyers will pay a few thousand more for a home that is totally move-in ready.

3) School quality and crime rate - I hear these 2 issues at the top of the list of more buyers in this market as they decide where they want to search for a home. The Seller can't control either of these, so the listing price of their home has to reflect the desirability of their neighborhood based on schools and safety. Some neighborhoods have had increases in crime recently, and some have actually lowered. Savvy buyers stay on top of these trends.

4) Recent sales of comparable homes nearby - It's important to know what buyers have been willing to pay for similiar homes in the recent past. Average price per sq. ft. is important, but I also look at specific amenities, style, and curb appeal. A well-groomed and easy-to-care-for yard is as important to buyers as what's inside the home.

Ultimately, the price a home is listed for is the Seller's decision. My job is to share my knowledge of the market and help my Sellers define their goals and choices. I would be happy to discuss any specific listings you are referring to and answer any questions you may have, and I thank you for taking the time to post such a great question!

Kim Stanley, SRS, SRES, e-PRO
Broker/Sales
Remax Boone Realty
Columbia, Missouri
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