Home Selling Tips | Wheatworks Blog: Financial Matters

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Seven Strategies to Get Your Property Sold

9/26/2007, 7:17 pm

A new article titled, “Seven Strategies to Get Your Property SOLD in a Slow Market“, has just been added to the MoneyToys™ Real Estate Article Library.

Written by John Allen of Allen Real Estate Services, Inc., in Sarasota, Florida, the article offers suggestions home sellers can use to enhance their opportunity to sell in a slower market. John’s web site is at www.buysarasota.com.

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Home Selling Calculator Available from Wheatworks.com

9/17/2007, 5:19 pm

New! Home Selling Calculator is the latest real estate calculator from Wheatworks Software, LLC. Home Selling Calculator, $39.95 USD, shows how the time a house is on the market impacts the home seller’s potential profit.

Home Selling Calculator accepts a homeowner’s financial values related to selling a home, calculates the monthly carrying costs and shows the homeowner how long a house can stay on the market at a range of sales prices while allowing the seller to make a profit. If a profit is not possible, Home Selling Calculator shows the loss.

Selling a house for a profit is not easy in a falling real estate market. Setting a good selling price may be counter-intuitive. No home seller wants to start low because it is difficult to raise an asking price. However, it may be better to start with a lower asking price when selling into a slow market.

There are numerous ways a homeseller can determine a desired sales price. Some choose the “I want as much as I can get”, bottom line price based on a desired profit. Others seek professional help when determining a home sales price. Some explore the local housing market, comparing the house they wish to sell to similar houses.

Whatever method one uses to determine a desired sales price, home sellers often fail to consider the house’s carrying costs that will accumulate before the house sells. Carrying costs are the financial alligators that take large, monthly bites out of the seller’s profit while a house is on the market.

Home Selling Calculator shows clearly how these monthly carrying costs eat into expected profits from selling a house. While it will not tell a home seller what price to set on a house, it shows the consequences of carrying costs on the sales price over time compared to other sale prices.

Home Selling Calculator is WindowsÂ®-based and runs on Windows 2000, Windows XP Home and XP Professional, and Vista. Home Selling Calculator includes a Home Inspection Form to help you understand what buyers may be looking for when they look at a house and a Mover’s To Do List which helps a home seller prepare for their move into another home.

Home Selling Calculator may be purchased for $39.95 USD. Site licenses and volume discounts are also available for real estate professionals. This release (version 1.1) of Home Selling Calculator is a free update for registered users.

A fully-functional evaluation version of Home Selling Calculator may be downloaded from http://www.wheatworks.com/hscsetup.exe.

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