Pricing Your Home Properly to Sell

Getting Your Home Sold Quickly

If you are selling your home and all of the upgrades you planned to do are ready and you have spoken to a professional real estate agent about area comps you may be ready to list. Homes can be difficult to price properly if you don’t have access to a local MLS system to provide you with the recently sold homes, pending sales and listed homes that are similar to yours. This is especially true with Florida Real Estate and a few other states that have really popular large cities.

When you are taking into consideration some of the factors in home comparisons only a licensed agent or possibly an appraiser who is familiar with your neighborhood can give you quality information that can be trusted.  Things such as square footage, bedrooms, baths, age of certain aspects of the home and items like a pool or being waterfront can greatly impact the value of your home when you put it next to a neighboring home for sale.

Some agents will tell you they can get a substantial amount more for your home and this is why it is important to interview a few agents to really get the proper price point for your home.  Never disclose what one agent told you until you have a price from the next.  It is a good way for an agent to secure your listing while their true intention is to get price reduction after price reduction until they are really where the original agents were the entire time.

Hopefully this article has been helpful to shed some light on why a good real estate agent is important to getting your home sold quickly.  If it is priced right the first time around it will sell faster and save you the added expense of carrying it any longer than necessary.

Cheers until next time!

Sprucing Up Your Home Before You Sell It

If you plan to sell your home I highly recommend that you consider what work needs to be completed before you can actually put it on the market.  Today, you do have both buyers who don’t mind doing the work because they are ‘handy’ and also those who want to come into a perfectly remodeled home that they can just bring a toothbrush.

If a buyer is to do a ton of work to a home or condo they typically want to pick the property up at a steal of a price.  You can imagine if they are considering remodeling and the time they will have to be out of the home to get it done that just adds expense to the project.  In most cases, especially in a modern market if a seller wants to get top dollar for their home they have to follow a few important steps.

The first to me would be that the home will have had to be well kept throughout the life of the ownership.  Once everything gets outdated and things slip from there we get into the total fixer upper and those can cost a pretty penny.  One consideration is to potentially rent a property that isn’t in pristine condition to try to recover some of the cost to fix it up after the fact.  If you can afford to carry the home you live in and the one you purchase, I have seen this scenario work for multiple situations.

Breaking down what we just discussed, if you are a seller who wants to get the highest dollar for your home then make sure that a buyer will be able to quickly get into the property and not have to fix any major issues or remodel any outdated items.  If that does not describe your piece of paradise then you should not ask tip top money to sell it.