Information for Sellers
This site is small in its scope. In order to accomplish our goals, we have made the site as simple as possible. To view Sue's current listings, keep scrolling. If you wish to visit other Real Estate sites or visit some Black Hills links, follow the links we have posted on the right.
Se habla Espanol. Si Usted necesita informacion en Espanol, por favor envie nos un correo electronico a: remaxsue@rap.midco.net o haga clic a la izquierda en el vinculo email. Gracias por sus atenciones. Tambien lo siento que Usted no puede ver los acentos, nuestro sitio no soporte estas estucturas.
Sue Drysdale is one of the Black Hills most experienced agents. She has been selling homes in the region for twenty years. Below, we are providing information on a few of the most important things to take note of when selling your home in any region. We are willing to provide a current market analysis of your home. Please follow this link to request one for your home. Please email for more information.
Realistic Pricing
This is probably the most important step in selling your property. Realistic prices sell homes, period. Buyers are aware of how long a property has been on the market. If a property takes a long time to sell, buyers usually attribute that to overpricing. Overpricing reduces the response to any merchandising done for the property, and will not produce results.
Buyers look at prices on many comparable properties. If your property does not compare favorable, it won't sell. Proper pricing will produce an early sale. Buyers avoid overpriced homes, and usually do not choose to look at them. If overpricing delays a sale, the cost and inconvenience could be prohibitive.
Explanation of Fair Market Value
Market value is the price at which a willing seller will sell and a willing buyer will buy, neither individual being under unusual pressure. Fair market value is the highest price a property will bring in a competitive and open market.
There are three methods for determining market value. They are income approach, replacement cost, and the market approach. In Rapid City, the market approach is used most often for determining residential property value because it has proven to be the most reliable indication of value.
A major step in establishing the fair market value is to examine comparable home sales: completed transactions that resemble yours as closely as possible. After gathering this data, I compile a competitive market analysis which lists several home sales in or around your neighborhood. The analysis includes such items as (1) a description of each home; (2) how long each home was on the market; (3) the asking price; (4) the eventual sale price; and (5) a comparison of each home with yours (style, size, physical condition, etc.). In addition, a list of homes currently on the market in your area and the price of each will be examined.
Based upon the competitive market analysis, you can decide on the price you want to ask for your home. However, the idea of starting high so you have room to come down should be studied very carefully. Most buyers borrow money to buy a home. The lending institution nearly always requires that the home be appraised to insure a fair market value. The sale could fall through if the property is priced unrealistically.
Finally, the fair market value assumes the price will not be affected by undue circumstances. Factors that might cause you to set a price less than the fair market value include: (1) the lack of buyers in the market place (perhaps due to a poor economy or the season of the year); (2) an increase in inflation, which causes buyers difficulties when negotiating a loan; and (3) the need for you to sell immediately.
Once we have made the competitive market analysis and determined a price you believe is fair based upon all of the information reviewed, you can be assured I will make every effort to sell your home at that price.
Showing Your Home
Living Areas
Fix all cracks, nail-pops, and visible seams in plaster. Check ceiling for leak stains. Fix the cause of the damage, repair, and repaint ceiling. Use conventional white and neutrals if re-decorating. Clean out fireplace, stack logs inside to make it look inviting. Wash all windows, repair broken glass, and windows that stick. Replace all burned out lightbulbs and use higher wattage bulbs. Make sure all light switches work. Clean all floors and fix any creaking boards or stair treads. Straighten out closets, get rid of clutter to make them appear larger. Fix squeaking doors with oil, spray with room deodorizer to eliminate musty smells. Fix doors that stick by rubbing a block of paraffin wax against the edge. Rub tracks of sticking sliding doors with candle wax.Bathroom
Repair dripping faucets. Display fresh towels, guest towels and soaps. Remove stains from toilets, sinks, bathtubs. Keep mirrors and all chrome shining. Unclog sink and bath drains so water drains quickly. Replace old caulking around tub.Basement, Attic, Garage
Dispose of all objects you will not be taking with you when you move, and box all others neatly to make area look spacious. Make sure the basement stairs are well-lighted. Paint ceilings and walls of basement in a light color if they are gloomy. Repair cracks in the basement or garage floor with ready-mix concrete. Vacuum garage floor and rafters.
Kitchen
Make room bright and attractive. Paint cabinets. Scrub the ventilating hood over the stove. Put down new flooring if the current
tile is badly worn. Replace broken or missing tiles, re-affix loose tiles. Stow all counter-top appliances in cabinets to make the space look
larger. Clean counters. Leave a delicious smell in the kitchen: potpourri, cinnamon-apple tea, etc.
When Your House Is Being Shown
Keep room draperies and shades open to let in light. Turn on porch light and any outdoor lighting if house is being shown at night. Keep rooms neat and avoid clutter. This will make rooms look larger. Keep sink and counters clear of dirty dishes. Keep all toys in the children's room, and all bikes, wagons, or skateboards stowed away. Turn off radio, stereo, or TV. Refer any direct inquiries about the house to your real estate agent. Take advantage of her professional skills in selling homes. Keep pets outside when your house is being shown. Avoid questioning potential buyers, and let the agent do most of the talking. Answer candidly if asked a direct question. When possible, leave agent alone to sell your property. If you cannot leave, be friendly and inconspicuous.
Marketing Plan
My Objectives
To get as many qualified buyers as possible into your home until it is SOLD.
To communicate with you all results of all activities.
To assist you in getting the highest possible dollar value for your property with the least amount of problems in the shortest possible time.
Marketing Process
Market Analysis - Provide Comparative Market Analysis to determine most effective price.Estimate of Proceeds - Furnish seller with estimate of net proceeds from sale of home.
Place ReMax sign and key box on the property.
Take photographs for the Multiple Listing Service, marketing flyers, and advertising.
Process Listing Information - Entry of data into Multiple Listing computer.
Mail "Just Listed" cards to surrounding homes in the neighborhood.
Schedule caravan of ReMax agents to preview the home.
Order the utility information for the home with copies to be kept in the home on the brochure stand.
Locate and copy survey (if available) and covenants (if applicable).
Prepare color marketing flyer with property description and facts.
Place copies in the home for use by agents showing the home.
Advertise in the Home Journal monthly.
Display flyers in lobby area of ReMax.
Provide information to out-of-town buyers.
Prepare mailing packages.
Schedule open house if desired by seller.
Promotion of property at weekly Remax sales meetings.
Request a Current Market Analysis
Site Information
Buy and sell with confidence as her reputation is very important to her. This site is here to help you find information on the Black Hills, surrounding areas and information on buying and selling your home. Feel free to email for a current market analysis, information on listing your home or simply to inquire on the status of the properties listed here. You can also request to see properties listed here or elsewhere and Sue is more than willing to schedule time for people interested in the Black Hill's Market. All you have to do is let us know how we can help.
Information contained herein will assist buyers and sellers, provide interesting links on the local region and current offerings from Rapid City and the Black Hills. We have added a very nice mortgage calculator for prospective buyers due to demand. You can utilize it Here!. Also, please check back often for updated listings, current Black Hills information and more dynamic content.
Rapid City and the Black Hills offer people a nice alternative to the 'hustle and bustle' of today's major metropolitan areas. The Real Estate market has avoided the recent housing bubble with stable and affordable home prices. This market also offers people a wonderful escape for any number of reasons. The state is ranked toward the bottom in state populations, considering there are still fewer than one million inhabitants. The state boasts home ownership rates around 70%. This statistic is courtesy of the 2004 Census Bureau Report. The state ranks 49th in the Nation in crime, according to the FBI's 2003 statistics.
Sue Drysdale is one of the Hills most experienced agents with more than twenty years selling real estate in the Black Hills area. She boasts a Broker's License and several awards based on her performance. Buy or Sell your home with confidence. Sue Drysdale will stake her reputation as a top agent on it. Sue has been investing in Real Estate for the last 20 years, so if any of the properties listed here interest you, Sue can offer just what you need. Her expertise can aid you in your search for future investment properties, a new home, or even a pleasant first time home buying experience. By the way, thanks for taking the time to visit our site and dont hesitate to contact us with even the smallest questions.
