HOW MUCH IS MY HOME WORTH? BY RUTH LYONS, SACHS REALTY Ruth - - PowerPoint PPT Presentation
HOW MUCH IS MY HOME WORTH? BY RUTH LYONS, SACHS REALTY Ruth Lyons MARYLAND LICENSED REALTOR (#672703) Years of experience Specializations REAL ESTATE AGENT Feb 2018 - present SENIOR REAL ESTATE SPECIALIST REAL ESTATE INVESTOR 2012 -
BY RUTH LYONS, SACHS REALTY
MARYLAND LICENSED REALTOR (#672703) Years of experience
REAL ESTATE AGENT Feb 2018 - present REAL ESTATE INVESTOR 2012 - Present Marketing/Publishing Executive 1985-2014 Masters - Financial Management (JHU) Bachelor of Science - Business Managemnt (U of MD)
Specializations
SENIOR REAL ESTATE SPECIALIST REAL ESTATE INVESTING AUTHOR: MOTLEY FOOL, INVESTOR JUNKIE AND OTHER RESPECTED PUBLISHERS HOWARD COUNTY EXPERT
YOUR HOME'S VALUE IS MARKET-DRIVEN
Location
You can't move a home!
Market Conditions
What's the available inventory of homes on the market? What are interest rates?
Property size and condition
How your home compares to other available homes that the buyer would consider.
Online Zillow Estimate
Compiled data - Automated
Market Analysis by Knowledgeable Local Agent
Analysis of recent market activity of similar homes in close proximity to yours
Appraised Value
Lender required value assessment
Free
Online tool that's free to use
Provides an Indication
Created by automated software that crunches available data to estimate home's value.
Output is only as reliable as the input
All homes are unique and those features aren't calculated into the algorithm. When was the last time Zillow took a tour of your home?
Free
Most agents are happy to run a Comparative Market Analysis (CMA) for you.
How it's done
Agent visits your home, studies and analyzes recent active, sold and expired listings similar and in close proximity to your home and makes adjustments to "comps".
A very accurate snapshot
It takes time and skill to properly do a CMA - don't hire a lazy, unskilled agent!
Costly
$500-$900
How it's done
Inspector visits your home paying close attention to condition and replacement cost of any deferred maintenance issues
A very accurate snapshot
Lender required. A conservative estimate of market value in time.
What your neighbor sold his home for a year ago What you spent on improvements, upgrades and repairs What it would cost to build your home today
.
How much money you need to get from selling it What your uncle says he'd give you for it as soon as he wins the lottery
Decide to sell Determine price, prepare home for showings, marketing Showings Open houses, offers received and negotiated Contract Title, loan commitment, inspections, repairs if needed Move Final Walkthrough Settlement You get paid!
Multiple Listing Service
Photos, home details, floorpan, agent incentives
Open Houses & Showings
Flyers, postcards, online promotions to get buyers inside
Online Marketing
Facebook, LinkedIn, Instagram, Targeted email campaigns
Video Marketing
Drone flyover, professional videos and photos, virtual guided tour
Print and Direct Mail
postcards, mailers, brochures,
Patricia Dixon
Maple Lawn
"Without hesitation, I would recommend Ruth. She has the knowledge and expertise oto price your home properly and negotiate effectively. Ruth seamlessly handled the inspection and the reasonal and unreasonable requests of the buyer post inspection."
Barbara Petro Ellicott City
"Ruth is great. She is helping my daughter find a home for her and her two children. She is educating us on the market, is patient and makes sure we see the new houses on the market
market and is responsive when we contact her."
Mike Stup
Columbia
"Ruth was thorough and attentive during the entire process of purchasing my first investment property with her. Her attention to detail as well as her advice on rehabbing tthe property helped me
transaction through to closing was smooth."
WHEN CAN WE SCHEDULE YOUR FREE HOME VALUE ANALYSIS?
OR, CALL 443-745-4806 TO SCHEDULE
April 27 April 28 April 29 April 30 May 1 May 2 5 pm to 8 pm 9 am to 12 noon 5 pm to 8 pm 9 am to 12 noon 5 pm to 8 pm 9 am to 12 noon
HERE FOR ALL YOUR REAL ESTATE NEEDS AND QUESTIONS...
Website
www.ruthlyons1.com
Mobile phone
443-745-4806
Email address
RL@sachsrealty.com