Experts suggest that the only way for sellers is ‘up’ in 2019 and the coming years as well. While the competition for people who may be looking to buy homes for the first time is still less, the seller’s market is still dominating.
Predictions for selling homes also suggest that the primary targets are still millennials who make up to 37% of home buyers since 2018. Smarter home inventory is expected to increase benefitting the higher priced markets in the West Coast. The trend for lower mortgage rates is also expected to stay till the next year.
Now is a time as crucial as any to sell your home, and if you want to get the best deal, there are some things you should try to avoid.
Having unreasonable expectations
This is crucial, especially when it comes to setting a price for your home. Put yourself in the buyer’s shoes and understand that they will do a complete market analysis before they see your home. Putting a price which is too high doesn’t work in your favor, but setting one too low actually can!
That’s because a lower price will attract multiple clients and create more offers for your home. If you strategize and play it smart, you can make it work in your favor. What helps even more is to hire an agent who will be able to help you set the right price. This brings us to the next big mistake you should avoid.
Not hiring an agent
Real estate agents do more than just show houses to interested parties. A great deal of comprehensive studying of the market and research goes into selling homes. If you try to do it on your own, chances are you will end up losing money, especially when it comes to making negotiations.
Moreover, real-estate agents meet with hundreds of people every day. They come from all sorts of backgrounds and intentions. Agents are experts at sifting through the ones who are merely browsing and finding who serious buyers are.
Concealing major problems in the home
Not only can trying to hide major construction flaws in the home put you in legal trouble, but there’s something else you should avoid as well. The more you put off much needed renovations in your home, the more unattractive your home can be to buyers.
Someone looking to purchase a new home is more interested in one which is ready to be moved in to. If there are more maintenance issues than offers on your table, do the math! You need to bring the house up to speed so it’s ready for the market.
Looking to sell home fast in Camp Hill? We are the best realtors in town and here to help you get the best deal. The award winning Camp Hill realtors in PA can help you sell your home. Contact us for more details.