Strategies for Home Sellers
Strategies for Home Sellers
Understand market value
Market value is not the value your latest tax assessment was based on or what an appraiser said the house was worth a year ago. It is exactly what a home buyer is willing to pay for your house today.
Don’t be an as-is seller
Potential home buyers aren’t looking for fixer-uppers in the current market unless they are rock-bottom, bargain-basement priced.
Hire a top performing real estate agent
You need a real estate agent who outshines and routinely outperforms sales numbers. The best agents have an innate sense for that right price and right marketing plan. They help in targeting your home to the right type of buyers.
Know your market
In real estate, there are many markets and they’re not all the same. In many areas, modestly priced homes have bigger buying pools because tighter mortgage qualifications are keeping buyers out of more expensive homes. A savvy real estate agent can give you an edge.
Use the Internet
People are still looking at newspaper classified ads and real estate listing magazines, but the numbers are falling. More and more consumers are searching the Internet. Over 85% of consumers research and shop homes and mortgages online.
Simplify and neutralize.
Focus on curb appeal, add fresh landscaping and clutter-free the house by removing family photos and heirlooms.
Rent Out Your Home
It’s a tough seller’s market? Wait it out. Put it up again went the market improves. You don’t have to sell for a big loss. Rent out your home that covers your mortgage payments, insurance, taxes and maintenance costs.
