Tim Garrity Property Sellers in Philadelphia, PA
Seller Clients
Tim’s 6 Step Listing Process
Sell Your Home with Tim Garrity
1) Local Agent Brand: Not only did Tim grow up in Greater Philadelphia, but he spent half of his life in the city and half in the suburbs. He also went to grade school, high school, and college locally, which strengthened his network. Professionally, he has worked in the real estate industry for 20+ years, with experience in mortgages, new construction, and residential real estate sales.
2) Market Knowledge: Tim Garrity knows how to sell a home. Not only is he an excellent reader of people, but he has a deep understanding of value and economic conditions. Through the use of good tech and strategic marketing, Tim dissects local markets to understand why neighboring homes are selling at the prices they are, as well as in the amount of time that they are.
01
Comparative Market Analysis: Complete an in-depth analysis of your home, as well as current real estate statistics and market trends.
02
Preparing Your Home: Prepare a plan to show your home in its best light: professional cleaning, decluttering, painting, etc.
03
Listing Your Home: The process of marketing your home: sign, lock box, professional photos + video, listing description, etc.
04
The Selling Campaign: 1) Publish your property online; 2) Promote the listing through our network of agents and buyers; and 3) Advertise through email/text, social media, signage, local channels, etc.
05
Receiving an Offer: 1) Analyze, present, and advise on all offers; 2) Supervise the process from contract-to-closing with my transaction team; and 3) Communicate regularly and answer all questions timely.
06
Closing: Assure that all final numbers and details have been addressed, and allow for a smooth closing.
“Owning a home is a keystone of wealth ... both financial affluence and emotional security.”
FAQs
How do I know the exact value of my home? Should I refer to a past appraisal, or have a new appraisal completed, prior to listing my home for sale?
There will never be an exact value for any home; period. Your home is worth what a buyer is willing to pay for it. In reality, this can change daily as lots of different things come into play when determining the value of your home: supply and demand, economic conditions, interest rate stability (or volatility), geopolitical issues/events, and additional local factors.
A past appraisal can help you understand what your home “may be worth” to a buyer, but the report should not be older than 6-12 months. Otherwise, the comps could be irrelevant. A new appraisal can help as well, but again, it’s just a licensed appraiser’s “opinion of value.” Since he/she will not be the one living there, it may not accurately capture what it is worth to someone who will live there. In other words, what’s the “emotional value” to a buyer who would consider living there.
I have heard, watched, and read different news articles about the National Association of Realtors (aka NAR) and lawsuits regarding Realtor commissions. I have seen repeatedly that they may now be less than they were before. Is that true, and if so, what does that mean for my home sale?
I firmly believe that all sellers, as well as buyers, should educate themselves on buying and selling real estate as much as possible before choosing to do it. However, some articles/stories are published for clicks, and some are published for consumer protection. As much as the Internet and media can help us learn about real estate, it’s always best to speak to a local expert with whom you trust, as that is the one who will be guiding you through your home-selling journey.
The truth is, real estate commissions have ALWAYS been negotiable. In fact, the average real estate commission when selling a home has gone down over the last 20 years. Some of the main reasons, there are more Realtors, more real estate brokerages, and better technology. All of these factors combined allow for competition to occur, and therefore, providing more selling options for home sellers.