Tuesday, November 26, 2019

December Lake of the Ozarks Real Estate Update


Fool’s Gold :
Name given to iron pyrites, which looks a little like gold but is worthless
The ‘biggest liar gets the listing’ is a common thought among real estate agents.  In order to gain a listing, agents have an incentive to inflate a home’s value.  Sellers often think their home is worth more than market value, and every homeowner wants to receive the highest price possible, who wouldn’t?
Unfortunately, when a homeowner interviews agents as part of the listing process, they tend to gravitate toward the one who agrees to the highest price necessary to get the sellers to sign.   Sellers are in for a harsh reality when their home is overpriced.  It will linger on the market and sell for less than it would have if properly priced and marketed correctly from the onset.
You should always hire an agent and brokerage that will put your best interests above “getting the listing”.  Armed with an honest pricing evaluation and customized marketing plan; you’ll attract the highest number of qualified buyers.  You’ll also create the greatest opportunity to sell your home for top dollar.
When interviewing an agent, focus on their track record, reputation in the community, marketing plan, negotiating skills and wide range of services necessary to handle the sale of your home.  The designated broker is who your listing contract is really with, so check out the broker behind each agent.  Choose professionals who are dedicated to real estate as a career and who reside full time, year-round at Lake of the Ozarks.  We can handle a great deal via technology but real estate still requires showing up in real time and being available when clients and customers need assistance.
Our limited, first-class inventory enables us to provide personal service to each client.  Priced correctly and marketed expansively, our listings are only on the market for a short time.
For almost 40 years, C. Michael Elliott & Associates have done things the right way.  We will present a strategy for pricing and the best way to debut your home into the marketplace. If you are preparing to sell, call us for an interview appointment before you make any decisions about listing your property.
      Michael Elliott has been selling real estate at the Lake of the Ozarks since 1981.  He is one of the most respected brokers in the area.  If you would like to work with Michael in the sale or purchase of property, or have interest in a career in real estate, contact him at 573.365.SOLD or cme@yourlake.com  or stop by C. Michael Elliott & Associates, 3738 Osage Beach Parkway.  View thousands of lake area listings at www.YourLake.com.  You can also view each months’ article, ask questions and offer your opinion on Michael’s real estate blog, www.AsTheLakeChurns.com