Best Practices for Sellers to Get Top Dollar on The Pinery Homes

Best Practices for Sellers to Get Top Dollar on The Pinery Homes

The market for The Pinery real estate is surging right now. Home prices have risen considerably over the past few years, and while some homes will receive multiple offers, some sellers will have to take an offer below asking to secure a deal to sell their home. If you’re wondering about what you can do to make sure you’re set up for success before you enter the market for houses for sale in The Pinery, this article will help you get started. Here are a few of the things you should do before you take your listing public.

1. Size up the competition

Before you get ready to sell your home, you probably want to know what you’re up against. Take some time to look at online listings to see what homes are currently for sale at a price similar to what you’ll ask for. This will give you a better idea of any necessary repairs or renovations you need to make before your home hits the market. For example, if all of the homes you see have updated appliances in the kitchen and yours doesn’t, that may be a disadvantage you must overcome once your home hits the market. Rather than crossing your fingers and hoping for the best, you can make any necessary changes now so that your home meets buyers’ expectations.

2. Think about where you’ll live next

Once your home sells, you’ll need another place to live. Some sellers can handle two real estate transactions at the same time. This largely depends on whether or not you can handle the risk of having two mortgage payments at one time. Your lender will help you answer this question, and they can run your numbers to see whether or not you would qualify for a second mortgage. As they consider this possibility, their main concern will be how long you can handle both payments before it becomes a serious financial liability for you. Obviously, this isn’t the goal, but you can’t always predict with full accuracy how long it will take for your current home to sell and how much time might pass before you find a new home. Another possibility is to negotiate a rent-back deal with the buyer for your home as a part of the contract. Some buyers will be open to this, but others may not have any interest.

3. Know how to price your home

Pricing your home is an art, and your agent can help you find the sweet spot as you’re thinking about where to list your home. Obviously, nobody wants to list their home for a lower price than what it’s worth or for less than what you think you can get. However, you should also take care to make sure you don’t price your home too high. Not only will you attract fewer interested buyers, but you run the risk of the home not appraising. If the home can’t appraise for a fair market price, your buyer’s financing could fall apart, and they may not be able to purchase the home unless you renegotiate the deal. Your realtor can help you in this area, especially when it comes to looking for opportunities to price your home in a way that stands out on the market. For example, if there are no homes for sale in your area between $450,000 and $500,000 and you were already thinking about pricing your home in that range, you may have a chance to dominate that section of the market.

4. Take marketing and staging seriously

Marketing and staging will help you show your home to the best of its abilities. They will also help you attract more interested buyers to attend your open house or schedule private showings. First, when creating your online listing, ensure you take professional photographs of your home’s best features and create a well-written home write-up without any typos or grammatical errors. This will help your listing appear more engaging and professional. Clear any unnecessary clutter from each room, and make sure your furniture is an appropriate distance from the wall. Many people assume that pushing the furniture up against the wall will make a room feel larger, but it actually has the opposite effect.

5. Prepare for closing

Once you agree to a deal with a prospective buyer to sell your home, you’ll spend the next four to six weeks getting ready for closing. Some deals can fall apart when the inspection reveals a significant issue with the home. You can prepare for this ahead of time by scheduling an inspection of your own before you list your home for sale. This will give you a chance to make any necessary repairs. If nothing else, you can disclose the issues on your listing. You’ll also work with an appraiser and a title company during this time to make sure everything is ready for closing, including the buyer’s funding to purchase the home.

6. Find someone who can help

Most people find that the process of selling their home is much easier when they have someone standing by, ready to help them navigate through all of the twists and turns of handling a real estate transaction. Allie Yates works tirelessly to set herself apart from the competition as a great real estate agent. To her, this means knowing the area’s neighborhoods like the back of her hand. It also means that she is constantly working to develop her already sharp negotiating skills to earn the best deal for each of her clients. She has over 15 years of experience buying and selling property in the local market, and she’s excited about helping even more clients shop for houses for sale in The Pinery in the future. When you’re ready to take the next step towards buying or selling The Pinery real estate, give Allie a call.

Work With Allie

Allie represents an equal number of buyers as sellers and treats each transaction with the same care and high level of service regardless of price. To Allie, every client is important, from the first-time homebuyer to the high-level executive.

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