
If you go to Norris Lake, you have to check out the ice cream boat! https://t.co/IGDtLpnuAj
Norris, TN - Selling your vacation home or lake property on Norris Lake takes preparation, organization and professional marketing. Here's everything you need to know to be fully prepared to sell your lake property in Tennessee, from understanding the Norris Lake housing market to choosing a professional Real Estate agent that can handle your lake property listing.
A good real estate agent is worth their weight in gold during the home selling process. Be sure to choose an agent or even better — a lake property specialist who is an expert on all things real estate in your neighborhood and Norris Lake. The agent should know area lake communities on Norris Lake, what vacation home upgrades are necessary to attract buyers and all the intricacies of the transaction. The average agent won't have the detailed knowledge of waterfront properties in your area.
From marketing your lake home for maximum exposure to negotiating a price and closing the deal, hiring the right agent for your needs will get it done right!
Determining the right price to sell your lake property is much more a science than an art. If the price is too high, your house is passed over. Set too low and you stand to lose thousands on the sale. When setting the asking price for a home don't let emotional attachment and other factors unrelated to the home's true market value end up influencing your sound judgement. Letting emotion drive up your asking price is a mistake that can end up costing you big in the end.
Some benefits of pricing your lake property on Norris Lake right include:
- Real estate agents will be enthusiastic about presenting your property to buyers
- Selling faster (because it is exposed to more qualified buyers)
- Doesn't become stale or lose its marketability
The good news is that hiring a lake property specialist on Norris Lake with knowledge in the local real estate market will give you the facts you need to know to make an educated decision on asking price.
Performing a Comparative Market Analysis (CMA) is crucial in determining the fair market value of your vacation home on Norris Lake. A CMA will not only provide you with everything you need to know about about your local housing market but will also include how much similar vacation homes are fetching in your neighborhood and whether you're dealing with a seller's market. Prices for vacation homes that have recently sold in your neighborhood represent what buyers are prepared to pay. Listings that have expired generally are overpriced or poorly marketed.
Hiring a listing agent with years of experience and knowledge of the local Norris Lake, Tennessee housing market makes him or her best qualified to interpret the data and make sound recommendations.
Be sure to budget for all the expenses associated with selling a vacation home on Norris Lake. Typical costs besides real estate agent fees and the cost of a new home are legal fees and disbursements, utility and property tax adjustments, home inspection, repairs and renovations and moving costs.
Have lake property on Norris Lake or surrounding area that you would like to list on the market? Give me a call today to schedule an appointment at (800) 485-1290. Please share your thoughts and comments.
Lake property specialist with over 15 years experience selling waterfront properties. Whether buying or selling lake property, contact me today to discuss your goals on Norris Lake!
Profiles: Google+ About Me | TN Lake Living Speak with me now at (800) 485-1290
745 Ronald Holt Lane - Tazewell, TN
Bedrooms: 3 Baths: 2.00 Sq Ft: 1992 Acres: 700 Price: $5,400,000 |
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395 Lakeview Lane - Andersonville, TN
Bedrooms: 4 Baths: 4.50 Sq Ft: 6485 Acres: 4.11 Price: $1,700,000 |
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935 Flat Hollow Marina Rd - Speedwell, TN
Bedrooms: 3 Baths: 2.00 Sq Ft: 1792 Acres: 0.1 Price: $599,900 |
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149 Blue Diamond Point - Sharps Chapel, TN
Bedrooms: 4 Baths: 3.50 Sq Ft: 3878 Acres: 1.81 Price: $665,000 |
If you go to Norris Lake, you have to check out the ice cream boat! https://t.co/IGDtLpnuAj
First stop on the way was Norris Lake State Park and Dam. https://t.co/ro62KWk7cp
NEW LISTING! 2002 Voyager Express Tritoon w/ 2016 Yamaha 150HP 4-Stroke & Trailer For Sale near Norris Lake, TN - $… https://t.co/nqrQee6f2w
@mkhammer @karr_pe No kidding-Lake Michigan is ice cold in July. Norris Lake in TN though 👍👍
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