Mortgage Refinancing Loan

Are you planning to sell your home sometime soon? If you are getting ready to put your home on the market, you want to be certain to get as much for your home as possible. Fortunately, there are several simple steps that you can take to make this happen. Here are five ways to sell your home for top dollar.

Tip #1: Improve Overall Condition

First of all, make a good first impression on buyers by making it look great from the curb. Paint is cheap, compared to most home improvements. So, I always recommend exterior trim paint or even painting the whole house. Certainly get the exterior doors painted, including the garage door. Then, plant flosers and trim bushes and trees. Make the yard look clean and healthy.

Tip #2: Get Proper Exposure

To get that top price you need to attract many offers. To attract many offers you need to contact many buyers. To do that you must use every form and method of communicating to the buyer market. That means local stuff and global stuff. These days, your buyers may be searching from another city or even another country.

Tip #3: Choose the Best Time to Sell

Of course it’s best to wait for a seller’s market. But, that’s not likely these days. Still, you can maximize your profits by selling at the most active time of the year. That’s always in the spring and summer months as well as early in the fall. You’ll want to stay informed about mortgage interest rates and terms in order to be on the market when conditions are best for your potential buyers. Just a small drop in rates can increase the number of buyers in your price range significantly.

Tip #4: Don’t Stay on the Market Too Long

Price and market the home to sell quickly. It’s the only smart strategy in a declining market. In fact, agents and buyers view homes that linger on the market longer than average as “stale”. That is, they immediately wonder why others have not purchased the home and they often do not even tour. If you do “miss the mark” on price or advertising, and the home remains on the market longer than average, you may want to take it off the market for a time and start over with a fresh price and marketing effort.

Tip #5: Choose a Reasonable Price

Resist the temptation to overprice. It’s a winning strategy in an expanding market but it’s the kiss of death in a declining or flat one. First of all, you will not get the number of viewers online and live tours that you want. Internet auto-searches are entered by price-range and you’ll simply miss out on contacting some appropriate buyers if you price it higher than is reasonable.

So, it’s really pretty straightforward. These Five Steps will help you get the most for your home.

About the Author: John Allen represents buyers and sellers of fine Sarasota real estate, including condos. Also, special thanks to the team at Rancho Santa Fe Real Estate.

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