Helping Turn Houses into Homes
February 22nd, 2012 
Debra Falcone
Sales Representative

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Gone are the days - for now, at least - when sellers sparked bidding wars and were able to sell properties for more than their asking price.  Buyers are in the driver's seat now.  Below are some tips for selling your home in a buyer's market: 

ˇ Have a home inspection performed before putting your home on the market.  By doing so, you'll be able to address on your terms any issues the inspection reveals before they give buyers an excuse to pass on your property.  In today's market, it's especially important to eliminate any factors that might give potential buyers reason to say 'no'.

ˇ Price in right.  A competitive price is essential in any market, but it's particularly crucial in markets where available properties outnumber buyers.  Now is not the time to overprice your property with the intention of allowing some negotiating room; now is the time to price your property for maximum appeal to potential buyers.

ˇ Make sure your home is in perfect showing condition.  That means it should be well maintained, bright, clean, free of clutter, have an  appealing smell or none at all and have a neutral updated décor.

ˇ Offer incentives.  Aside from a competitive price, think about what else you could provide buyers with in order to make your home stand out as more   appealing.  Perhaps you could offer a redecorating allowance, flexible closing date or even tickets to an upcoming event.

 

 

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