The decision to part with your home is a tough one. However, having to lower your price after your home has already been on the market is even tougher! The first two weeks after putting your home up for sale are the most crucial. This is when buyers are the most interested in your property. If your home does not sell during this time period, you may need to lower your price.
When buyers see a home with a price that has been lowered, they tend to assume that there is a problem with the house. Avoid this altogether by pricing your home right the first time around. Your listing price should be relevant to today’s current market value. It should be close to the other prices of similar homes for sale in your area. Additionally, it is beneficial to pay attention to price trending. If home prices are beginning to drop, consider pricing your home slightly lower than market value to accommodate for the potential trend. However, if prices are beginning to increase, stay at a current market price.
When preparing your home for a showing, it is important to think about your home’s presentation and curb appeal. Hiring a quality landscaping service, or power washing your entry way can be the boost your home needs to sell at full asking price! Clear out the clutter inside your home before having it photographed, or opening it up to potential buyers. Hire an experienced photographer who will know how to best highlight the features of your home. Lastly, take care of all minor repairs before the showing. Buyers will be looking for imperfections; make sure they will not find any!
For any additional home selling advice, please contact the friendly and experienced real estate professional, Betsy Dittman. Betsy can assist you with your luxury real estate needs in any of the Westside, San Fernando, and Conejo Valley communities.