David Higgins' Blog
For home sellers, it may be easy to fall into the trap of overpricing your property. And if you're not careful, you may encounter a number of price-related problems, including:
1. Homebuyers will shy away from your house.
Homebuyers want to find high-quality and affordable residences that they can enjoy for years to come. However, if you overprice your house, you risk alienating large groups of homebuyers instantly.
Price represents a key factor for homebuyers, and as such, you'll want to offer a price that matches homebuyers' expectations and budgets. If you assess the real estate market closely, you should have no trouble establishing a fair price for your home.
For example, home sellers can compare and contrast their houses with residences that currently are listed on the housing market. By doing so, home sellers can evaluate the prices of comparable houses and set prices for their houses based on the current real estate market's conditions.
2. Your home may remain on the real estate market for an extended period of time.
Overpriced homes frequently take longer to sell than other residences. This means your house may linger on the real estate market for months, weeks or years if you fail to price it appropriately.
When it comes to pricing your home, you'll want to make a great first impression on homebuyers. Ultimately, if you establish a fair price from the get-go, you can accelerate the home selling process.
It also is important to note that homebuyers frequently can sense desperation. And the longer your home remains on the market, the more likely it becomes that a homebuyer may assume that a home seller is desperate to get rid of a property. Thus, you might wind up receiving offers far below your initial expectations if you overprice your house.
On the other hand, if you price your house aggressively, you can boost your chances of generating plenty of interest in your residence and receiving multiple offers that meet or exceed your expectations.
3. Your home will be difficult to promote.
There are many great features that help you home stand apart from others. Conversely, an above-average price will hurt your chances to differentiate your home in any real estate market and detract from your real estate agent's ability to promote your house.
For home sellers, it is crucial to listen to your real estate agent. This professional understands what it takes to promote a house and will be able to offer pricing recommendations based on the current housing market. Furthermore, your real estate agent has your best interests in mind and will do everything possible to help you optimize the value of your house.
Work with an experienced real estate agent to ensure you can determine the ideal price for your home – you'll be glad you did. With a real estate agent at your side, you can set a fair price for your residence and move one step closer to selling your residence.
200 Falls Blvd, Quincy, MA 02169
Clutter can be overwhelming, particularly for a home seller who wants to generate plenty of interest in his or her residence. However, there are many quick, easy ways to declutter your house, including:
1. Organize All of Your Belongings.
Although you may have accumulated many items over the years, a step-by-step approach will enable you to organize all of your belongings and declutter your residence at the same time.
To get organized, take a close look at all of the items in your home. Then, sort through these items and differentiate your must-have items from the non-essential ones. This will enable you to declutter your house with ease.
Remember, if you devote the necessary time and resources to organize your belongings now, you can clean up your living space. And as a result, you may be able to make your home an attractive option to a wide range of homebuyers and boost your chances of a quick sale.
2. Add Storage.
If you choose to keep a broad assortment of items in your home, you may want to pick up storage bins. That way, you can place various items in storage bins, label the bins accordingly and store the bins in an attic or basement to minimize clutter.
Furthermore, decorative storage options are available for those who want to declutter without sacrificing their distinct sense of style. For example, chests and dressers make it simple to store clothing and accessories and may help enhance your living space's décor. Also, file cabinets ensure you can store your documents with ease.
Don't forget about garage storage cabinets, either. These cabinets can make a world of difference for home sellers who have assorted tools scattered throughout a garage. In addition, garage storage cabinets often are portable, which means you can bring these cabinets with you after you sell your house.
3. Get Rid of Junk.
Junk can be problematic, but one individual's junk is another's treasure, and it may be simple to find many people to take junk off of your hands.
If you have a large collection of non-essential items that look great and work properly, you may want to consider hosting a yard sale. By doing so, you can declutter your residence and earn extra cash by selling assorted non-essential items.
You may be able to donate non-essential items to local charities as well. And in some instances, you could receive a tax deduction for your charitable donations.
When it comes to decluttering your residence, there is no need to clean up your house alone. Thankfully, your real estate agent can offer guidance and tips to help you take the guesswork out of decluttering. This real estate professional will make it easy for you revamp your house, and as such, help you optimize the value of your residence.
Spend some time decluttering your home – you'll be happy you did. With hard work and attention to detail, you can declutter your residence and bolster its appearance .
51-55 Garfield, Quincy, MA 02169