Cliches don’t appeal. Proverbs don’t please. They’re a collection of lazy words and lazier meanings, are unable to provide clarity; and yet you find them tossed toward you as you seek to sell your home — with the dreaded location, location, location mentioned frequently. It’s a reminder you can’t escape. It’s a saying that won’t relent. And you’re certain it can offer no true relevancy. It is, after all, just an expression.
This is — unfortunately — incorrect.
While all other elements of your life can be dominated by originality, real estate must instead rely on the common adages; and none are more important than the ones that speak of location.
When wishing to price your home you must first be aware of how others perceive it. Potential buyers are seeking many things — and proximity to all of the best attractions and activities is one of them. Neighborhoods are examined for their strengths, dismissed when they can’t provide the wanted amenities; and finding consumers for a weak location is close to an impossibility… unless the cost is lessened.
Dollars must be demanded for a home, but their amounts can waver. Those in craved corners of a town can ask for more than the projected worth of their homes (often increasing the number by 30 percent). Individuals forced to less desirable areas, however, will have to reduce the price — even when they can offer a more solid structure. Proximity defines the total and all must be aware of what their house is truly worth in the eyes of the public.
Real estate is shaped by expressions and you must master them all if you wish to succeed. Understand the cliches to gain the rewards.