Price Strategy

Selling Your House and Price Strategy.

Your next objective should be to determine the best possible selling price for your house. You will need to take into account the state of the local market, the condition of your home, and sales of comparable homes in your neighborhood. It is often hard to maintain an non-biased view of your property, so you will want to gather the necessary information in the most objective way possible. If you want a truly objective opinion about the price of your home you could have an appraisal done. This will need to be paid for up front, in cash, and may cost between three and five hundred dollars..

Be reasonable about the price you set. You will always be better off setting a fair market value price than setting your price high expecting that someone will come along and be willing to pay it. If your home stays on the market too long because it is overpriced potential buyers may think that something is wrong with it and you may end up selling it for less than what you could have gotten if you had started out with a realistic asking price..

Your agent can save you time and money by educating you on how to set the asking price for your home. He or she will create a comparative market analysis by taking into consideration the type of market you are in and recent sales of comparable properties. Your agent will then guide you to the best fair market price that will help sell your house within the desired time frame. Usually, real estate agents have a better sense of market value than anyone else- including appraisers!

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10 Quick Tips for Home Sellers

With today's changing real estate market, home sellers need to take extra care preparing their home for a top-dollar sale. Home buyers have more houses to choose from and will select the home that stands out from the other houses they preview. These tips will help you attract a buyer:

1. Start at the Street. Pretend you are a prospective buyer seeing your home for the first time. What do you see from your car? Make your home so inviting buyers will get out of their comforting cars and walk to your front door. Place fresh seasonal flowers, in pots or planted, along the front walk or by your front door.

2. Make Repairs. Lubricate squeaky door hinges, fix dripping faucets, and make sure toilets flush properly. You get used to the minor faults in your home, so ask a friend to inspect for minor defects.

3. Exterminate. One bug or spider, dead or alive, can cause some buyers to leave immediately.

4. Remove Clutter. Not only does a neat, organized house feel larger and more inviting, clutter-free homes give prospective buyers a chance to see the home’s features.

5. Deep Clean. Remove dust, spiders, and odors.

6. Depersonalize. Pack your personal mementos and photographs. Give your buyers the opportunity to visualize their personal effects in your home.

7. Lighten Up. During the winter months, use bulbs with the highest wattage recommended in light fixtures. Add small table lamps for extra lighting. If you have room on your kitchen and bathroom countertops, a small decorative lamp adds a warm glow with a designer’s touch.

8. Wash Walls or Repaint. Fresh paint gives you the best return on your money.

9. Clean Carpets or Replace. You may be accustomed to the way your carpet looks, but what do buyers see? If you're selling to first-time home buyers, they most likely won't have the money beyond the down payment to pay for new carpeting. Move-up buyers expect perfection, even if they want to tear it all out.

10. Consider having your pets taken care of by family or friends. Some home buyers are allergic to pets, while others will be turned off by pet odors. You get accustomed to your pets’ odors, but these scents drive buyers away.

With a little thought and effort, you can persuade buyers that your house exceeds their expectations-- and is worth getting out of the car.

Are you painting your home? What to know what colors to use? Jeanette Fisher teaches home sellers five ways to sell homes for top dollar--Fast. For more information about the author of interior design and real estate books, visit http://www.jeanettefisher.com Get a free "Design Psychology for Selling Houses" ebook and more home seller's tips at http://sellfast.info

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Price Strategy

10 Quick Tips for Home Sellers

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