Tuesday, November 20, 2012

Seller Secrets: How Philadelphia Buyers Look for Homes

Seller Secrets: How Philadelphia Buyers Look for Homes


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When you’re ready to sell, creating interest among buyers is the first and most critical step. This seller secret to getting your house the attention it deserves. The best houses on the market still need to get their house noticed.The biggest factor in a buyer's search is price. 90% of buyers are using the web to look for homes. Agents use the internet to tell their clients of the best homes. A typical online home search is conducted as the average home buyer enters in just a few search criteria. Price, number of bedrooms and bathrooms. From those three items a typical MLS will return hundreds if not thousands of homes that meet the buyers needs. From that list the buyer and their agent quickly scroll through to find the few homes that they want to visit in person. 

Search results group homes into price brackets or ranges which may be ten thousand dollar or twenty-five thousand dollar increments. These brackets drive what buyers and their agents see is critical in pricing right. When you price your home out of its optimal price bracket a buyer sees homes in the next price bracket which may be larger and have more features and amenities in comparison to your home. Effectively, what you are doing is ensuring that people who are searching in a higher price bracket will find your home among hundreds of other homes that may be newer, bigger, and perhaps have more amenities. Keep in mind that the buyer and the buyers agent are eliminating choices immediately without ever setting foot in the home based only on online descriptions that put your home at a disadvantage. By pricing your home in a higher price bracket your home could be eliminated without ever being seen by the right buyer. Even worse, the right buyers searching for a home just like yours and all that your home has to offer may not even see your home in the search results and wouldn't have the opportunity to make it one of the few they tour in person. To compete and win your house has to offer the most room and amenities for the best possible price compared to competing sellers houses.

Monday, November 19, 2012

The Stats: This Month In Real Estate

The Stats: This Month in Real Estate


Know your numbers! Our lead market analyst at Phoenix for Philly Real Estate breaks down national trends to provide Philadelphia home buyers with useful tips on mortgage rates, home prices, and market stability. Register today to receive market updates about your favorite Philly neighborhoods. Click Here for FREE Copy This Month in Real Estate


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Friday, November 9, 2012