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Task 4: Market your open house Now that youre an expert on the home, its time to start marketing your open house. Use the information you gathered about the home to develop a hook for your open house marketing. Business cards get lost, and guests are more likely to hold on to a full-page flyer.
Condition and Age of the Property The age and condition of a home directly impact its marketvalue. Renovations and updates can reduce these effects by increasing a home’s market appeal and extending its lifespan. Upgrades and Improvements When touring potential homes, take note of any upgrades and improvements.
Also included are “niche” markets such as bail bonds, propertytax appeals, and many more. Excerpts: The owners of an architectural marvel in New Marlborough, MA, are hoping to reel in $15.5 The most profitable appraisals are for divorces, where you testify as an expert witness at very high fees.
A home appraisal is a legal document that determines fair marketvalue for a property. The appraisal process includes an inspection of the property and research of comparable properties in the local area by a qualified professional.
Architectural style Floor plan and home layout (i.e, Let your clients know how the market will impact competition, home values, and the overall buying strategy. Review comparable sales: Show your clients how a comparative market analysis (CMA) will be used to help them make an offer and determine the fair marketvalue (FMV).
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