During their home sale, every homeowner wants to make sure they receive the best possible price for their home. Here are two key tips to ensure you get just that.
1. Make The Price Right
Many homeowners think that pricing their home a little OVER market value will leave them room for negotiation. In actuality, this just dramatically lessens the demand for your house. Over pricing, a home can not only reduce your home’s market exposure as fewer people will attend your open houses but can also negatively impact your homes online marketing strategy as other comparable homes would be priced at a lower price point. Price your home fairly, and instead of negotiating with one or a handful of buyers on pricing you might find yourself having multiple buyers fighting with each other over your house. One of the biggest assets a home has when on sale is the amount of exposure it receives, don’t hurt your marketing efforts because you didn’t price your home correctly. Partner with your real estate agent or research comparable homes in your neighborhood and choose the best pricing strategy.
2. Use a Real Estate Professional
This may seem counterintuitive. As a seller, you may think that you would be able to net more money if you didn’t have to pay a real estate agent commission. However, studies have shown that homes typically sell for more money when handled by a real estate professional. Why is this? Realtors help people buy and sell homes for a living. They’re experts at negotiation, marketing, and presenting your home to the audience. When it comes to big investments, don’t cut the wrong corners, choose an expert.
Price your house correctly and hire a professional. These two strategies will guarantee you maximize the price you get for your house.