how much is my home worth? - wintergrace.org · agent visits your home, studies and analyzes recent...
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HOW MUCH IS MY HOMEWORTH?
BY RUTH LYONS, SACHS REALTY
Ruth LyonsMARYLAND LICENSED REALTOR (#672703)
Years of experienceREAL ESTATE AGENT Feb 2018 - present
REAL ESTATE INVESTOR 2012 - Present
Marketing/Publishing Executive 1985-2014
Masters - Financial Management (JHU)
Bachelor of Science - Business Managemnt (U of MD)
SpecializationsSENIOR REAL ESTATE SPECIALIST
REAL ESTATE INVESTING
AUTHOR: MOTLEY FOOL, INVESTOR JUNKIE
AND OTHER RESPECTED PUBLISHERS
HOWARD COUNTY EXPERT
YOUR HOME'S VALUEIS MARKET-DRIVENLocation
You can't move a home!
Market Conditions
What's the available inventory of homes onthe market? What are interest rates?
Property size and condition
How your home compares to other availablehomes that the buyer would consider.
Online Zillow Estimate
Compiled data - Automated
Market Analysis by KnowledgeableLocal Agent
Analysis of recent market activity of similar homesin close proximity to yours
Appraised Value
Lender required value assessment
What is myhome worth?
Free
Online tool that's free to use
Provides an Indication
Created by automated software that crunches availabledata to estimate home's value.
Output is only as reliable as the input
All homes are unique and those features aren'tcalculated into the algorithm. When was the last timeZillow took a tour of your home?
"Zestimate" Is it accurate?
Free
Most agents are happy to run a Comparative MarketAnalysis (CMA) for you.
How it's done
Agent visits your home, studies and analyzes recentactive, sold and expired listings similar and in closeproximity to your home and makes adjustments to"comps".
A very accurate snapshot
It takes time and skill to properly do a CMA - don't hirea lazy, unskilled agent!
Comparative MarketAnalysis Performedby Local Agent
Costly
$500-$900
How it's done
Inspector visits your home paying close attention tocondition and replacement cost of any deferredmaintenance issues
A very accurate snapshot
Lender required. A conservative estimate of marketvalue in time.
Appraisal byLicensedProfessional
Buyers don't careabout...
What your neighbor sold hishome for a year ago
What you spent onimprovements, upgrades andrepairs
What it would cost to build yourhome today.
How much money you need toget from selling it
What your uncle says he'd giveyou for it as soon as he wins thelottery
Home Salesprocess timeline
Decide to sellDetermine price, prepare homefor showings, marketing
ShowingsOpen houses, offers receivedand negotiated
ContractTitle, loan commitment,inspections, repairs if needed
MoveFinal Walkthrough
SettlementYou get paid!
It's all aboutthe marketing!
Multiple Listing Service Photos, home details, floorpan,agent incentives
Open Houses & ShowingsFlyers, postcards, onlinepromotions to get buyers inside
Online MarketingFacebook, LinkedIn, Instagram,Targeted email campaigns
Video MarketingDrone flyover, professionalvideos and photos, virtualguided tour Print and Direct Mail postcards, mailers, brochures,
My Mission:
for the highest possible price,in the shortest amount of time, with the least amount of hassles.
I will help you sell your home:
CLIENT TESTIMONIALSPatricia Dixon
Maple Lawn
"Without hesitation, I wouldrecommend Ruth. She has theknowledge and expertise otoprice your home properly andnegotiate effectively. Ruthseamlessly handled theinspection and the reasonal andunreasonable requests of thebuyer post inspection."
Barbara Petro
Ellicott City
"Ruth is great. She is helping mydaughter find a home for herand her two children. She iseducating us on the market, ispatient and makes sure we seethe new houses on the marketimmediately. She knows the localmarket and is responsive whenwe contact her."
Mike Stup
Columbia
"Ruth was thorough andattentive during the entireprocess of purchasing my firstinvestment property with her.Her attention to detail as wellas her advice on rehabbingtthe property helped meimmensely. The entiretransaction through to closingwas smooth."
WHEN CAN WE SCHEDULEYOUR FREE HOME VALUE
ANALYSIS?
OR, CALL 443-745-4806 TO SCHEDULE
April 27 April 28April 29April 30
May 1May 2
5 pm to 8 pm9 am to 12 noon5 pm to 8 pm9 am to 12 noon5 pm to 8 pm9 am to 12 noon
Contact details
HERE FOR ALL YOUR REAL ESTATENEEDS AND QUESTIONS...
Website
www.ruthlyons1.com
Mobile phone
443-745-4806
Email address