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🏡 Age-Old Real Estate Selling Tips to Ignore
Homeowners planning to sell their home tend to get unsolicited advice from every direction. “Do this,” “don’t do that”; it can be difficult to decipher the good from the bad advice. As homebuyers become more informed and market-savvy, knowing which age-old advice to ignore can be important. Here are some adages which should be retired immediately. • Spring is the best time to sell – While spring is traditionally when home sales tick upward, the real key to selling is inventory levels, which typically occur other times of the year. • The first offer is always the best – While all offers should be considered, don’t feel pressured to take a sub-par offer just because it was the first. • Open houses sell houses – Not anymore. Only 2% of homes sell as the direct result of an open house, according to the National Association of Realtors®. Virtual tours and online photos will attract more interest than foot traffic. • Price high so there is room to negotiate – Homebuyers are more sophisticated about pricing and will not bother with overpriced homes. • If you don’t want to make repairs then lower your price – Unless you market your home ... more
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