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How can I get the most money for my house?

Reblogger
Real Estate Agent with Pine Knoll Shores Realty 252-422-9000 NC 166249

Tish Lloyd has stated very well the things sellers MUST do to get the most for their homes.  Overpricing is the kiss of death and all too often what sellers insist on doing.  In the long run, it costs them dearly.  While Tish Lloyd is in Wrightsville Beach, and I'm on Bogue Banks, her information is right on target.  I hope sellers are reading this blog.  Agents, share it with them.

Original content by Tish Lloyd

I was recently asked, "How can I get the most money for my house?"   Now, this is not a new question for REALTORS® and frankly, the answer is not a new one either.  "Curb Appeal, Staging and PRICING IT RIGHT!"   Not the "magic potion" this Seller was hoping for.  Seems Sellers want to do less work and still over-price their home.  Not sure why anyone thinks this will work in today's market, but the truth is, I hope they like living in that home.  Because if they don't get smart about today's market and what they need to do to sell their home, they're going to be living in it for a long time!

Here's the truth:

  • Buyers today are going to start their look online.  You need to have pictures which show your home in it's best light.  We're not talking Glamour Shots here, the pictures should be representative of your home.  This means you need to get the 11 Lagoon Drive Wrightsville Beach, NCexterior and interior in top shape before you put it on the market.
  • If you don't capture a buyer's attention the minute they pull up to your house, forget it.  They're looking to be wowed, you have to do anything in your power to make that happen.
  • You MUST be priced right!  Reasonably priced listings are more likely to get reasonable offers from reasonable buyers.
  • The longer your house is on the market, the more money you're losing every month. Your property becomes stagnant and by the time you finally decide to lower your price, it's not being shown.  This is not the time to "test" the market!
  • Overpriced listings do not get as many showings. Fewer showings = fewer offers.  Buyers are more educated about real estate than ever, they know if you're overpriced, and are probably going to wait until you"get real" about the pricing.  Why give them a reason to wait?  PRICE IT RIGHT, and you'll be moving in no time!

Nothing screams desperation quite like, price reduction!  Let's just avoid looking like the wallflower, and be the belle of the ball!  Let's get that yard looking spiffy, clean up the porches, paint the trim, de-clutter the interior (don't forget the garage!), set the home up to show off it's best features and PRICE IT RIGHT!  You'll have buyers begging to get their names on your dance card. 

When you're ready to sell your Wrightsville Beach, NC home, give me a call.  I've got the resources we need to get your home at the forefront of the local market.

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Tish Lloyd, REALTOR®

Broker Associate

NC Real Estate Lic. 269076

Prudential Laney Real Estate

527 Causeway Drive

Wrightsville Beach, NC  28480

910.547.1446

  

 Everything's better at the beach . . .

                                                                                

Comments (3)

Tish Lloyd
BlueCoast Realty Corporation - Wilmington, NC
Broker - Wilmington NC and Surrounding Beaches

Marian ~ What a compliment to have you re-blog this!  Thanks!  The more sellers that heed this information, the more likely they are to sell their home.  Wherever that home is!

Oct 17, 2010 02:10 AM
Randy Ostrander
Lake and Lodge Realty LLC - Big Rapids, MI
Real Estate Broker, Serving Big Rapids and West Central MI

Amazing how hard of hearing sellers get when you tell them to lower their price to reality yet blame their agent when their overpriced home sits on market.

Oct 17, 2010 02:26 AM
Alex Morris - Austin Real Estate Agent
Austin, TX

This post pretty much nails what is obvious to most agents, yet so difficult to grasp for most sellers!

Oct 17, 2010 04:50 AM