Here are a few myths and facts to consider when selling your home:
Myth: “Buyers Will Pay What I Want”
Fact: Pricing a home does not equal the true market value of a home. To set a price, your agent needs to share current comparable home sale price information for your area. This will help you target what a realistic selling price is. A higher-price strategy can allow room for negotiation or can turn off some buyers who do not see a value with your pricing. Prices set low can pull buyers in. Ultimately, however, your home will sell for its current market value.
Myth: “Buyers Will See The Potential”
Fact: Your home’s condition will affect the price buyers are willing to pay. First impressions count when presenting your home to buyers.
- Do the basics to make your home presentable: declutter it, clean it and deodorize it. Your extra “stuff” will need to be stored.
- Make sure your home is in good condition. It needs to look well maintained.
- Home improvements can also help with a sale, but you need to make sure any changes will be valued by a potential buyer.
Need More Information?
- Read about the importance of curb appeal when selling your home here.
- Read about painting your home to enhance it here. And here are some more painting tips.
- Learn how to stage outdoor spaces here.
- Learn what to do with your pets when your home is on the market here.
- Here is an article about cleaning and decluttering.