Wanting to sell your home for the most amount of money and in the shortest time frame? Location, condition, price and exposure are the critical factors when selling a home.
Unlike location, which is fixed, you have control over the condition of your home. To improve the condition there are several things that can be done including cleaning, decluttering, staging, updating, and painting to name a few.
Next is pricing your home correctly which is critical to the sale. We understand that the homeowner wants to sell their house for as much money as possible, but if your asking price is too high it will only help sell other houses in your area. We often hear “List it high, we can always come down” This is true to an extent but there are at least three negative outcomes you can expect from overpricing a property:
1) The time your home sits on the market will increase, making buyers think you are more likely to accept a lower offer than the home's fair market value.
2) You will be missing out on buyers who should be looking at your house, but because it is out their price range they will miss it. This can happen when you price outside of a range such as choosing $465,000 instead of $449,000.
3) You may receive low offers or no offers at all. A higher asking price does not always equal a higher sales price. The more you overprice a property, the more likely you are to eventually sell it at a price lower than its market value.
Lastly is exposure which is very important. You might have the best house in town for sale but if no one knows about it, the chances of it selling are very slim. Social media or classified sites such as Facebook or Kijiji can work, but to gain maximum exposure and get your house in front of the most people who are ready and willing to buy, it should be on the MLS® system. Considering that 89% of homes sold in Canada are sold through the MLS® system, it could be one of the biggest factors in getting your home SOLD!
Say “N0” to high Real Estate Fees and commissions! Sell and Save can get your property on MLS for a flat fee instead of paying a listing commission potentially saving you THOUSANDS!
For more information see our website www.sellandsave.ca.
The chart below has an example of the potential savings.
Ready to list your home? Call Bridget today at 403-502-4400.
No comments:
Post a Comment