{"id":270,"date":"2018-07-25T05:36:20","date_gmt":"2018-07-25T05:36:20","guid":{"rendered":"http:\/\/renwre.info\/2018\/07\/25\/selling-your-home-heres-2-ways-to-get-the-best-price\/"},"modified":"2018-07-25T05:36:20","modified_gmt":"2018-07-25T05:36:20","slug":"selling-your-home-heres-2-ways-to-get-the-best-price","status":"publish","type":"post","link":"http:\/\/renwre.info\/?p=270","title":{"rendered":"Selling Your Home? Here\u2019s 2 Ways to Get the Best Price!"},"content":{"rendered":"
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\"Selling<\/p>\n

Every homeowner wants to make sure that they maximize their financial reward when selling their home, but how do you guarantee that you receive the maximum value for your house?<\/span><\/p>\n

Here are two ways to ensure that you get the highest price possible.<\/p>\n

1. Price it a Little Low<\/strong><\/h4>\n

This may seem counterintuitive, but let\u2019s take a look at this concept for a moment. Many homeowners think that pricing their homes a little OVER market value will leave them\u00a0with room for negotiation when, in actuality, it just dramatically lessens the demand<\/a> for their houses\u00a0(see chart below).<\/em><\/p>\n

\"Selling<\/a><\/p>\n

Instead of the seller trying to \u2018win\u2019 the negotiation with one buyer, they should price their house so that demand for the home is maximized. By doing so, the\u00a0seller<\/em>\u00a0will not be fighting with\u00a0a\u00a0buyer<\/em>\u00a0over the price but will instead have\u00a0multiple buyers<\/em>\u00a0fighting<\/a> with\u00a0each other<\/em>\u00a0over the house.<\/p>\n

Realtor.com<\/em>\u00a0gives this advice:<\/p>\n

\n

\u201cAim to price your property at or just slightly below the going rate. Today\u2019s buyers are highly informed, so if they sense they\u2019re getting a deal, they\u2019re likely to bid up a property that\u2019s slightly underpriced, especially in areas with low inventory.\u201d<\/em><\/p>\n<\/blockquote>\n

2. Use a Real Estate Professional<\/strong><\/h4>\n

This, too, may seem counterintuitive as the seller<\/a> may think that he or she will make more money by avoiding a real estate commission. With this being said, studies have shown that homes typically sell for more money when handled by real estate professionals.<\/p>\n

A\u00a0study<\/a>\u00a0by\u00a0Collateral Analytics,<\/em>\u00a0reveals that FSBOs don\u2019t actually save any money, and in some cases may be costing themselves more, by not listing with an agent. The data showed that:<\/p>\n

\n

\u201cFSBOs tend to sell for lower prices than comparable home sales, and in many cases below the average differential represented by the prevailing commission rate.\u201d<\/em><\/p>\n<\/blockquote>\n

The results of the study showed that the differential in selling prices for FSBOs, when compared to MLS sales of similar properties, is about 5.5%. Sales in 2017 suggest the average sales price was near 6% lower for FSBO sales of similar properties.<\/p>\n

Bottom Line<\/strong><\/h3>\n

Price your house at or slightly below the current market value and hire a professional. This will guarantee that you maximize the price you get for your house.<\/p>\n<\/div>\n

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Every homeowner wants to make sure that they maximize their financial reward when selling their home, but how do you guarantee that you receive the maximum value for your house? Here are two ways to ensure that you get the Continue reading Selling Your Home? Here\u2019s 2 Ways to Get the Best Price!<\/span>→<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/posts\/270"}],"collection":[{"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/renwre.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=270"}],"version-history":[{"count":0,"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/posts\/270\/revisions"}],"wp:attachment":[{"href":"http:\/\/renwre.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/renwre.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=270"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/renwre.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}