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Expert Tips for Home Buyers & Sellers

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Wednesday, March 22, 2017

Tips for securing a high home sale price


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The goal of every home seller is to get the most money possible on the transaction. However, accomplishing that feat isn’t as easy as it sounds. How do you ensure that your next sale goes for top dollar?

I recently came across an article on “Keeping Current Matters” that explains this pretty well. Here is the link to the full article, but to summarize, getting the highest sale price possible comes down to two things:

1. Price a little low. Although this is the opposite strategy most sellers would take, it works. By pricing a little below market value, you will maximize demand for your home and drive up the price. They’re likely to bid up properties that are slightly underpriced, especially in places with low inventory.

2. Hire a real estate professional. You might think that you should skip this step too and save on the commission. However, studies have shown that homes sell faster and for an average of $60,000 more when a professional is involved.

If you do both of these things, you can all but guarantee a successful home sale, especially in our market right now. It really is that simple.

If you have any questions for me, don’t hesitate to reach out and give me a call or send me an email. I look forward to hearing from you.