Understanding The Buyer

As the seller, you can control three factors that will affect the sale of your home:

* The home’s condition
* Asking price
* Marketing strategy

However, it’s important to note that there are numerous other factors that influence a buyer, and you need to understand these consumer trends when you enter the sellers’ market. The more your home matches these qualifications, the more competitive it will be in the marketplace. Your real estate agent can advise you on how to best position and market your home to overcome any perceived downsides.

 

Location:

Unfortunately, the most influential factor in determining your home’s appeal to buyers is something you can’t control: its location. According to the National Association of REALTORS(r), neighborhood quality is the No. 1 reason buyers choose certain homes. The second most influential factor is commute times to work and school.

 

Size:

While some buyers want to simplify their lives and downsize to a smaller home, home sizes in general have continued to increase over the decades, nearly doubling in size since the 1950s. Smaller homes typically appeal to first-time home buyers and “empty nesters,” or couples whose children have grown up and moved out.

 

Amenities:

Preferences in floor plans and amenities go in and out of fashion, and your real estate agent can inform you of the “hot ticket” items that are selling homes in your market. If your home lacks certain features, you can renovate to increase its appeal, but be forewarned: That’s not always the right move. Using market conditions and activity in your neighborhood as a gauge, your agent can help you determine whether the investment is likely to help or hinder your profit margin and time on the market.

Truman Fleming

REALTOR®

702 600 8184

Truman Fleming

REALTOR®

Truman Fleming is a relocation specialist with Keller Williams Realty Southwest in Las Vegas Nevada. Since the age of 18, Truman has been a licensed Realtor® and has quickly established himself as a top agent in the valley. Within his first year in the business he was awarded top rookie agent at Keller Williams Realty, and one of the top-producing individuals every following year. Truman primarily focuses on the Henderson part of town and is a local expert on the area. Truman Fleming and Jeremy Day joined forces in 2016 to form VegasParadiseHomes.com. Since teaming up, they have consecutively been the #1 team every month at Keller Williams Realty Southwest.
702 600 8184
Las Vegas, NV

Jeremy Day

REALTOR®

702 349 7089

Jeremy Day

REALTOR®

Jeremy Day is a full-time Realtor and Relocation specialist at Keller Williams Realty Southwest. Jeremy’s passion is helping people find their new home. His primary service areas are Summerlin, Las Vegas (West), and Las Vegas Strip High Rises. Prior to pursuing a career in Real Estate, Jeremy spent over 10 years in the highly competitive pharmaceutical sales industry. His previous sales experience has given him a distinct advantage when it comes to negotiations. Jeremy Day and Truman Fleming joined forces in 2016 to form VegasParadiseHomes.com. Since teaming up, they have consistently been the #1 team at Keller Williams Realty Southwest. Go to my Bio Page »
702 349 7089
Las Vegas, NV

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