|How to Sell Home at the Highest Possible Price
|Making a mistake in selling a home can cost you hundreds or
same mistakes over and over. Avoiding these mistakes is easy
and takes little time and effort on your part. Take the time with
your home sale and follow the guidelines in this report.
Distress Selling: At times, selling quickly is unavoidable. That’s when knowing the right
techniques to sell your home without looking desperate and making yourself a target for low
bidders really pays off. Know all there is to know about the market before listing and work
hand in hand with the right real estate professional. Ensure that you are not settling for the
first offer through the door.
Best Home in the Neighborhood: Your home is one of your most personal
possessions. Don’t be blind to flaws and needed cosmetic improvements. This will cause
overvaluing of the home, hurting it’s chances to be sold. Listing with the right agent gives you
a well informed third eye that will help you price your home at a fair market price.
Limited Home Viewing: Buyers want to view a home on their own time schedule.
Unfortunately their time schedule does not always coincide with your time schedule. Leave a
lockbox or key with your agent so your home can be shown when you are not around. You
never know if the one who got away was your buyer.
Restrain Emotional Decisions: Don’t allow a few hundred dollars to ruin a sale.
That money will mean very little to you in the long run. Take a look at the big picture and
react rationally. Use sound business judgment!
Make Cosmetic Improvements: Prospects make up their minds within the first
twenty minutes. First impressions can make all the difference in selling your home. Spending
$1,200 on new carpet might add another $4,000 to the price of your home. Get an objective
point of view from your real estate professional. They can provide you with a list of items that
will maximize the profit of your home sale.
Disclose Property Flaws: Property disclosure laws require sellers to list any flaws
required by your state. If you are unaware of flaws or attempt to cover them up, you risk
losing the sale and finding yourself in court. Get professional assistance from your agent who
can introduce you to qualified inspectors and ensure the smooth sale of your home.
For Sale By Owner: Most homeowners who decide to sell their own home do so
because they believe they can save the commission paid to the real estate agent. Everything
has a price and selling a home carries a high one. The enormous amount of time and effort
required to sell a home often surprises the "For Sale By Owner." Furthermore, many costly
mistakes can be avoided with the right guidance.
Trust Your Agent: Would you tell a physician that you’ve decided to run your own
tests and come to your own diagnosis? By choosing the right Realtor, you can relax and trust
their judgment. The right agent is a valuable team member who will protect your best
interests and make your sale as profitable as possible.
Know Your Market: Most homes that do not sell in their first listing period are priced
too high. Conversely, most homes that sell quickly are priced too low and cheat the
homeowner out of profits. You need to understand the market and evaluate the value of your
home based on fact, not gut instinct or conventional wisdom. A professional agent knows the
market, just as you know the market for your business.
Before you make one of your most important decisions regarding your home sale shouldn’t
you become as informed as possible? By aligning yourself with a top agent you ensure that
all the important issues and seemingly insignificant but....very important....details are handled
professionally. Your home sale should not be a grueling ordeal. The more informed you are,
the better chance you have of making a sound business decision.