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Posted over 15 years ago

A Realtor's Secret to Selling Your Home for Top Dollar

Selling your home could be one of the most important decisions you will make in your lifetime. And if you are like most sellers, your ultimate goal is to sell your home for the most money in the shortest possible amount of time.

If your home has been on the market and you have not received any offers you're probably facing the question of what to do.  If your house stays on the market too long without selling it can begin to appear "stale" and can actually damage your future chances of a sale.
How long is too long?  If your home has been on the market for as much as 45 days and you have not received an offer, you need to pay special attention to these tips from a longtime professional Realtor.

•    How is your curb appeal? Is the lawn weedy or the garden bare? Many home buyers will judge the inside of your home by the tidiness of the exterior. Pay special attention to the front door and entrance.•

Sparkle and Shine. Sparkling -clean houses sell faster than those that look too lived-in or show an abundance of the owner's personality. Home buyers are looking for uncluttered open spaces and clean interior. Put your home in tip top condition.
•    Take a second look at your listing price . Visit open houses in your neighborhood. Are similar homes priced lower? Selling prices may have dropped since your first comparative market analysis. In a hot market, if you haven't sold your home within one month, chances are good that you've overpriced it. If you do lower your asking price, consider a figure slightly below those of other comparable homes if you are interested in a speedy sale.
•    Do whatever it takes to be away from your home during showings and open houses . The presence of sellers makes it difficult for prospective buyers to take their time or talk openly with their partner and agent. Leave some treats out to make potential buyers more comfortable: beverages, nuts, cookies -- anything that won't lose freshness or be too messy.
•    Pay close attention to feedback from showings. The feedback can guide you in making home repairs, toning down your decor, making landscaping improvements and the like.
•    You can offer perks to buyers , such as cash bonus, closing costs or buy down their interest rate to lower monthly payments. You could also consider owner financing.
•    Neutralize your color scheme . Most buyers prefer pale, neutral colors that make it easier to imagine a new home as their own. Houses with white exteriors are the highest sellers; for interiors, try whites, off-whites or pale grays.
•    Expose Hardwoods and buff them until they shine .  It is amazing how many buyers will not even look at a house without hardwoods.
•    If you have dogs, cats , old carpeting, mildew or smoke problems chances are that a potential buyer may offended by the odor. Ventilate the home and invest in an air cleaning and deodorizing product to remove odors. Another option is a cleaning product with living enzymes that consume the odor causing agents and remove the smell permanently.
•    Staging your home is one of the very best ways to sell your home the quickest and for top dollar. Staging sets the scene throughout the home to create immediate buyer interest in the property. The way you live in your home and the way you sell your house are two different things. One idea is to pack up several large pieces of furniture and as much clutter in each room as possible. Don’t just shift to another room or garage, rent storage space and get it out of the house before showing.
•    Pay attention to lighting . Make sure light sources are clean. Cleaning them isn’t enjoyable, but the sparkling lighting will pay off. You may even increase the brightness factor of your rooms by adding brighter bulbs, or by placing accent lamps or cabinet lighting. Be sure and pull back the curtains and lift the blinds. For the best effect, use a balance of natural, overhead, and table or floor lighting.
•    Try readjusting your sights . Determine the lowest price you find acceptable, and consider anything more as icing on the cake. In a longstanding dry market you may even have to sell at a loss, so it's important to take every offer seriously. You don't want to alienate a potential buyer who has solid financing because you've set your sights unrealistically high.
•    If the market is underwater, consider offering an increased commission or a bonus for your listing agent as extra incentive. If you do sweeten the pot for your agent, amend your listing contract to reflect the change, and be sure it's added to the Multiple Listing Service (MLS) book -- buyer agents will also be inspired.

Kay Baker , a life long Top Realtor in Wilmington, NC brings local knowledge and experience to her valued clients. With her decades of experience in the Wilmington, NC real estate market, she can greatly benefit her buyer clients in choosing the perfect Wilmington NC neighborhood, in the negotiation process, obtain the best financing, obtain a home inspection and negotiate the repairs, and assist with the final closing preparations. Her sellers can also reap the rewards of a successful and aggressive Realtor that is always eager to sell their home at a record pace and for the most money possible. Kay has a long track record of selling homes quickly and exposes her listings on over 100 websites.

Kay has earned numerous awards for her outstanding production over the years including the prestigious Coldwell Banker President’s Elite Club.

Kay Baker may be contacted at [email protected] or www.cbbaker.com .


Comments (2)

  1. This is really good information. Close to my heart right now it the piece that tells the seller to be away when their home is being shown. I recently had a seller ramble on and on to buyers about someone who died in their home and it really didn't help give the clients a warm and fuzzy about living there.


  2. Great post, Kay! You provide some good tips for homeowners here. I know firsthand that your last point works . . . many buyers agents will ignore low-commission deals for the higher ones. Increasing an agent's cut will certainly help, especially in a tough market or less than desirable property. I look forward to reading more great posts from you!