How To Sell Your House In Today's Market
How do you sell your house in today's market is the first question? Statistics are showing it is taking longer to sell your house. It appears a lot of sellers are not selling so are going as a rental instead.
The answer is the same in any market. Price it right and have it in good, clean condition.
You can do all kinds of marketing to sell a house. Sellers expect and want all the marketing tools that make you think you are getting the labor out of the agent, but buyers are smart and know when your house is overpriced. Since we are getting an average of 97% of the list price in most of our cities, it would behoove you to list your property no higher than 3% above the market value. That could very well create the interest you need to have multiple contracts or get it sold in the first 30 days which is where it should sell.
Not pricing right leads to frustration to you as the seller, being ready to show and no one to show your home to. You will definitely be on the market longer if you are overpriced, and it has been proven, the longer you are on the market, the less you will receive for your house. Now why is that so? Because when the buyer sees your pretty house, their first thought is why hasn't it sold? What is wrong with it?
Do not be unwise in pricing your home to sell. Consult a good listing agent that will give you the facts so you will know the market.
Friday, February 25, 2011
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