🏡 Age-Old Real Estate Selling Tips to Ignore

Reblogger Gwen Fowler-864-916-2019 SC Mountains Lakes Homes
Real Estate Broker/Owner with Gwen Fowler Real Estate, Inc 10307
Original content by Anna Chroscicki

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 as a fixer-upper, buyers expect the home to be in reasonable condition and a low price might not be enough to encourage an offer.

• You must update your kitchen to sell – Buyers do love renovated kitchens, but keep in mind that you typically recover only 81% of the cost of a remodel when selling. Selling a home is a major life decision. Before you begin the process of listing your home, do your research and make sure the advice you rely on is valid in today’s changing environment.

 

🏡 FOR MORE ANSWERS TO YOUR REAL ESTATE QUESTIONS, 📞CALL:

 Anna Chroscicki

REMAX Masterpiece

772-485-4188

anna@annasellsrealestate.com

 

 

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Rainmaker
3,477,331
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Gwen,  Great reblog to share with us here in the rain.  Hope you are having a great day!

 

Aug 04, 2020 10:06 AM #1
Rainmaker
4,384,144
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Gwen, completely agree with Anna, but in our frenzied market, those first offers usually ARE the best.  Open houses RARELY sell a home, and if you list too high, you won't see ANY showings.

Aug 04, 2020 12:06 PM #2
Rainmaker
3,495,288
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Hi Gwen... great reblog... those have been tried and true for as long as I've been in real estate, which is now 27 years.  

Aug 04, 2020 01:29 PM #3
Rainmaker
3,403,071
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Yes it is a great re-blog 24+ years of being in the trenches the answer is easy... you need to focus on the ones that do not focus on Uncle Joe and Aunt Mary's advice but take mine:)Endre

Aug 04, 2020 10:45 PM #4
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Gwen Fowler-864-916-2019 SC Mountains Lakes Homes

Gwen Fowler Real Estate, Inc.
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