How to Get Top Dollar When Selling Your Home

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1) Offer Home Buyer Incentives & Pre-paids

A buyer who has already done their homework and has narrowed their purchase options down to two or three homes they are most interested in may need a little extra reason to take action. To encourage interested buyers, home sellers may choose to offer incentives like buying the interest rate down on the purchaser’s loan, paying for closing costs, inspections, or repairs, or offering allowances or credits for upgrades after closing.

2) Learn Fast From Bidder Comments

Don’t feel like a failure if the first home offer falls through. Savvy home sellers have the patience to take criticism and make positive adjustments to marketing strategies. However, if after implementing marketing updates, home buyers request a home viewing more, it is a clear indication that the market timing could be better or take another honest look at how ready the home is for listing. One solution is to lower your price. On the other hand, having a steady stream of buyers touring your listing, yet no offers or purchase bids are coming in is often a symptom of buyers rejecting, not the price, but the home itself. Identify problems, fix them, and try again.

3) Know What Home Buyers Want Before Selling A Home

More buyers are desiring a house that is energy efficient, all fixed up and ready to move right in. A home that fits buyer wish lists stands a good chance to both sell quickly and gain a top dollar at the same time. Start by appealing correctly to what buyers want. Being fast on the draw to offer credit off a home’s asking price to do repairs rather than fixing the repair, reduces a home’s selling price when a top dollar could be gained.

4) Smart Home Improvements Get Top Dollar When Selling A House

If selling a home is far enough out, completing the right home improvement projects can help gain a better home price. Appraisers say an addition provides more returned value to a home than most other improvements. A home seller may not find that the buyer writes a check for the cost of the work in terms of a higher home price; however, the home will likely attract more potential buyers, generating sellers opportunities to receive multiple bid offers.

5) Make The Home Pristine Inside and Out

Buyers won’t write a home purchase offer unless they become emotionally invested first. Boost a stronger first impression on the home’s exterior first by working hard to improve curb appeal. Then tackle the home’s interior and stage each room by creating a focal point and a unique story for each space. A set dining table, flowers in the front entrance, or a quite classic playing softly in the home theatre are all simple examples of staging.

Remember, a buyer can always make an offer, but over-pricing your listing will not gain more showings. When searching for the right purchase, buyers have many choices out there and every day new real estate listings crop up. It is best to make diligent preparation before listing to get top dollar when selling your home.