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Finding a Buyer for Your Dana Point Home
Once your Dana Point home is ready to show, your agent will list the property in the MLS or Multiple listing Service. Most homes are sold as a direct result of their listing in the MLS, which today also means the home will get extensive Internet exposure. Other ways that your agent will use to find buyers include advertising in newspapers and magazines, holding open house and signage.
Qualifying the Buyer for your Dana Point Property
Either you or your agent will want to weed out potential buyers who cannot afford to purchase your Dana Point home. Items to investigate include the buyer’s debt and credit history, current income and employment, the availability of cash for a down payment, the time the buyer needs before closing on the home and the buyer’s level of interest in your home as compared to other properties.
Dana Point FAIR MARKET VALUE
Setting the right price is an important first step in getting a home sold. Sellers often wonder if they should spend $200 to $400 for a professional appraisal of their Dana Point real estate before placing it on the market.
WAYS TO DETERMINE VALUE IN Dana Point
A professional appraiser's opinion of a property's market value is based on the recent sales of similar Dana Point real estate. Different appraisers could come up with different numbers. Even if all of them agreed on a value, there is no guarantee that you would receive that amount for your property. An alternative to a professional appraisal is to ask a professional Realtor for a written market analysis of your property. This analysis will include information about recent home sales in your neighborhood, as well as how those homes compare to yours.
Dana Point: Art and Science
Buying a piece of Dana Point real estate is a science but buying your Dana Point home is an art. The science part involves getting the legal and financial parts down while the art is finding the Dana Point property that you’ll be happy with.
The total universe of possibilities within the universe of Dana Point real estate is quite diverse but narrowing your search ahead of time will help keep things in perspective.
In general there are two phases to any Dana Point real estate search. In the first phase, you get a feel for the different areas and an idea of what is being offered at what price. In the second phase, you search for the Dana Point real estate that meets all or most of your specifications.
What Makes Dana Point Sell?
The Condition affects its salability and possibly price. Dana Point that is in move-in condition will usually sell for a higher price than a home that suffers from deferred maintenance.
The Home’s Accessibility refers to just that. Is the Dana Point accessible to shopping and local transportation? For some this would be a necessity and for others, the more remote the better.
Marketing Exposure refers to how Dana Point is advertised. Today the Internet is a fantastic way to market a home but it is still true that the best service a listing agent can do for sellers is to promote the home heavily with local brokers and agents. The Internet and other advertising certainly help, but it is still true that in most cases it is the agent that sells the home by making sure the right buyers know about it.
Dana Point ADVANTAGE
The advantages of buying in any particular city or area depend on the buyer’s individual needs. Factors include proximity to schools, work, shopping, recreation, cultural opportunities and health care. Affordability is another important factor. So your first step in considering Dana Point or any other city is to determine which of your needs are met and which are not met.
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