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Thinking About Buying or Selling a Home?
Here are some essential tips for sellers and aspiring home buyers. Make sure you also lean into your trusted real estate professional for additional insight and guidance.
Smart strategies for sellers
Putting a home up for sale can be stressful, and some home owners have a hard time making objective decisions when it matters most.
Homeowners consistently overestimate the market value of their homes by 5 to 10 percent.
Price it right
Your listing agent will perform a current market analysis. Look closely at the sales of similar homes that have closed in the last 90 days and take the number of available listings into account when agreeing to an asking price.
Keep in mind
Homes that have failed to attract a buyer in a reasonable period of time may be overpriced. Foreclosures or short sales in your neighborhood can impact your home's market value. It doesn't pay to set the price too high; most buyers will need financing and the bank will generously use an appraisal based on the recent sales to justify the loan amount. Your agent may recommend that you perform repairs to correct visible flaws - or even suggest staging your home so it feels more spacious and ... more

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