Archive for April, 2010

The days of easily selling your home for a great price, without any effort is not a current reality. In this market it takes more than a sign out front in the yard to attract the attention of qualified buyers. Don’t get discouraged though, because there are things you can to to speed up the process of selling your home.

Competition

Anywhere you look, people are starting to sell their homes either to relocate or downsize. The challenge in selling a property at this time is further aggravated by the numerous bank-owned foreclosures available. It’s hard to get your home noticed if there are some houses on your block listed for dirt cheap prices. Yet while it can be tempting lowering your asking price to compete with cheaper homes, you can easily end up losing more if you do so.

So, what’s the answer? You must be patient and work harder to sell your home. Increase your marketing efforts to get the attention your property deserves. If your neighborhood gets a significant amount of buyers, post some ads around. Watch out for other open houses and arm yourself with an arsenal of brochures that will showcase the most promising features of your property.

Turn to the internet and list on several location-based listing directories.You can choose to use a local search engine marketing consultant to set up a website and really get the word out about your property on the web. The price will be a whole lot cheaper than paying a hefty 7% real estate commission.

Price

There are still several home sellers who list their homes in exorbitant prices. These homes rarely have the chance of even getting a single visit from a buyer. What you must not forget is that affordability is the greatest characteristic of the current real estate market. When you are pricing your home, don’t forget to do your research instead of copying the selling price of the home right down the block. Make sure that your price is affordable but not cheap and can remain competitive.

Staging

There are numerous books available on staging, to make your home look more attractive to buyers. HGTV also has a series dedicated to this subject as well. Two things that come to mind are curb-appeal and clutter.

Dress up the outside of your home with attractive landscaping to make a good first impression and remove all unnecessary clutter from your home. Remember, people buy a home based on emotions, not on logic.

Click Here! to find out how to sell your home in 21 days or less.