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Friday, November 14, 2014

What Sellers in Jacksonville, NC NEED to Know!

The current market conditions in Jacksonville, NC have fluctuated from what they have been, leaving sellers with a big question mark over their head.  This is a list of what sellers need to know!

1. Your Goal
First, figure out what your goal is.  Do you want to break even?  Make money?  Just get out from under it?  Move up?  Move down?
Understanding this will help put things in perspective and from there we can develop a plan to meet your goal!
selling a home in jacksonville nc

2.  What the current market conditions are
In the past few years, new construction has dominated and saturated the market.  That's just not the case anymore, but it's easy to blame the way things are, on the way things have always been.  That's why you need a recent market analysis.  Sellers also need to see and understand the current market trends.
3.  What your competition is
Long gone are the days where you can base your selling price on what you paid for your house or what your neighbor sold their house for last month.  It might give you a ballpark, but it won't give you any clue as to what buyers are looking, or where.  Sellers need a report like this to help understand how much buyer activity has been in the area and in which price range.
4.  How long it will take
absorption rate jacksonville nc sellers need to know
To develop a realistic plan, sellers need to know what the absorption rate is.  "Absorption rate" is a fancy term that means how long it will take something to sell based on how quickly things have been selling.  I use this to help sellers understand how to price, how aggressive to be, and how much competition there is.
5.  The process
No one is born with the knowledge of buying or selling a house.  That's why I'm here.  Sellers need to know the process from beginning to end with updated communication and conditions so that they can make the most informed decisions to get their house sold.

As a seller, what else do you think you need to know to sell your home in the Jacksonville, NC area?  Want an updated market analysis to understand how it effects your home's value?  Click here!  I love a good reason to get out and meet more sellers in the area and help them understand the current market in Jacksonville, NC.

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