1. Cost does not equal value. While every home seller wants to realize a gain on their investment, this isn’t always possible. It’s important to price your home according to its value and not cost. The same goes for improvements. Spending $20,000 to remodel a kitchen does not guarantee a $20,000 increase in property value. Talking to a knowledgeable professional is a great way to determine how to maximize the gain on your real estate investments.
2. Look at Your Competition. If your home is priced higher than all the others in your neighborhood, you better have a good reason why. Unless it has better features than the other homes, it’s going to be the last to sell. Look at similar homes and price yours accordingly.
3. Maximize Curb Appeal. Give your buyers a reason to get out of the car and get into your home. If your home isn’t looking clean and well organized, buyers will wonder what else you let slide…
4. Stay Fresh. The longer your property sits, the less attractive it becomes to buyers. Keep your property fresh by updating photos. A snowy picture in June signals to buyers your home has been on the market for some time. Also, consider changing up pricing to attract new buyers. Don’t blame your agent. Agents don’t create the market. If they did, houses would sell every day with ease. They are doing their best to assist you, and they want your home to sell just as much as you do. All they can do is give their advice about what they think your home is worth and what price they think it will sell at. They can’t change the market to get your home to sell at the price you want.
For more tips, check out: http://www.parjustlisted.com/archives/4589?utm_medium=email&utm_campaign=a584b9b76e-RSS_EMAIL_CAMPAIGN&utm_source=PAR+Just+Listed+Daily+E-News#utm_source=feed&utm_medium=feed&utm_campaign=feed
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