Is Your Home Market Proof, or Can You Expect a Bumpier Road Ahead Navigating Today’s Real Estate Market?
The term Buyer Pool refers to the number of Buyers to whom your home may be attractive. If we think you have a large Buyer Pool, it means we believe your home is attractive to a large audience of all ages and should sell quickly, which typically means competition. Essentially, your home is market-proof. If we think you have a small Buyer Pool, it means it may take some time to find the right Buyer for your property, possibly meaning no competition and an excellent opportunity for Buyers. Unfortunately, your home’s value may be affected in today’s changing market if you are in this category. Once we have identified the size of your Buyer Pool, together we can plan accordingly to determine the best possible strategy for your home.
To further assess the Buyer Pool for your home, we evaluate the following:
- Single-story, two-story, three-story, or multi-level
- Lot utility (upslope, downslope, or flat)
- Steps in the house and to the front door
- Floorplan – traditional, unusual, bedrooms grouped together, or bedrooms separated
- Entrance location
- Style of the home
- General condition
- Current or dated interior design
- Condition of neighboring properties
- Is the home a less desirable house on the street or the best house in the neighborhood?
- Work commute
- Busy or quiet street
- School district and proximity to schools
- Road noise
- Proximity to power towers or heavy power lines
- Easements and restrictions
We have 18 years of experience and the ability to make a difference in your sale or purchase! We look forward to discussing the target audience for your home or helping you determine how competitive your home may be.
Dana & Team