Sunday, September 6th, 2009
If you are thinking of selling a house in today’s real estate market, I have some tips to help maximize the final sale price and get the property sold quickly. These tips come straight from the realtor we use that has sold over 15 houses for our company in the last year.
While many factors come into play with finding the right buyer at the right time, there are several things you can do to help put the odds in your favor!
- Select Internet-friendly pricing – More than 80% of home buyers begin their real estate property searches online. Most real estate sites filter the prices in $25,000 to $50,000 increments. While a creative price of $555,777 may grab one’s attention, buyers who set their search maximum filter to $550,000 will exclude it. Additionally, prices ending in “000″ (such as $500,000) tend to sell at a larger discount than homes ending in “500″ (such as $499,500).
- Price it right – Buyers today are looking for a bargain. Period. The only thing that matters is what a buyer is willing to pay. If a home is priced below the competition, you could receive multiple offers that will drive up the price to full market value.
- Occupy or stage your property – Buyers appreciate a house that is well cared for. An occupied house has a warm, welcoming feel, which attracts more buyers. If your house is presented in the best possible way, it will attract more positive attention and get a higher price.
- Record Keeping is important – Updated records, photos and permits made available for the prospective buyers to review will make them feel confident about making an offer. This gives you a competitive advantage over lower priced or foreclosed properties in the neighborhood that do not come with complete disclosures.
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-Richard – www.TheFlipBoard.com
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