Stop using these selling strategies if you actually want to sell your Los Angeles, CA home!
Theoretically, if you list your home on the market you actually want it to sell. That’s why it baffles me that time and time again, people use these “selling strategies” that have been proven to fail. If you’re serious about finding a buyer and making a profit from your home, stay far away from these selling strategies that could tank your sale.
- Pricing High: I understand that you put a lot of work into renovating your home. I understand that you’d like to recoup as much of that money as possible. That doesn’t mean that you can necessarily expect to get every cent back, though. Pricing your home too high will price it right out of your local market, and your listing will be left languishing. If you want your home to sell, look at comparable sales in your neighborhood and work with your agent to price it competitively.
- Refusing Offers: You’d like to make a certain profit margin on your home when it sells, so it’s tempting to balk at offers that come in lower than anticipated. Don’t reject them outright, though! All offers are just a starting point for negotiating, and your agent may yet be able to work the buyer up to a better price point. Don’t lose them by rejecting their offer right away!
- Choosing an Agent Quickly: Make sure you interview multiple real estate agents. The wrong one could leave you not getting as much money as you deserve or, worse yet, not being able to sell at all!
There are just a few selling strategies that I’ve seen fail time and time again, and my goal is to help you steer clear of them. To learn about what does and doesn’t work when trying to sell your Los Angeles home, contact me, Betsy Dittman. I’m a local real estate agent with years of experience who can help you avoid mistakes that could make it impossible to sell your home!