1. Time is money when selling your home

Once you’ve made the decision to sell your home, the longer it remains unsold on the market, the more it will cost. Many home sellers feel that it is very important to receive close to their full sale price. But they overlook the added months of maintenance costs, such as mortgage interest, property taxes, and maintenance. I’ve seen unsold houses on the market for years! Obviously, home sellers are not very motivated to sell. If you’ve already moved into your new home, maintaining an overpriced and empty home can be very expensive, typically costing $ 1,000 or more each month that the home doesn’t sell.

2. Put your house in a condition similar to that of a model house.

Most home buyers today want to buy a home that is in basically good condition and does not need major repairs. This is called a “red ribbon sale” house because it is like a gift wrapped in red ribbon.

There are few top home buyers with repairs, and they want bargain prices to make up for the work involved. The goal of home sellers who want to sell fast for the best price should be to bring the home to model-like condition. However, you don’t need to spend a lot of money. Most houses only need a basic, inexpensive job to keep the residence in great condition, where all the buyer has to do is turn the key in the door and move out.

3. The reason most houses don’t sell: they are too expensive!

Many home sellers want to set their sales prices above what their real estate agent recommends. These sellers often expect an out-of-town buyer to overpay for their home. That rarely happens! There are a number of reasons, such as buyer’s agents looking for your buyers, competitive listings that are realistically priced close to market value, and appraisals from lenders that reflect market value. Buyers quickly become home value experts after inspecting a dozen or more similar homes in the vicinity. They rarely overpay. Most houses have a “range of values”. Many factors influence this range of values, such as local economic conditions, the location of the house, the supply of similar houses in the same price range that are for sale, the number of buyers currently in the market, the condition house physics, skill. your real estate agent to properly market the home to as many potential buyers as possible, the financing available, the quality of the local school district (the best schools create homebuyer demand), and the convenience of your home compared to others Nearby homes now available for filthy.

4. Be flexible, don’t get greedy

If you are just testing the market and will sell your home only if you get your sales price inflated, then you are not a seriously motivated seller. However, if you are motivated to sell, the best attitude is to be flexible, not to be greedy and not to insist on receiving the last dollar of profit. Instead, consider all the purchase offers that come up. No matter how low and insulting the offer to buy may be, make a counter offer! After several days or even weeks of back-and-forth counter offer negotiations, home sales often result. But sellers who are inflexible and do not counter-offer are only to blame when their home does not sell because they are inflexible and greedy.

5. Get out of the house!

Finally, if you listed your home for sale with a professional real estate agent, let that person (or the buyer’s agent) do their job. As long as you know that an agent will bring in a prospective buyer to inspect your home, even on short notice, get out of the house! There’s a very good reason you don’t want to meet the prospective buyer.

Experienced real estate agents will tell you that until a buyer criticizes a residence, he or she is not a serious buyer. If the seller is around, the potential customer will generally not criticize your home. Instead, you will look at it and walk away without committing to that possible future residency. Also, the buyer’s agent will not comment on the pros and cons of the house if the seller is within audience range. Even if you just walk around the block 10 times while a buyer inspects your home, get out! Also, Get Your Pets Out – There is nothing worse than an offensive pet (or pet odor) to prevent potential homebuyers from quickly buying your home for the best price.