![]() Otherwise, working with your agent and doing a little research will give you the information you need to price your home appropriately. You can splurge for an appraisal if your house is very unique (think built by hand, or a log cabin) or if you’re emotionally attached to your home. Websites such as Redfin are helpful for estimating the market value of homes that aren’t even on the market and for viewing the list prices of those that are.Ĭomparing your home to others is just one part of calculating your home’s value. Research the local housing market to see what similar homes in the area are selling for. How many homes have you closed in my neighborhood?ĭo you tend to represent more buyers or sellers?Ĭan you ensure I will be able to review all documents prior to signing?īefore jumping into an appraisal and slapping a price on your home, conduct your own comparative marketing analysis (CMA) to discover your home’s value. Which neighborhood do you usually work in? ![]() ![]() What is your marketing strategy for my home? Will you offer virtual tours to prospective buyers? What is your average list-to-sales-price ratio? Here are the most important questions to ask when interviewing your potential agent: Ideally, you’re looking for an agent with a proven success rate selling homes in your neighborhood. You’re going to be working closely with this person so trusting their expertise is crucial. If you decide to hire a real estate agent, do your research. With a real estate attorney, you’ll be sure to have representation with high ethical standards to help guide you and negotiate through the process. This is one of the largest sales of your life. Even if you have a legal background, hiring a lawyer will give you a degree of separation from a potentially emotional experience. If you decide not to hire an agent and opt to sell the home yourself, absolutely hire a real estate lawyer. Various states have a maze of laws and regulations, and you’ll be happy to have a knowledgeable attorney on your side, protecting you throughout the selling process. Even if your state doesn’t require it, hiring a real estate attorney is highly recommended. We recommend hiring a real estate agent to help you sell your home and to give you insight into the market.ĭepending on the state and region you live in, you may be required to hire a real estate lawyer. With everything on your home seller checklist, finding the time to market, repair, and stage your home might be too much. To ensure you get the best price for your home, take care of these items before advertising your home. You might be tempted to list your home right away, but there’s a lot to check off your home seller checklist before your home even hits the market. There’s plenty to do so, let’s get jump into your home seller checklist! ![]() From hiring an agent to closing day, we’ve got you covered. ![]() This home seller checklist will keep you on track and ahead of the game. Numerical studies are conducted to show the benefit of the preselling strategy.We know how stressful selling a home can be, but it doesn’t have to be confusing. We propose a preselling-based incentive scheme that consists of a pre-ordering contract and a bidirectional compensation contract to motivate the manufacturer to increase production quantity and coordinate the supply chain. Optimal pricing and quantity decisions involved in the supply chain are studied. Finally, market demand is realized and satisfied by the inventories of the retailer and/or the excess inventory of the manufacturer. Given the amount of on-hand cash, the manufacturer determines the amount of cash to be borrowed from a bank (if necessary) and the quantity of products to be produced. The retailer determines the advance ordering quantity and then pays the manufacturer. As a game leader, considering the interest costs associated with bank loans, the manufacturer first determines the discount rate for the presale. We investigate the manufacturers optimal mix of financing strategy with preselling by studying a three-stage Stackelberg game between the supply chain members. Due to long production lead time and high cost associated with bank loans, the manufacturer considers offering products at a discounted price, before production starts, to the retailer to raise the necessary cash for production. In this paper, we consider a supply chain that consists of one manufacturer and one retailer. ![]()
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