www.MountainHomesAndHorseFarms.com

For Sellers


KEYS TO A SUCCESSFUL SALE.  

THE RIGHT REALTOR:

1)  knows the area well.  As a property owner here in the Colorado mountains, you know that homes and land in this area are not like typical properties in most large cities or suburban areas.  So if a realtor who is unfamiliar with the area tries to determine an appropriate price by looking for "comparable properties" of the same size, location and general characteristics of yours, their results probably won't be really comparable to yours, and their pricing may be too low to give you a fair value, or too high to sell.  We know the area and the recent trends of sales in the areas.  In many cases, we may know details of some of the "comparable" properties may make them similar to or quite different from yours.   These details often include issues such as access, steepness of the property, trees (or lack of them), fantastic views, or damage to the property that wasn't mentioned on the listing.  Our knowledge of Teller and Park County properties allows us to compare your property with similar properties in the area  that have recently sold to help you determine an appropriate list price. 

2) will get to know your property well.  We will tour your home or land with you and get to know it well.  We want to know the best features and views so that we can show potential buyers all the best of your property.  We may spend time with the county, BLM, or other offices to get more information, maps or aerial photos of your property.  And we want to know about any problems with your property as well.  Then we can look into potential solutions are available to buyers.  Buyers want to see the best of the property, and to know that the seller is dealing honestly with them by telling "the whole story".  Honesty is not only our company policy, but it is a great asset in successful real estate sales.  Honesty builds confidence.  People expect that any property will have both positive and negative features, and they feel good about knowing what potential problems may arise and what some options are for dealing with the problems.   

3) will suggest minor improvements, repairs or ways of "staging" your property that will show it to best advantagemost effectively and give you the best chance of selling your property quickly.  Repairing minor cosmetic damage and removing wornout furniture or excess furniture or clutter greatly improve the impression that your home will give to a buyer.  For land, repairing or removing a fence that is falling down, fixing a broken gate, removing a dead trees that spoils your wonderful view, or improving a rutted driveway may make all the difference in getting a sale, or in getting a good price for your land.

4)  will advertise and market your property effectively.  70 to 80% of buyers begin their search for the right property on the internet.  Therefore, our efforts will emphasize internet advertising on the Pikes Peak MLS, MountainHomesAndHorseFarms.com and several additional selected sites.  Unless you request otherwise, we will allow the MLS to allow customer searches of other real estate web sites to bring up your listing.  In addition to internet advertising, we will prepare flyers and/or brochures that can be sent to potential buyers who have requested more information.  We will place a MOUNTAIN BREEZE REALTY yard sign on your property, and include a brochure box, if appropriate.  We may also choose to advertise it in print in local newspapers and/or periodic advertising papers.  And the old addage "a picture is worth a thousand words" is certainly true in real estate.  Believe it or not, some realtors list properties for years without ever bothering to include a photograph.  But we will take photos of your property from various angles inside and out to get some that will show the buyers why they should come to look at your property.  We may need to come back more than once to get photos in different seasons or at different times of day to show your property in the best light.  Whatever it takes, we will try to do the job thoroughly to show your property at its best.

Closing Costs

Closing Costs to Expect:

  • Title insurance fees depend on the sales price of the property.
  • Broker's commission is a full-service fee and typically ranges anywhere between 6% and 10%. 
  • Local property tax.  Your property taxes for the current year will be paid by the new owner next spring.  At closing, you will be charged the taxes for the part of this year that you owned the property and this amount will be given to the new owner to pay the taxes when they come due next spring.   Any unpaid taxes for previous years will also be paid before you receive the proceeds from the sale.
  • Leins.  The title company will pay your mortgage and any other liens (such as mechanics liens or unpaid Homeowners' Association dues) that have been filed against your property before you receive payment for the proceeds of the sale. 
  • FHA fees and costs are all fees are now negotiable between an FHA buyer and seller.
  • Survey costs are usually paid by the buyer, but if the boundaries of the property are unclear and this would cause the buyer to be unsure whether or not the property is appropriate for his plans, you may want to contribute some amount to the cost of a survey.
  • Other prorated costs.  You may receive a credit for items included in the sale that you have already paid for in advance, such as propane, firewood, or rental of a propane tank or satellite service, or for the part of your homeowners' association dues, or trash services that have been paid for in advance.  If you have similar costs that are paid after you actually use the service, you may have to pay for the part of the year you have used the service that the new owner will have to pay for.
  • Miscellaneous costs can accrue from correcting problems noticed during the home inspection.  (The actual home inspection is usually paid for by the buyer.)

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Jerrolynn Kawamoto