PROFESSIONAL 1-HOUR
REAL ESTATE CONSULTATION
NO COST | NO OBLIGATION
As you know the real estate market is a little insane right now, not just in Treasure Valley, but statewide. Other pockets of the US are also experiencing record prices due to unprecedented high demand. Some of this is due to record low interest rates and a growing number of first-time home buyers and buyers who are upgrading.
Idaho is only one of nine US states that are non-disclosure states. The means that the Realtor MLS service does not disclose actual sold prices to the public.
The impact of that is that the prices you find on Zillow and Redfin and other online sources are often grossly inaccurate. Most often low and occasionally well above reality.
When selling, establishing the highest value for your property is often the most critical element.
I will come to you property, do a walk through and take notes and pictures. I will then get on the MLS service and find recent comparable sales in your neighborhood and make adjustments for your property vs comps. I will provide you with a written Competitive Market Analysis indicating my recommendation for pricing of your property.
One problem with our old method of pricing and even appraisals is that in this market, properties are often receiving multiple offers for much higher than the listed price.
A Competitive Market Analysis and an Appraisal both represent the most current HISTORICAL picture of value, but do not predict future bidding wars in this escalating real estate market.
The current practice is to list the property at top CMA value, then provide multiple offers a specific offer acceptance deadline, which allows multiple offers to be received and reviewed. At the end of the period, you the seller, receive the highest and best terms for your property.
You ABSOLUTELY want you home to be exposed on MLS and other online sources to receive maximum exposure to every qualified prospect in the market.
In the past Realtors and Sellers often went to extremes in professionally staging their homes to attain the best possible value and it is still important to put your home on the market with the best potential appeal, but some out of state buyers are buying sight unseen and staging has become less critical than in past lower demand markets.
When I do a thorough walk through, I will make suggestions of things I see that might be modified to make your property both more appealing and more valuable to buyers.
My primary focus in real estate is to assist SELLER’S in listing and selling their properties at maximum value and with the most attractive terms.
If you are buying a home, I have two professional associates that are highly experienced and successful in assisting buyers through a successful buying experience. I would refer both of them to you and allow you to meet and interview both and then select the one that you feel would represent you best as a buyer’s agent.
Read my article called debunking the For Sale by Owner myth. This is not the time experiment with being your own real estate professional. You know what they say about representing yourself as your own attorney. In this market you want maximum exposure and professional representation. Not a good time to try a DIY experiment with the most expensive asset most Americans own!
Kurt Wilkins - Broker/owner, GRI. Licensed in 1974, broker since 1977.