Every homeowner wants to be sure they are getting the most money for their home when they decide to sell. Here are 2 keys to ensure you get the highest price possible.
1. Price it a LITTLE Low
This may seem counterintuitive seeing as most people think to start high and prepare themselves to move lower. However, let’s look at this concept for a moment. The idea to "leave room for negotiation" dramatically lessens the demand for your house and the number of people who will view it.
The home should be priced so that demand for the home is maximized. The lower the price, the more people will view it (be cautious in pricing too low). By doing this, the seller will not be fighting with a buyer over the price, but will instead have multiple buyers fighting with each other over the house.
2. Use a Real Estate Professional
This too may seem counterintuitive. Sellers may think they would net more money if they didn’t have to pay a real estate agent commission. Contrary to this way of thinking, studies have shown that homes typically sell for more money when handled by a real estate professional.
So if you're looking to sell your home and want to make the most money from your listing, be sure to follow these 2 tips for success.