What Does the Market Look Like Today?
Not all markets are created equal. Ideally, you will sell during a seller's market, which means that there are more people looking to buy than looking to sell. During such a market, recent home sales tend to reflect higher prices per square foot as buyers compete to acquire one of the few quality homes up for sale. Understanding the market and how much comparable homes are going for is important as it will tell you how much to list your property for.
Get Your Home off the Market Quickly
When you put your home on the market, you want it to be gone as soon as possible. Ideally, you will receive an offer within days of putting it on the market or within a week or two of showing it for the first time. Your real estate agent will provide you with sellers resources that you can use to get your home sold fast and for a great price. For instance, you can learn how to price your home to sell or how to negotiate with a buyer to close the transaction in a timely manner and in a manner favorable to you as a seller.
Understand the Value of a Home Appraisal
Getting your home appraised can give you a good idea as to how much it should be worth on the open market. For instance, if the home is appraised at $100,000, you should list it for $100,000. However, market conditions will also play a role in how much you actually get for the house. If there are multiple offers, you may get more than list price, but you may get less than list price if demand is not as high as anticipated.
If you are thinking about selling your home, you should talk with a real estate agent about the process of doing so. You get the information that you need to make the get full market value for your property in a timely manner.
Recent Home Sales - What are homes selling for in your neighborhood?
Seller Resources - Articles to help you navigate the selling process.
- Check out home values.