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3 Smart strategies for selling your home in 2018

3 Smart strategies for selling your home in 2018

Author: Pranil Maharaj
Date: 2018-01-19

Putting a home on the market can be stressful, and some owners have a hard time making objective decisions when it matters most.

Working with a reputable, experienced real estate professional will help sellers to make the right choices when it comes to their most valuable asset.

Here are a few things that agents will assist sellers with to optimise their chances of getting the most out of their property sale:

1. Provide an objective viewpoint -Before placing the home on the market, your agent may recommend that you perform repairs to correct visible flaws.

2. Price the home correctly - Your agent will perform a current market analysis (CMA) to price the home within the correct pricing bracket

3. Take advantage of your market debut - Nine out of ten buyers use the internet as their first port of call when searching for property, making online portals an important marketing strategy.

Bear in mind:

• Homes that have failed to attract a buyer in a reasonable period may be overpriced.

• Foreclosures or short sales in your neighbourhood can impact your home's market value.

• It doesn't pay to set the price too high. Most buyers will need financing, and the bank will generally use an appraisal based on recent sales to justify the loan amount.

• When weighing up an offer, make sure to consider the potential costs of holding on to your property longer than you want or need to.