Seller Information

Selling your home

If it is your first time selling your home, you may not be aware of how complicated the process can be. Real estate agents are trained to help sellers through every detail. The Raver Team will help you prepare your home, create a marketing plan, and ultimately close the sale of your home. To ensure you succeed in selling your home, we will go the extra mile. To help you find the most economical method available, we offer multiple listing options. You can be involved in the entire process as much as you wish.

We will evaluate your home and suggest possible home improvements to help draw buyers in, formulate a realistic price range for your home, and recommend the best way to proceed. We will also provide support in the following ways:

• Explain the selling process to you, step-by-step.
• Provide a comparative market analysis.
• Formulate the list price and target price.
• Strategically market your home to potential buyers.
• Maintain open communication with you throughout the process.
• Layout the purchase agreement.

What Price Should You Ask for Your Home?

Because you want to sell your home for the highest possible price, we will do extensive research into today’s real estate market to determine what is possible for you. Here are a few indicators that are all factored in when setting the selling price.

Recent home sales of comparable homes. The trends of the market are determined by evaluating the homes that have recently sold in the area. This tells us the amount that current buyers are willing to pay at this point in time.

How much the buyer can afford. Only those buyers who can afford the monthly mortgage and down payment will look at your home.

Current market trends. Your home will sell in line with the selling price of homes in your area that have recently sold.

Knowledge of buyers. Since most people look at many homes and compare them, they know whether your asking price is reasonable. If you are asking too much, your potential buyer will lose interest very quickly.

Willingness to negotiate. If you start off with an outrageous asking price the potential buyer will most likely respond with an unreasonably low offer.

Pricing competitively. To sell your home quickly and at the best value, you must competitively price your home for the terms and conditions of the Albuquerque real estate market.

Marketing Your Listing

Whether you will be able to sell your home quickly and at the highest price possible depends on three important factors, pricing, financing, and timing.

Price

A home competitively and reasonably priced will sell quickly. In contrast, if the asking price of a home is set too high, it may sit for many months on the market. In general, buyers will not pay more for a home, than it is worth.

Financing

No matter how much a potential buyer loves your home, if they cannot get financing they will not be able to buy it. Sellers have the ability to offer financing opportunities at lower market interest rates. This could give a buyer an opportunity they may not have had otherwise. Speak with your financial advisor about your options.

Time

If it is important for you to sell your home quickly, you list your home at a reasonable price. Homes priced above the market value take much longer to sell.

Your Homes Value

The Raver Team offers free Home Evaluation reports for those interested in selling their home. Drawn up by a Real Estate Agent, this report compares your property to other properties on the market with similar characteristics. The agent gathers data for homes that have recently sold or are currently listed for sale either in the Multiple Listing Service (MLS) or For Sales by Owner (FSBO). This report is not an appraisal, but an estimate of the value of your home based on its condition and characteristics and the value of similar homes in your area.

Since Albuquerque’s real estate is constantly changing, a Home Evaluation will help you figure out your home’s value in today’s real estate market. To get the process started, please provide some information in the following form. When your estimate is complete, we will mail or email the Home Evaluation report directly to you. We can then set up a free consultation to review the report with you and answer your questions.