Eventually every home seller is trying to reach the maximum value for selling a property.
Hiring
a professional real estate agent can help you prevent costly mistakes on the
way and make smart decisions on the get-go. View our real estate agent listings
and choose the right agent to capitalize this value. Check out the published articles
that help you in selecting your best real estate agent.
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The value of your house is determined by potential buyers in the real estate market. This value is commonly known as "market value" and is influenced by various factors such as prevailing market conditions, supply and demand dynamics, comparable sales of similar properties, size, location, condition, and any improvements made to the property. As a homeowner, you can increase the desirability and potential for a higher selling price by properly preparing your home and effectively marketing and promoting your listing.
Start by
researching the prices of similar homes in your neighborhood or nearby areas.
Consider factors such as price per square foot, condition, location,
improvements, upgrades, and the current market situation. A real estate agent
can help you with setting the ideal asking price.
Pricing
your home with a little buffer room is common, but simply pricing it higher in
hopes of getting higher offers can backfire. Overpricing your home can result
in fewer showings and longer time on the market. This could make buyers
question if there is something wrong with your home. Additionally, overpricing
may exceed the maximum threshold for some buyers who would have been interested
if it was priced correctly. You will likely receive a
better price if you price it reasonably from the beginning and let the market
drive the price up. This strategy should not be taken lightly.
There are
things you can start with:
- De-clutter
as much as possible.
- Pack up
items you do not need.
- Repaint if
needed.
- Make any
necessary repairs to the interior or exterior.
A real estate agent can visit your
home and give you customized suggestions, but if you are not ready for that
yet, these steps are a great start and can be done months in advance of a sale.
Professional photography is extremely important. It is crucial that the real estate agent has a strong connection with a skilled photographer, rather than just someone who owns a good camera.
You
can definitely do so and most agents would expect it, but it is not necessary,
especially if you already have a good relationship with a real estate agent
that you know and trust. The right real estate agent can help you achieve
better results, including increased profits in the end.
You are at the right place. List your house today on Connect The Market!
