Home Pricing – Avoid These Mistakes

The ultimate dream for many adults is the ability to purchase a home. For some, this comes early in life, for others, it might be later. Either way, with mortgage rates at the lowest they have been in years, it is the perfect time to find a home.

You can’t sell your home if no one knows it is for sale so, you will need to do some marketing. You can advertise in local newspapers, post fliers in local stores and even advertise on the internet. There are plenty of places on the internet that you can post advertisements. The internet has the advantage of reaching potential buyers around the world. You could host your own open house and advertise it in the local newspaper and call real estate offices to let them know the dates and times.

Search in your local paper, the courthouse and even other Real Estate Agent offices for foreclosure listings, or homes that are being sold by HUD for the greatest profits when investing in real estate. These properties are sold at a deep discount in order to get them off the books.

If you are planning to sell your house to relocate for a new job that is far away, do not wait until the last minute to list your house. Unless you are financially able to pay for two properties at once, you shouldn’t put this off. Depending on the season, buyers may or may not be more inclined to buy a new home, especially families with children who are enrolled in classes already.

When selling a home, spring is the ideal time to do it. Many families do not want to uproot their children during the school year. Get your home ready for the market during the winter months and list it by late February. This will give you five months to sell during the peak months of the year.

You need to also be looking as such things as the floor plan, space that is adequate for both the present and the future, the number of bathrooms and bedrooms, if there is an office or bonus room, the size and quality of the kitchen, and if the home will be pleasant all year around, if there is snow, rain or sunshine. Is there a yard that is big enough, a dog run, pool, spa, or patio that will be great for a Saturday afternoon lounge or BBQ. Make sure your basic qualifications are covered, and then look for the bonuses! Almost every home has them.

Speaking of price, no one can do a better job of recommending a good selling price for your home. A real estate agent knows the market like no one else. They will know what price point sells and which one doesn’t. Having this expertise can save you a lot of time and frustration and you aim to unload the property and move on with your life.

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