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The
Hendrickson Team provides 10+ years in experience, knowledge and
networking skills to give you an advantage in marketing and selling
your home in today’s market.
Advising you on how to prepare and price your property as well as
finding a qualified buyer are just part of what we can do for
you. We would be pleased to meet with you at your property to
review with you what type of things you could to do prepare your
property for sale and to make it more attractive to potential
buyers. Many of these things can be done at very little cost but
can significantly improve the value of your property.
Our goal of full service commitment is to sell your house for the most
money, in the shortest amount of time with the greatest convenience for
you.
Our comprehensive marketing plans include:
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Regional Multiple Listing Service
(RMLS) – Listing your home in this newly expanding service that
is used by 10,0000+ agents.
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Listing Preparations – We will
counsel you on how to best prepare your home for selling to maximize
your profits at closing. (Staging, etc.)
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Virtual Tour - 360º tour of your
home on the internet brings more web traffic to your listing.
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Color Brochures –
Professionally designed and printed brochures that accent your
home’s features are created for potential buyers and other
agents.
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Classified Ads/Star and Tribune
Advertising – Picture and open house real estate ads are placed
strategically in the Star and Tribune paper. (If a local paper is
strong in your neighborhood we will advertise there as well.)
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Realtors’s Tour and Open House
– We will hold your house open for a real estate agents inviting
them to preview your home. This has become a popular Tuesday -
lunch event for many markets in the Twin Cities.
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Direct Mail Advertising –
providing a postcard service featuring your home.
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Targeted e-mail marketing –
featuring your home.
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Networking – Promoting your
home with other agents and potential buyers.
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For Sale Sign – Display a For
Sale sign prominently in your yard to promote your home.
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Lock Box – Placing a lock box
at your door to make the keys are securely available to other real
estate agents who will show your home.
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Feedback Calls – Follow up with
agents who have shown your home and get opinions on their buyers
interest in your home.
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Weekly Reports – Communicate
with you at least one a week to update you on the marketing activity
and feedback.
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Walk you through SOLD –
Continue to follow-up with all the necessary paperwork that takes place
between the sale of your home and the closing date.
RMLS
Update for Sellers
We
are in the "buyers" market!
What
does that mean for home sellers? When there are more homes for
buyers to choose from, the market becomes more competitive. It
becomes critical that your home shows as well as possible
(“staging”) and that the asking price is carefully
established to be sure it is competitive with other similar homes in
the area in the current market.
In a “buyers market”, homes that are “staged”
well and priced competitively will sell first and those that are not
“staged” well or are not priced competitively will stay on
the market longer. If you are considering selling or buying a
home and would like assistance in the staging or assessment of your
home’s market value please contact us at info@hendricksonteam.com
or 612-669-3679.
Absorption Rate is an index used by the National Associations of
Realtors® (NAR, www.realtor.org)
to describe the condition of the real estate market. It reflects
both of the number of homes that are on the market and the average
length of time for the homes to sell. Absorption Rate is defined
as the number of months it will take for the supply of homes that are
available at a given point in time to sell. An increase in the
absorption rate remains that there are more homes for sale and they are
taking longer to sell. The Absorption Rate will vary by
geographical area, by asking price range, and by other variables such
as the number of bedrooms and home style.
The National Association of Realtors believes the Absorption Rate
defines the overall market condition as described below:
Absorption Rate = Type of Market
2-3
months
Seller’s Market
4-5
months
Balanced Market
6+ months
Buyer’s Market
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