Every Homeowner's #1 Question to Their Real Estate Agent
Planning to sell your TTDI house? Get the most important question on your mind answered by us!
The #1 Question of Every Homeowner:
“How much is my home worth?” Every seller’s greatest fear is selling too low and every buyer’s greatest fear is buying too high.
Here’s how to figure out what’s a fair valuation - and get it!
Survey past and current sale prices in the neighbourhood and complete with info on renovations, extensions, and refurbishments.
Look at past transactions and current asking price in your neighbourhood.
Your real estate agent should be able to advice how many days in the market has the current properties been sitting in the market at the current ask price. This should give you an indication of what’s the fair market value.
Why is this important?
The type of renovation, extensions and refurbishments done to the unit is important because it impacts the buyers’ overall cost of buying a house in a matured neighbourhood. In more recent neighbourhoods, the buyers don’t worry about the wiring, plumbing and general wet works but for neighbourhoods like TTDI that are over 40 years old, these are usually the areas that are necessary and the most costly.
So if your house has been renovated, be sure to compile a list of renovation done and when it was done. The more recent it’s done, the better the value it’d add to your house.
However, aesthetic renovations are very subjective. The more heavily renovated the house, the longer it might take to sell the house because the general price of the house will increase but not all buyers will like it.
And this is why every house in TTDI is unique, so be sure to compare apples with apples.
The value of the house depends on the area it is located. Every area in TTDI has its own unique selling point and thus, appeals to different people.
To understand what the preferences are and how it impacts the value of your house, don’t be afraid to speak to your local real estate agent.
Next, keep yourself in the loop with the performance of your listing.
Your real estate agent should be able to provide all analytics and data related to their marketing activities related to your property.
As the community relies increasingly more on digital media for marketing, all backend marketing including the cost of marketing should be readily available.
So if your house sits on the market for far too long, you should be able to evaluate whether it’s because there isn’t enough marketing or because it is not priced correctly.
By making educated decisions about your house with our monthly update report. Leave no room for guessing games.
This is why at Yin Homes, we consider our relationship with every single home owner as a business partnership.
We meet once a month to discuss and evaluate collectively how we should constantly move forward to ensuring your house gets sold within a preferred timeframe at an optimum price.
We have 8 years’ experience in residential pre-owned homes with an experience of managing up group sales of up to RM300 million per annum. This means that we are here to assist and support you in making one of the most important decisions of your life : Selling your TTDI house.
Curious to know more? Drop us a message here or WhatsApp +6017 368 3118 to get a FREE market research report on your TTDI house!