Believe it or not, it really is not rocket science when it comes to selling your home. There truly is ONE key to making sure your house sells successfully. Before we get to that, lets touch on a few other minor details.
I have mentioned before, there are a few items you should be sure to address before putting your house on the morket. Making sure it is presentable and has good curb appeal is important. Making sure it has all the final touches done so the buyer is not seeing lots of work they will have to do immediately when moving in will be a big help. Hiring a home inspector prior to listing and tending to some of the issues he/she finds, will go a long way in helping secure a buyer as well.
However, if you are truly wanting to have a successful sale of your home, the number ONE KEY to your success is: Properly Pricing Your House!
You can have all the other details covered. Have the best pictures and virtual tour in town. People may be in awe of how amazing your place looks, but even in a hot market, having it Priced Right is your ultimate key to success. So here are a few tips on getting your Price Right from the start:
1. Do your Homework. Sit down with your Realtor and look at GOOD comparables in the area. Some homes are difficult to draw a comaprison to, but, if you pay attention to details they are out there. One of a kind homes are few and far between, so finding comps that will help you choose the proper price is doable.
2. LISTEN to your Realtor. If you are hiring a professional Real Estate Agent who is getting paid because of their knowledge and experience in the market, then listen to them. Trust me, Realtors want your house to bring TOP Dollar because in the traditional market, the more you make the more they make. They want nothing more than for your house to sell for as much as possible, but their wisdom and knowledge of your market is a key asset to actually getting your house sold. So Listen to their advice and price your house accordingly.
3. Dont Make False Assumptions based on a Hot Market. Just because things are selling like hotcakes in your area does not mean you can price your house out of the market and expect to get what you are asking. If you want more for your home in a hot market, then the key will be to price it right and let the Buyers compete over it. Pricing it too high will cost you the competition and you are more than likely going to have to take less than you originally hoped for!
Do your homeowrk, Listen to your Realtor, and don't make bad assumptions! If you will follow these simple tips, you will find not only will your house sell successfully, but you will also enjoy the benfits of getting a premium price.
If you want to sell your home, then make sure "The Price Is Right!"