How To Sell Your Home
There are several factors that determine how quickly and at what price a home will sell. For example, one important factor may actually be the current owner’s reasons for selling. If you are in the process or are considering selling your home, it is important to think about your reasons for selling. It usually comes down to two things:
Time or Money
Identify which of these is most important, time or money. For some it’s imperative that the home sells quickly. For others, they aren’t necessarily on a short timeline, but they may want to put a little extra money in their pocket. Or maybe their payoff is a little high and they need to get above a certain amount. They obviously aren’t as motivated to sell quickly because they would then be sacrificing financially. If you feel that you must get 95% of what the market value is for your home, it’s not likely that you’ll sell in the first 30 days of its listing. Remember that the sale price of a home is not based on what a homeowner thinks their home is worth. Instead, it is based on what a buyer is willing to pay. That is based on what the market dictates (past and present value). An overpriced home will cause frustration and serve no beneficial purpose! The most crucial time in marketing your home is the first 45 days!