How to Sell Your Home at the Highest Possible Price
Making a mistake in selling a home can cost you hundreds
or thousands of dollars in lost profit. Often, home sellers make the 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. Thatís 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. Donít be blind to flaws
and needed cosmetic improvements. This will cause overvaluing of the home,
hurting itís 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
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.
Decisions: Donít 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!
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
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.
Refusing to Trust Your
you tell a physician that youíve 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.
Choosing a Realtor Based
on Personal Relationships: Home sellers often pick a friend or family member as their agent. Choose an
agent with a strong track record and aggressive Marketing Plan. A top
producer knows the market well and can generate many buyers. Selling your
home is one of the most important decisions youíll ever make! Base it on
good, sound business sense and the rewards will add up.
Before you make one of your most important decisions regarding your home sale
shouldnít 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.