Fueled by low interest rates and aÂ recovering economy, buyer demand is now on the increase while the current inventory of available homes is now on the decrease. There is much talk about the current real estate market becoming a sellerâ€™s market. If youâ€™re considering taking advantage of this shift in the market and selling your Phoenix areaÂ home, there are some common mistakes that youâ€™ll want to avoid because they can negatively impact how long your home is on the market and how much your home is sold for.
Underestimating Cleaning Up: How you show your home tells the buyer what type of care you, the seller, has put into the home. It may seem obvious, but if you canâ€™t take the time to wipe the grime off the refrigerator doors, tidy up the rooms, clear the counters, and take the dogs out of the house for a while, then buyers will likely quickly move on to the next home on their list.
Lingering During Showings: Buyers often feel pressured and uncomfortable discussing the homeâ€™s potential in front of the seller. They are also less likely to freely explore the home with the seller hanging around. As the home seller, itâ€™s best to make yourself scarce and let your agent do their job. You can get all the details from your agent when the showing or open house is over.
Pricing a home incorrectly: Itâ€™s very important to price your home correctly relative to current market conditions. Because the real estate market is continually changing, and market fluctuations have an effect on property values, itâ€™s best to select your list price based on the most recent comparable sales in your neighborhood. Real estate agents see homes every single day. They know the neighborhoods and the comps. Get a market evaluation from your agent and understand what is a fair price for your home in todayâ€™s market.
Contact Jeff Mason and Associates at DPR Realty at 602-803-6394 or via email, for assistance with any and all of your Phoenix, AZÂ Area Real Estate, weâ€™re everywhere in the greater Phoenix metro area and are here to serve you.