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Selling Secret #10 - Price your home right the first time

So many sellers make the mistake of pricing their home way too high at first with the idea that they can always lower the price later. But this is the wrong way to go! When a home is first listed on the MLS (Multiple Listing Services - a service your realtor has that shows all the homes available in our market) , that’s when you’ll get the most interest and buzz about your home. If you price it too high out of the gate, people will pass right by your listing and by the time you figure that out and lower the price, it can be too late. Not to mention, if you see something with its price marked down, sometimes your first thought is that something is wrong with that item. Same goes for a…

Selling your home is a big step, and a necessary one to move on to the next stage of your life! Whether you’re downsizing after children, relocating to a new neighborhood or are due for an upgrade, the process of selling your home can be a tricky one if you aren’t prepared. Having sold more than our fair share of homes, here is our best advice for selling your home: 

Choose an experienced Realtor

Your home is one of the largest investments you'll ever make in your life, so it's extremely important that you choose the right agent to represent your interests. Choose someone who is experienced and knowledgeable about the market. Your realtor will have information like how many houses are currently on the market in your area and the average number…

Whether you’re selling your home or looking to buy a home, it’s important to know the reasons why the deal may not work out in order to plan in advance. We’ve made a list of our top five reasons so you can do what you can to avoid them! 

1. The home didn't appraise for the contract price

In a market like ours where there are so few homes available, it’s very possible for a buyer to get into a multiple offer situation. In that case, if you really want the home, it’s important to offer your highest and best. But what happens if the home doesn’t appraise for the agreed-upon contract price? In this case, the buyer might have to bring additional funds to the table, which might not be an option, or get a second opinion. Or the seller has to be…

So you’ve finally put your house on the market…and it’s not selling. What’s going wrong? There is usually an easy answer to that question and most likely it’s one of the four things listed below.

1. Price

Of course you feel your home is worth the moon and the stars—it’s your home, and it’s sentimental for you. However, the number you have in your head might not actually match your home’s true value. A good realtor will look into all the comps for an area and guide you to the perfect price for your home. But if you come up with a price and aren’t willing to allow that experienced realtor to help, chances are your home is going to stay put. Today’s buyers are savvy and can sense when a home is priced too high for what it is or the area it’s in.…