In today’s video, I talk about things to consider when the time comes to sell your home. How to price your house to sell and setting realistic expectations when selling your home.
- Pricing Strategy: When pricing your home, it’s all about your goals. Need to sell fast? Pricing competitively based on market value can speed things up. If maximizing profit is your aim and you’re not in a rush, pricing a bit higher might be the way to go.
- Realistic Expectations: It’s natural to want to recoup every penny spent on home improvements, but it’s not always possible. For instance, while that 100K movie theater might make your home stand out, buyers may not be willing to pay the full amount above market value. Keeping expectations realistic will save time and frustration.
- Location Matters: The neighborhood plays a big role in determining price. In-demand areas often command higher prices, while less desirable locations may limit your return on investment. It’s worth considering how your home stacks up in its location when setting expectations.
- Preparing for Sale: Small touches like minor repairs, fresh paint, and decluttering can make a big difference in how your home presents to potential buyers. Don’t forget about curb appeal – a tidy exterior sets a positive tone from the moment buyers arrive.