Every homeowner wants to make sure that they maximize their financial reward when selling their home, but how do you guarantee that you receive the maximum value for your house especially in a shifting market?
Here are two ways to ensure that you get the highest price possible.
This may seem counterintuitive, but let’s take a look at this concept for a moment. Many homeowners think that pricing their homes a little OVER market value will leave them with room for negotiation when, in actuality, it just dramatically lessens the for their houses
Instead of the seller trying to ‘win’ the negotiation with one buyer, consider pricing your house so that demand for the home is maximized. By doing so, you, the will not be fighting with a over the price but will instead have with over the house.
gives this advice:
This, too, may seem counterintuitive as you, the may think that you will make more money by avoiding a real estate commission. With this being said, studies have shown that homes typically sell for more money when handled by real estate professionals.
The results of the study showed that the differential in selling prices for FSBOs, when compared to MLS sales of similar properties, is about 5.5%. Sales in 2017 suggest the average sales price was near 6% lower for FSBO sales of similar properties.
It has been my experience that pricing your house at or slightly below the current market value and using a very good marketing strategy by a professional will guarantee that you maximize the price you get for your house.