It is lamentable that so many people don't bother to understand the concepts of real estate before selling their homes. Truth be told, the estimated worth of your home (in your view) doesn't matter. The value of your home, and any improvements you made, is determined by buyers. One person's idea of a great home is enough for another person to say "next!" and move on to other options. Remember that your buyers' needs and wants matter more than anything else, and keep these ideas in mind.
Tips for House Sellers
Know your market. Do your research on how much similar houses have sold for in the past, and use this as your basis when presenting your house to would-be buyers.
Come up with a firm value for your minimum selling price and don't move if someone offers below that minimum. Don't tell your agent what this minimum is, but work with any buyers who make an offer above it.
Prioritize cleaning up whatever is most visible. That would mean replacing your mailbox, for instance. If buyers fall in love with the house before they even enter it, they'll forgive a lot of problems.
Galvanize your neighborhood to clean up. The kids, especially - have your children or the neighbors' kids clean up messy yards for something like about $5 or $10. To complete impressing would-be buyers, you may also add flowers in the neighborhood's common areas, about $20 worth of it would do.
If neither you nor your agent are fielding a lot of calls, there must be a reason. Does your sales pitch need some work, or is the home overpriced, perhaps? Drop it fast, if price is the problem.
Listen to what your potential buyers say. They will be more objective than you. If you hear several times that the kitchen is dark, get out the white paint.
Research on what is the turnaround time for sales in your location. If your house is taking longer than average to sell, there is a problem. Usually it's price.
Don't sign a listing agreement unless you can get a concrete idea of your real estate agent's game plan. By writing down what they tell you, you are binding them to their word.
Get a reliable quote for repairs if your home has any evident problems. You will never know how much money has to be allocated for these repairs unless you get an estimate of the costs.
Make any improvements that could possibly ensure you of about two-to-one or more return on investment. You want to increase your home's value in ways such as sealing your driveway for $300 to get an additional $600 tacked on to your sales price. Consider first those things that are most visible.
There are dozens of things you can do to sell your house faster, and get a better price. If you're looking to get more "bang for your buck", work on the ideas that could help you the most and those you can achieve the soonest.
Tips for House Sellers
Know your market. Do your research on how much similar houses have sold for in the past, and use this as your basis when presenting your house to would-be buyers.
Come up with a firm value for your minimum selling price and don't move if someone offers below that minimum. Don't tell your agent what this minimum is, but work with any buyers who make an offer above it.
Prioritize cleaning up whatever is most visible. That would mean replacing your mailbox, for instance. If buyers fall in love with the house before they even enter it, they'll forgive a lot of problems.
Galvanize your neighborhood to clean up. The kids, especially - have your children or the neighbors' kids clean up messy yards for something like about $5 or $10. To complete impressing would-be buyers, you may also add flowers in the neighborhood's common areas, about $20 worth of it would do.
If neither you nor your agent are fielding a lot of calls, there must be a reason. Does your sales pitch need some work, or is the home overpriced, perhaps? Drop it fast, if price is the problem.
Listen to what your potential buyers say. They will be more objective than you. If you hear several times that the kitchen is dark, get out the white paint.
Research on what is the turnaround time for sales in your location. If your house is taking longer than average to sell, there is a problem. Usually it's price.
Don't sign a listing agreement unless you can get a concrete idea of your real estate agent's game plan. By writing down what they tell you, you are binding them to their word.
Get a reliable quote for repairs if your home has any evident problems. You will never know how much money has to be allocated for these repairs unless you get an estimate of the costs.
Make any improvements that could possibly ensure you of about two-to-one or more return on investment. You want to increase your home's value in ways such as sealing your driveway for $300 to get an additional $600 tacked on to your sales price. Consider first those things that are most visible.
There are dozens of things you can do to sell your house faster, and get a better price. If you're looking to get more "bang for your buck", work on the ideas that could help you the most and those you can achieve the soonest.
No comments:
Post a Comment