Anna Messina's Blog
When you put your home on the market, it would be nice if you could just put a “For Sale” sign out front, then the home would magically sell. Unfortunately, that’s not how it works. Most home searches begin online today. Then, buyers move to open houses and private home showings. Whether you live in a condo, townhouse, or a single family house, there’s ways that you can increase the amount of traffic to your home showing. The more people that see the property in person, the more likely someone is to buy it! You’ll need to work with your realtor to effectively market your home and make it easily available for home showings.
Don’t Require That Your Agent Be The Only One Who Shows The Home
The MLS is where properties for sale are listed and how realtors help their clients find homes. The listing should state that you have a lockbox available to allow other realtors to get into the home with a client. They will call first in order to set up an appointment for a showing. Also, don’t be restrictive for your showing times. Of course, your home won’t be available 24 hours a day, but you need to be flexible. Work with your realtor to set appropriate times for potential buyers to do walkthroughs.
Outside The Box Marketing Strategies
Aside from simply listing the home and posting it on social media, try other marketing methods. Maybe you can do some direct mailing to the neighborhood in order to announce that the home is for sale and showings are available. You can also put ads for the home showing in the local newspaper, on Craigslist and on Facebook message boards.
Don’t Forget The Buyer’s Agent Commission
Most likely, your listing agreement states that the buyer’s agent and the seller's agent are splitting the commission on your home 50/50. You can raise the amount of the commission and give the buyer’s agent a higher percentage to make the home more attractive to both realtors and buyers. Realtors are more likely to want to show the home, if they have a little extra incentive to bring clients to your home for sale. The money you get from the sale of your home is yours, so use a little of it to get your home sold faster, possibly for a better price.
Organize A Neighborhood Open House
If there are a few other homes in the neighborhood for sale, ask your realtor to try and coordinate with other agents to hold all of the open houses during the same hours on the same day. Real estate agents tend to love to work together because it gives mutual benefits to both parties. This strategy will attract a larger crowd because people who attend one open house will drive by with curiosity, or notice how close the open house listings are together and plan to visit all of the showings during that day.
If you plan your home showings right alongside your realtor, you should have your home sold in a timely manner to the right buyer for a great price.
If you recently sold your house, you may have only a short amount of time to sell some of your large, heavy belongings before moving day. Among these items likely are the couches, chairs and other furniture that you have collected over the years.
Ultimately, selling furniture prior to your move can be quick and simple – here are three tips to help you find furniture buyers and maximize the value of your furniture.
1. Establish a Competitive Price
A competitive price for a dining room table, bed or other home furniture can make a world of difference. If you establish an aggressive price from the get-go, you should have no trouble stirring up interest in your furniture from many potential buyers.
Consider the age and condition of your furniture before you set a price for it. If your furniture is only a few years old and remains in great shape, you may be able to fetch a lofty sum for it. Comparatively, if your furniture shows signs of wear and tear, you may need to lower your pricing expectations.
It often helps to be flexible with the price of your furniture as well. And if a furniture buyer makes an offer that falls below your initial asking price, you may want to consider all of your options closely to determine whether to accept, reject or counter this proposal.
2. List Your Furniture Online
Craigslist and other online marketplaces make it simple to list your furniture on the web in just seconds. Then, you can sit back and await responses from potential furniture buyers.
If you decide to list your furniture online, be sure to include high-resolution photos. If your online posting includes photos that show off the quality of your furniture, you can increase the likelihood of a quick, profitable sale.
Furthermore, incorporate plenty of details about your furniture into your web posting. With an informative and engaging furniture description, you can make it easy for a potential buyer to determine whether your chair, ottoman or other furniture is the right choice.
3. Host a Yard Sale
A yard sale offers a valuable opportunity to sell furniture, as well as a variety of other big and small items. If you allocate the necessary time and resources to plan ahead for a yard sale, you can improve your chances of optimizing your profits.
You also may want to post flyers to highlight your furniture to neighbors. These flyers can help you showcase your furniture to individuals who won't have to travel too far to pick it up.
Don't forget to share information about your furniture with family members and friends too. These loved ones may even be able to share details about your furniture – along with other items that you plan to sell – with their friends on social media.
Lastly, when it comes to selling furniture, it usually helps to collaborate with a real estate agent. In addition to helping you sell your home, a real estate agent can provide expert recommendations to help you get rid of furniture prior to moving day.
As you get ready to add your house to the real estate market, you likely will consider high and low initial asking prices. However, it is important to remember that no two residences are exactly alike. And much in the same vein, the initial asking price for your home may vary from that of a similar residence based on your house's condition, age and other factors.
Ultimately, a diligent home seller will allocate the necessary time and resources to determine a competitive initial asking price for his or her residence. This seller will be able to establish an initial home asking price that hits the mark with buyers, and as a result, stir up plenty of interest in his or her house.
Determining the ideal initial home asking price may seem tough at first. Fortunately, we're here to help you set a competitive price for your residence, regardless of the current housing market's conditions.
Now, let's take a look at three tips to help you establish the ideal initial asking price for your residence.
1. Assess Your Home
The present condition of your house may have a major impact on its value. Thus, you should perform a home inspection before you list your house to identify any underlying problems and address such issues.
A home inspection is generally requested by a buyer after a seller accepts an offer on a residence. Conversely, a seller who wants to go above and beyond the call of duty may perform an inspection to take a proactive approach to home improvement projects. This approach may help a seller mitigate potential home problems before they are discovered later in the home selling process.
Thanks to a home inspection, a seller can establish home improvement priorities. Then, this seller can perform myriad home improvements and move closer to maximizing the value of his or her residence.
2. Evaluate the Housing Market
Operating in a seller's market is far different from selling a house in a buyer's market. If you review the real estate market, you can gain the insights you need to establish a competitive price for your home.
Take a look at the prices of houses in your area that are similar to your own residence. This information will enable you to understand the price range for comparable houses in your city or town.
Also, evaluate the prices of recently sold residences in your area. This housing sector data will allow you to determine whether you are operating in a buyer's or seller's market.
3. Collaborate with a Real Estate Agent
A real estate agent knows the ins and outs of selling a home in any housing market. He or she can offer a wide assortment of housing market data. Perhaps most important, a real estate agent will make it simple for you to establish a competitive price for your residence and reap the benefits of a fast, profitable home selling experience.
Want to add your house to the real estate market? Use the aforementioned tips, and you should have no trouble setting a competitive initial asking price for your house.