Check out these four tricks used to get you to spend more (without you knowing it).
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If you recently put your home up for sale, you’ve got great timing! All signs are pointing to a housing market recovery. List prices rose 10% in the first quarter of this year, and even though more homes are coming onto the market, buyers are quickly snapping them up.
The nationwide median list price was $194,900, which is up 3% from last year. But in hard-hit markets like Detroit and cities in California, prices are up more than 30%. Homes are also selling in an average of 81 days—a decrease of nearly 11% from the same time last year.
Is Your Home Sitting on the Sidelines?
If your home has been on the market for a while without much attention, you may need to rethink your sales strategy. Are you working with a real estate agent? If you are, have you chosen a high-energy, high-octane agent you can trust to get the job done?
Local experts you can trust.Find an ELP
You can spot an inferior agent pretty easily. He or she:
- Doesn’t have the experience to give you solid advice
- Doesn’t make communication with you a priority
- Doesn’t execute the marketing plan for your home
- Doesn’t treat you or potential buyers with respect
- Doesn’t get results
The longer your home stays on the market, the less likely you are to get your full asking price. Don’t waste any more time! Address the problem with your agent—or find a new agent if you have to.
This Is Your Home. Don’t Settle for So-So
A great real estate agent is also easy to recognize. Start by looking for an agent with at least five years’ experience so you know you can rely on their advice. You also want an agent who closes at least 40 transactions per year. They’ll have the know-how to get your home sold too.
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The right agent will consistently go above and beyond to exceed your expectations in every aspect of the home-selling process, from pricing and marketing your home through negotiating a purchase contract and closing the deal. All that work translates into results—your home will get sold!
Ask for Help
Keep in mind, a second opinion can be a valuable resource in real estate. Ask an experienced agent in your market to tell you why they think your home hasn’t sold yet. Mostly likely, they’ll have plenty of ideas you can use to come up with a new sales plan.
If you don’t know an experienced agent, we can help you find one who has earned the recommendation of other homeowners who’ve had trouble selling their homes. See for yourself how many homes these agents have sold in your area this year.