How To Successfully Sell Your Home In A Down Market
We are in a down market. The home next door is in foreclosure. The neighbor down the street just put up their house for sale at a very a huge discount. If you do not want to end up in this disaster scenario, Jeremy Walsh Real Estate is here to help you sell your home successfully in a down market. Read now.
There is one upside to selling a home in a down market – you can create your own bargain if you will be buying a home after selling your home.
Here are the best tips for selling your home in this down market:
Price Your Home Aggressively. Right now, 4% to 10% of homes sell in any given month. It may take up to 8 to 10 weeks to sell your home. Look at the local ratio of prices to give you an idea about the latest price trends and how much a seller came down from his or her original list price. About 96% of homes still have potential to sell at their original list price.
Keep Staging Professional
Yes, you may not be able to compete with the prices of homes in foreclosure or short sales (homes sold for less than it is owed on the mortgage) but you can outshine these sellers if your home is in top condition and appearance.
Get rid of the clutter in your home and rearrange the rooms to highlight your best features.
Promote Your Home Online
Last but not least, market your home on sale online. You can do this by posting photos of your home online to entice buyers to visit. Make sure all images are high-resolution photos. Some key areas you should take photos of are the kitchen, bathrooms, and backyard.
With these tips you are sure to attract buyers to your property, let Jeremy Walsh Real Estate help you sell your home.
You need to be exclusively represented and have Jeremy Walsh (located in Baltimore, Maryland) on your side to handle all of the important details for you!
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