Placing your home on the market can be stressful. Here are a few things you can do to increase your chances of receiving an offer on your home. Feel free to contact me for a free consultation to learn how I can help you sell your home quickly and at the best price.

Price it right.

Set a price at the lower end of your property’s realistic price range. Consider:

    • Comparable properties: A “comp” is what real estate professionals call home sales that can be reasonably used to help determine the price of your home. But just because you’re in the same neighborhood doesn’t mean that the houses will sell for the same amount. Fill out my home valuation form and I will run a comparative market analysis to help you determine how to compare your home in terms of size, upkeep, and amenities.
    • Competition: How many other houses are for sale in your area right now? Are you competing against new homes or condos for sale in the area?
    • Contingencies: Do you have special needs that might turn away buyers? A common one is refusing to be flexible about a moving date.
    • Asking a lender: Since most buyers will need a mortgage, the home’s sale price should be in line with a lender’s estimate of its value.
    • Accuracy: Studies show homes priced more than 3 percent over the correct price take longer to sell.

Making sure the price is right involves a lot of variables. Partner with me and I will make sure your price is not only competitive but gives you the return that you need.

Prepare for visitors.

Get your house market-ready at least two weeks before you begin showing it. Make all your repairs, and then do a deep clean (or hire a cleaning service to help). If you are able to professionally stage your home, it can increase your chances of receiving multiple offers as these professionals make it easy for potential buyers to envision themselves living in your home.

Consider an appraisal.

For a few hundred dollars, a qualified appraiser can give you an estimate of your home’s value. Be sure to ask for a market-value appraisal, and find someone who understands the area and type of home you have. Don’t have an appraiser in mind? Reach out to me for recommendations.

Be flexible about showings.

Spur-of-the-moment showings are disruptive, and making sure your home is constantly ready to show can be exhausting. But the more flexible you can be, the sooner you’ll find a buyer.

Anticipate the offers.

Decide in advance the price range and terms that are acceptable. Be clear with yourself and your agent about what kind of offers you’re comfortable with. It’s critical to know what price you’ll accept before entering negotiations with a potential buyer.

Don’t refuse to drop the price.

If your home has been on the market for more than 30 days without an offer, be prepared to at least consider lowering your asking price.

Ready to sell your home? Contact me to schedule a free consultation where I will run a personalized comparative market analysis on your home, explain the home selling process, provide recommendations, and answer any questions you may have.

 

Some of this content was generated by the National Association of Realtors.