Luxury Marketing Plan for your Property Marketing | Page 4

The single most important factor in the marketing of real estate is an opinion of value. Studies show that properties listed for 15% over market value has a 20% probability of sale; 10% over market value has a 30% probability of sale; 5% over market value has a 50% probability of sale. Properties priced right at market value have a 95% probability of sale. Getting the right real estate company and their team to determine the right price is critical to the success of your home being sold. Our team uses the latest in technology to evaluate our clients’ property in preparing a comparative market analysis showcasing the homes’ “True” worth. A property is worth what the buyer is willing to pay for and is normally determined by the basic principle of supply and demand, however, with the right team on your side marketing the property properly we often can create more demand for the homes we represent. We go through a detailed process of discovery with each and every one of our sellers to determine the fair market value of the home. We incorporate the latest in technology to prepare a Comparative Market Analysis which will serve as a barometer of current market conditions and help provide input on how best to sell your property to today’s buyer. The value of a home is based on the following criteria: »» Location of property »» Quality of interior design, construction and landscaping »» Buyer Demand »» Prices of similar properties on the market »» Recent sales of comparative properties »» Availability of Financing