Selling your Martha's Vineyard Home
Hundreds of existing homes are sold each year on Martha's Vineyard, and while each transaction is different every owner wants the same thing - the best possible deal with the least amount of hassle and aggravation.
Unfortunately, home selling has become a more complex business than it used to be. With the amount of paperwork now required and the range of environmental concerns selling your home without a broker can be fustrating. More importantly, the home-selling process has changed. Buyer brokerage - where REALTORS® represent homebuyers - is now common nationwide, and good buyer-brokers want the best for their clients. So not have a real esate professional representing your best interests can make the process even thougher.
The result is that while many Martha's Vineyard homes are sold each month, the process is not as easy for sellers as it was five or 10 years ago. Surviving in today's real estate world requires experience and training in such fields as real estate marketing, financing, negotiation and closing, The Island Group has over a quarter century of experience in Martha's Vineyard Real Estate, we understand the changing real estate market on Martha's Vineyard..Are you ready to sell you island home?
The home-selling process typically starts several months before a property is made available for sale. It's necessary to look at a home through the eyes of a prospective buyer and determine what needs to be cleaned, painted, repaired and tossed out.
Ask yourself: If you were buying this home what would you want to see? The goal is to show a home that, maximizes space and attracts as many buyers - and as much demand - as possible.
While part of the "getting ready" phase relates to repairs, painting and other home improvements, this is also a good time to ask why you really want to sell.
Selling a home is an important matter and there should be a good reason to sell - perhaps you want to upgrade your island home or the need for more space. Your reason for selling can impact the negotiating process so it's important to discuss your needs and wants in your realtor.Your Martha's Vineyard Home Value
The market tells you what your home is WORTH!
The Island Group on Martha's Vineyard will prepare a comparative market analysis for your Martha's Vineyard Property to establish an asking price for your Martha's Vineyard home. Our comparative market analysis is free with no obligation to sell your Martha's Vineyard Home.
The current value of your Martha's Vineyard home is the highest price that the island market is willing to pay. To assist you in determining the correct asking price The Island Group will analyze the total market in your any Martha's Vineyard town and compare the statistics of your home to that analysis. A market analysis is based on homes that can be considered as similar to yours, and is divided into four categories.
1. Similar properties that are currently listed.
2. Similar properties that have recently sold
3. Similar properties that have sales pending
4. Similar properties that failed to sell
By carefully studying the comparable property locations, features, and the terms under which they are offered, I can develop a clear picture of the potential market for your property.
By looking at the properties currently listed we can see exactly what alternatives a serious buyer has to choose from. With that information we are basically checking out the competition.
By looking at similar properties recently sold, we can see what homeowners have actually received over the last few months. This is the most important information in the whole analysis as it shows what someone ACTUALLY PAID for a property similar to yours. This is also the information the lending institutions use to determine how much they will be willing to lend a buyer for your home.
While we naturally want top market value for the home, we can agree that there is a point where the price would be too high. By looking at homes that are similar to yours that did not sell, we can accurately determine that price point and be careful not to get too close to it.
Through a careful analysis and aggressive marketing plan The Island Group will sell your property quickly and at the highest possible price. If you have any questions or would like The Island Group to prepare a FREE-NO OBLIGATION- market analysis for your Martha's Vineyard home please email The Island Group
or call me on my cell at (800) 323-9907