By Todd
Clark
When you put your
home on the market your agent assumes that you want to sell your
home as quickly as possible for the highest amount of profit. If
this not what you have in mind, you need to tell your agent up front
what you want.
A home that sits on the market for a long
time doesn’t do you or your agent any good. The best way to sell
your home quickly is to price it accurately from the start! A lot of
people think that you should price your home high and then come down
over time. This is not a good strategy to get your home sold for top
dollar. There are two reasons why it is not a good idea to employ
this strategy: First is today’s buyers are far more educated and
know what a good price is and will just skip your home and move to
one that is priced right. The second reason this doesn’t work is
that as a home sits on the market for a long time you are paying for
the mortgage every month that it is on the market and a buyer will
end up offering you a lot lower amount for the home than you
originally wanted, knowing that you may be getting impatient and may
just accept any offer that comes in. Homes that are overpriced from
the start end up selling for 2% lower than the homes that were
priced properly from the time they went on the market. (Information
obtained from the National Association of Realtors.)
The second problem that can keep a home
from selling is curb appeal. Curb appeal can be as simple as putting
a few flowers in the front yard to spruce up how a home looks. But
it can be much bigger of a problem, like a neighbor with a yard that
you are embarrassed by every time your friends come over. The messy
neighbor may be a smaller problem to solve than you may think. If
you hire a landscaper for you and your neighbor’s yard, at your
expense, it will only cost you a couple hundred, but net you
thousands and also a quicker sale. Just explain to your neighbor
that you want to sell your home and that you are offering the
neighbors on both sides of your home free landscaping to bring about
a quicker sale and they probably will not say no.
Remember, a home that a buyer falls in
love with before they even enter through the front door is one they
are more likely to purchase and forget what is inside. Remember when
you found your home? You remembered what the outside looked like,
but you couldn’t tell your best friend if it even had a closet in
the master bedroom. The curb appeal is what sells a home; it is
rarely what is on the inside. So buy a new door handle and mailbox,
and cheers to a quick and profitable sale.
For more information on how to sell your
home more quickly and for the highest possible price, please contact
me anytime.
Todd Clark – broker
Kastings & Associates
Click here to look at properties in
Oregon
(503)524-9494
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