Two new Rio Rancho home sales.

Written by Mark T Fiedler - The Mark and Sheila Team
April 11th, 2010

It was a good weekend… 2 contracts successfully negotiated on 2 listings.  The impact of the 1st Timer Buyers Tax Credit is still being felt. Both Rio Rancho homes were in the $140,000 – $165,000 price range. Both homes were only on the market a short time. One for only a few days. Both Buyers are using FHA financing, with little or no downpayment.  This is a fine buying strategy, so long as they stay in the homes long enough to build equity. Too many homeowners have a change of plans long before they overcome the steep costs of selling.

Both of my clients followed the plan – prep the home to be as attractive as possible; price it at market value; let us market the heck out of it.  Great photos are key – that’s why we spend 4 -5 hours or more just on shooting, enhancing, and uploading  still images to the MLS and to various stand alone websites. The goal is to make the home so attractive online that other brokers and buyers will want to see it in person.

Mission accomplished…

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Categories: Real Estate ,Selling a Home

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