Most people want to get the best possible price when they sell their home.
Sell for the Best Possible Price
When you sell your house, you want to get the best possible price for it, don’t you? Well. of course you do. But how can you ensure that you receive the maximum price when you sell your home? Here are two ideas that indeed, we have found work well.
Price It a Little Lower
Think about pricing your home closer to what it should actually sell for. Excuse me, are you saying you want me to price the house lower? And you think that will get me the maximum price? Actually, yes, it should. And here’s why.
Many sellers believe that you should price a house a little high, because that gives them some “wiggle” room. However, when a house is priced close to the anticipated sale price, the demand will increase. As a result, more people will want to see it. In addition, quite often this may cause a bidding war, therefore driving the price up even higher.
Today’s Buyers are Educated
Buyers are very familiar with the marketplace due to the internet. As a result, buyers will avoid overpriced homes. As a result, by pricing your house closer to the expected sale price, you should receive a higher offer and a quicker offer. This is especially true in a market like today’s where we have extremely low inventory.
Hire a Professional
The next idea is to make sure you use a real estate professional, a Realtor. It’s a fact that, historically, 87% of all homes sell with the assistance of a Realtor. And these homes are sold through the Multiple Listing System. When you put your house for sale in the MLS, it is available to all 9000 or so Realtors in Monmouth and Ocean counties to show to their prospective buyers. About 6% of the remaining 13% of the homes sold, usually are inter-family transfers. This means that selling without a Realtor limits you to 7% of the available buyers.
Additionally, studies also show that the median sale price of a home without a Realtor is at least 14% less than a home sold with the assistance of a Realtor. Consequently, you’ll be receiving 14% less in order to save the five or six percent commission. Does this make sense to you? Let the professionals do their jobs and get the house sold for you at the best possible price..
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