Ideas For You To Sell Your Own Home For Top Dollar
Posted August 15, 2010 – 5:36 am in: MortgagesIf you plan to sell your home soon, especially in this tough economy, you want to take steps to get the highest price for your home. It’s your money. Maximize it! These Five Easy Steps will insure you get the most for that home!
Tip #1: Condition Improvements
The first thing is to make sure the home is in good shape…curbside. That means you take the time to make the home “presentable”. Paint is cheap and REALLY makes a difference. So, paint the exterior or just the trim. Paint the front door and the garage door, too. Plant colorful flowers, trim those trees and bushes and get the grass looking its best.
Tip #2: Get Good Exposure for your Home
To get that top price you need to attract many offers. To attract many offers you need to contact many buyers. To do that you must use every form and method of communicating to the buyer market. That means local stuff and global stuff. These days, your buyers may be searching from another city or even another country.
Tip #3: Choose the Best Time to Sell
Of course it’s best to wait for a seller’s market. But, that’s not likely these days. Still, you can maximize your profits by selling at the most active time of the year. That’s always in the spring and summer months as well as early in the fall. You’ll want to stay informed about mortgage interest rates and terms in order to be on the market when conditions are best for your potential buyers. Just a small drop in rates can increase the number of buyers in your price range significantly.
Tip #4: Don’t Delay, Sell Today
Your pricing strategy in a declining market has to be to sell quickly. Agents and buyers look askew at homes that have been on the market longer than average. They call it “stale” and automatically wonder “what’s wrong with that one”? Hence, fewer lookers, fewer offers, lower price.
Tip #5: Choose a Reasonable Price
Resist the temptation to overprice. It’s a winning strategy in an expanding market but it’s the kiss of death in a declining or flat one. First of all, you will not get the number of viewers online and live tours that you want. Internet auto-searches are entered by price-range and you’ll simply miss out on contacting some appropriate buyers if you price it higher than is reasonable.
So, it’s really pretty straightforward. These Five Steps will help you get the most for your home.
About the Author: John Allen represents buyers and sellers of fine Sarasota real estate, including condos. Also, special thanks to Yorba Linda Homes for Sale.
categories: Yorba Linda Real Estate,home improvement,mortgage lending,home sales,housing,Sarasota real estate,financing,home loans
