CALL US AT 1.800.521.7045 Contact CONTACT US
 
 
image link is broken
Selling your home in a slower market August 28, 2009
By Dave Traynor
 

We at Smith & Associates are proud to have two of the most productive real estate offices in Tampa Bay.  We believe our success in selling real estate in Tampa Bay starts with identifying how to sell your home in a slower market.  Here are some examples derived from an article created by realestateabc.com titled “How to Sell Your Home in a Slow Market”.

Before you even put your home on the market, make sure that all basic repairs are completed. Nothing can turn off a prospective buyer quicker than loose railings, torn screens or missing hardware on cupboard doors.  These easy repairs do not cost a lot of money.  If a home buyer sees that the little things are not attended to, they are likely to believe that the larger items are neglected too.  Let buyers know that you have pride in your home by making sure that all of the small repairs are taken care of.

Keep your home clean throughout the time it is on the market. In a slow real estate market, it is important to have your home available to view at a moment’s notice.  The more often your home is shown, the more likely it is that your home will sell.  Keep your home available to your realtor and so they can present your home quickly to any buyer that shows interest.

Have your home staged by a professional. Home staging has become a booming business and these professionals will help you remove clutter and depersonalize your space.  Prospective home buyers want to picture their family in the home – not yours.  A home full of personal clutter will not display the true potential of your home.

Keep pets contained during a real estate showing and make sure that your cat litter box is always clean. Pet owners tend to get used to the odors caused by pets.  Nothing will turn off a prospective home buyer like a house that smells.  Many people are fearful of dogs, especially ones that they do not know.  Make sure that you either take your dog with you during a showing or put them on a leash outside.

Be realistic in your expectations of the sale price for your home. Forget about what could have been if you had sold it last year and focus on what your home is worth now.  In a buyer’s market, buyers do not have to negotiate much.  Buyers know that you want to sell your home and a home that is priced too high is very likely to be looked over.  Ask a fair price for your home to avoid the need for too much negotiation.

In a slow market, hiring a real estate agent is crucial to get your home sold in a reasonable amount of time. Yes, there are ways to list your home for sale by owner using the internet.  However, nothing beats the experience that comes from a real estate agent who is willing to take care of everything in order to sell your home.

Selling your home can be a stressful time, but you can be successful in selling your home if you remain patient, reasonable and flexible. There are buyers out there and the key is to find them and get them to fall in love with your home.

No Comments »

No comments yet.

RSS feed for comments on this post. TrackBack URL

Leave a comment

Powered by WP Hashcash