Two absolute basics for selling real estate in today’s market are to have a realistic point of view about sales prices in the areas in which you are selling and to have a firm understanding of where your own bottom line lies. Your own bottom line, the least amount you are willing to accept for your real estate, will depend on a number of factors, including sales prices, and keeping these factors in mind , as discussed in the following article, can help sellers navigate their real estate sales.
If your home has been on the market for a while, add a new photo of the residence that showcases the current season and weather. An older photo makes it obvious that your home has been listed for a while, making buyers more likely to put in a low offer.
If you’re trying to sell your house, keep your pets away. Before showings, take the dog or cat to a friend’s house, put away pet toys and bowls, and remove any appearance of a litter box. Many a potential buyer has been turned off by the smell/sight of a homeowners furry best friend.
Helping a buyer with financing will help you make the sale. There are many painless ways a seller can assist someone who may not readily qualify for a mortgage; you might offer a lease-to-own option, pay for points to reduce interest rates or even foot the bill for closing costs. This could really shrink the time your home spends on the market.
When you are trying to sell your home, pay attention to the reality of the market. If your home has been on the market for a long time with little interest, chances are your asking price is too high. Remember, what research says your home is worth is meaningless if no buyer will pay that price.
Pricing and location are the keys to successfully selling real estate. A great location will attract buyers, even in the worst economy. A great price that reflects the current buying market will ensure that the home sells faster than pricing it too high. Make sure to consult a professional before pricing to be safe.
Real estate sellers can successfully navigate today’s real estate market by starting with a realistic appraisal of where they stand in terms of the market in which they are selling and starting out with a number in their own heads representing the least amount of money they can accept for a piece of real estate. As discussed, various key factors must be considered in arriving at this bottom line number.