Some Ideas To Sell Your Home For Top Dollar

Some Ideas To Sell Your Home For Top Dollar

Despite difficult market situations, some fortunate people can manage the sale of their homes for top dollar. In what way can this be accomplished? After reading about some of the following tips, you will be thankful you inquired because you will realize that you can achieve it too.

Setting the appropriate price for your home is the first important tip. This is vitally crucial to the success of the sale. Setting it too high will discourage buyers and pricing it too low will work against you financially in the long run. One way to make your mind up on a feasible price is to scrutinize the price of other homes in your area. Looking at a property with the eyes of the buyer will help you to honestly evaluate what you, as a seller, should ask for your home.

Price ranges for houses separated by five to ten thousand dollar increments will do much better than specified amounts. For example, an asking price of $250,000 would possibly receive the same number of inquiries as $247,000, but by going down to the next price point, which would be $225,000, the potential buying pool widens considerably.

Value scale marketing is an additional valuable pricing tool to consider that may glean more showings and more offers. Instead of one definite price for a house, a range of two prices is offered. If a buyer offered to write you a check right now, consider the amount of money you would agree to as payment in full for your home. A reduced price will help determine a spot from where negotiations can begin to ultimately reach middle ground.

READ  Building Your Deal Team - Assembling the Right Players

Aggressive listing agents are the only type to get. The decision to get a listing agent should be based on personal recommendations. A hiring decision should be predicated on suggestions from friends, neighbors and colleagues as well as many interviews. In addition, be sure to come to an agreement about an exact, recorded marketing plan prior to signing a long term listing contract. Your new listing agent should be as open to your ideas as he or she expects you to be to his or hers. For example, an agent might recommend improving advertising copy, flyers, photographs, or even virtual tours that can bring potential buyers to your house. Try to think outside of that traditional real estate box and be open to new ideas.