One way to look at selling your house is much like purchasing a car. As a buyer you are going to be comparing one against the other based on condition, age and price. If all things being equal the lowest price generally will get the buyer's attention.
I just sold a house, in thirteen days, at full list price. The reason, it was priced right and many buyers were interested in it. I had multiple offers on it and all were very close to the asking price. Could I have listed it higher? Perhaps. But then I might not have gotten so much interest or so many offers. The bottom line is I had a seller who was willing to listen to my advice and was smart enough to know that the market for her home was at the price it was listed. Did she want more for her home? Of course she did. But she didn't let her own ego get in the way of selling her home.
Mindy, its time for you to get rid of your ego and listen to a professional's advice. Call me and I will help you sell your home at the right price. 718 689-3850
Quick correction for you, your house no matter what YOU think is only worth what a ready and willing
and qualified (very important!) buyer is ready and willing to pay, otherwise they will walk and look for the
next best property and there is always another one coming along.....
Now put yourself in the position of a buyer, you now want to buy a home, will YOU just pay what the
Seller asks? hm interesting right>
Here is what I suggest strongly to any Seller, I work with or I see their concerns and questions here on
Trulia, it is not what you THINK your house is worth nor what it is that you need or want to sell it for,
it is what the current market will bear and a buyer will like, want to see, then still likes, and is ready to make an offer, and then both side Seller and buyer will have to negotiate on price, terms, because it is
not always just the price that counts!
If you work and list your home with a good experienced local Realtor that Realtor should show you on paper those properties the most similar to yours that have recently sold for how much and their
history or price changes etc., and also should show you on paper homes similar currently competing with yours, remember buyers can look at all of them, higher and lower priced ones, bigger and smaller ones they have a lot of options... so YOU as the seller, want to prepare your home as best as you can and your Realtor will be the most helpful there because they have seen a lot of homes - you may have to do some painting and some staging, and professional photos are a must, so that on the internet buyers will be intrigued to see your home...
I also always show some of the competing homes to my sellers, so that they themselves get a feeling what buyers will see and compare their home to, helps in pricing your home right, competitively, to get a lot of interest, and yes including in the initial list price a buffer for negotiations.
work with a Realtor, it is a wise decision, even if you have to pay a commission in that case, but remember if you sell by owner, the buyers want part of what you save, they know better they are well informed and if they come with their own Buyers Agent, that Agent will want an agreement in writing from you that YOU the seller if this buyer buys a commission (part of a full commission but often more than half ) to bring the buyer to see your home, before even showing it....
So give it some thought and I hope you will connect with a local Realtor for all your concerns and list
your home with him/her, if you need a recommendation let me know.
Edith YourRealtor4Life & Chicago and Northern Illinois Expert
Working always in the very BEST interest of her clients, Buyers, Sellers and Investors alike....
And always with a SMILE ïŠ
Covering for @Properties the city of Chicago, all N and NW suburbs, the fine homes on the
North Shore, and many of the W and SW suburbs, and with her trusted Partner Agents all of
the US and worldwide properties. Edith speaks French, German, some Spanish and other.....
@Properties Brokerage, 30 Green Bay Road, Winnetka, Illinois 60093
Check out my website at htttp://tinyurl.com/YourRealtor4Life
HAVE THE MOST WONDERFUL DAY :)