Are there any sure-fire ways a seller can guarantee a top of the line price for their home? There are many factors that go into sellers obtaining a premium price. Number one and foremost and it’s been proven time and time again, choose a local real estate professional to properly market your home to its fullest potential. The in town realtor has many advantages and has built a reputation within the local real estate community that will encourage participation from agents that are working with buyers. When buyers agents see a local realtor representing a seller they feel more comfortable that the process will be handled well and in turn the buyer will also feel a level of security. More importantly, it’s been scientifically proven that local realtors obtain higher values on their listings than an agent from out-of-town.
In our current housing market with most homes flying off the shelf, pricing a home has never been more important. There are still many homes that have been on the market for many months. The sellers made a calculated mistake up front when they priced their property. Even with the lack of inventory, buyers are still very astute and know by working with a knowledgeable local realtor if a home is priced correctly. The best strategy in a seller’s market is to price below market value which generates more excitement and the possibilities of multiple offers that can often raise the eventual price above the sellers highest expectations.
Condition and price go hand-in-hand. You can’t get peak price with a fixer upper. Buyers might pay more for a home in a superb location, but to maximize value, the best maintained homes achieve top price. If finances are an issue, the cosmetic improvements such as paint and new flooring can make a world of difference. In today’s real estate, you should be able to get dollar-for-dollar value for major upgrades like kitchens and bathrooms.
Timing is also an important cog in achieving the optimum price. Expecting to get top value during the Christmas Holiday is not a well thought out plan. Properties are sold on supply and demand. The higher the demand, the better chance of receiving multiple bids. The current lack of inventory and the pent-up demand makes now an excellent time to achieve the ultimate goal of selling your home at maximum value. Please visit my website www.JohnnyBrooksHomes.com for helpful tips on buying or selling a home and easy access to view local area homes for sale in Davis, California and the surrounding communities.