October 26, 2016
20 Cold, Hard Facts in Real Estate Home Selling
Honesty is key. When selling your home, the facts are hard to hear but we want you to know the truth. The truth will get your home sold and sold fast. The more you know, the easier the entire process will be for you.
- Know your local Real Estate Market – What’s moving the market? If you don’t know, make sure your Realtor knows. If your Realtor doesn’t know, find another Realtor who does know. Real Estate will always be local and to be able to sell your home, it’s critical to know what the local trends are for your neighborhood.
- A clean, uncluttered home sells – A dirty home knocks thousands of dollars off of your profit. It’s true, a big chunk of money can be lost for not putting in a little elbow grease. Perhaps one of the greatest payoffs to home selling will be the time you spend cleaning and decluttering your home.
- Homes priced right sell – Price your home to sell. From the very first day that you list your home for sale, you will attract the most qualified and most interested Buyers. The first few weeks of a new home listing shines brightest. A fresh new listing draws the attention of Buyers waiting for a new home to hit the market and those Buyers who just started looking will see your home priced right, and will break down your front door to take a closer look. A listing that stagnates on the market for weeks and months on end becomes stale and often stigmatized as to why has the home hasn’t sold. They’ll either assume something is wrong with the home or that it’s priced too high. If Buyers think that something is wrong, they’ll want a discount and if it’s been on the market due to being priced too high, they’ll think you’re beginning to get desperate because your home hasn’t sold and that you’d likely start to consider taking a discount. Avoid the discounts, price it right, and increase your chances of having multiple interested Buyers.
- Selling a home is inconvenient – Knowing up front that you’re going to be inconvenienced once you’ve decided to sell your home, will make the home selling process a lot easier to handle. You’re going to have to get your home ready to sell, you’re going to have to do some packing and you’re normal everyday living schedules will likely be interrupted by visiting prospective Buyers. When you’re able to anticipate this, it can make the process a lot less painful. Anticipate to be inconvenienced.
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