How To Sell Your Home Fast! 5 mistakes anxious sellers make.
Need to sell your home quickly?? Want to make sure you get the most money you can for your home? Follow these tips from Barbara Corcoran of the Today Show to sell quickly & get the highest sticker price in a slowing housing market.
5 Mistakes Homeowners Make
1) Making Small Price Reductions Again & Again
The longer a home is on the market the more of a stigma it will have. Dropping the price frequently by small amounts makes the offer appear even weaker. A home that’s been on the market for a long time with many price reductions will give a buyer the impression that a lot of people have seen and then rejected it. Therefore why bother going to look at it?
The best thing to do in this situation is to slash the price. Find out what similar properties on the market are going for and price yours below theirs. The most enticing homes on the market are the newest and the cheapest. If you can be both your house will sell in no time.
2) Hiring The Wrong Broker:You want a broker who is enthusiastic and professional. In real estate the top selling agents (about 10%) do 90% of the all the business. Make sure your broker keeps in touch with you and is easily accessible.
3) Waiting It Out: If you decide to wait, you are joining the thousands of other homeowners who have also decided to wait. When a few decide it’s time to take the plunge, you are already too late. If you need/want to sell now, then sell now. There will never be a better time.
4) Showing Your House Before You Get Rid Of The Clutter: Just as you wouldn’t try to sell your car without cleaning it out first, you shouldn’t sell your house without de-cluttering. A buyer doesn’t want to see your house, they want to see their future house! Find a temporary place for your personal items and let people get a real look at your home.
5) Not Taking The First Bid:Often times when a buyer gets an early bid on their home they get excited & filled with confidence that another, better offer is just around the corner. Unfortunately this is not always the case and you can be left with no bids at all. The longer you home sits the more value it will loose, so work with those early bids!
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Some great points are made here. Showing the home before your ready can kill the sale. Not accepting the first bid may also be a mistake. Having a realtor is always a good decision they can guide you about the price and community and how to best feature your home.