If you are thinking about selling your house in Charlotte, Belmont, Mt. Holly or just about anywhere in North Carolina or even South Carolina, now is a great time to hit the real estate market. With the economy booming in North and South Carolina, more professionals are moving to the area to pursue the growing list of career and real estate opportunities. Families also love calling the Carolinas home, because of the many things to see or do to for all ages and interests to enjoy.
Homeowners who are hoping to sell will want to make sure that they're getting the best price for their home. How is it possible to ensure that you're getting the right price? The following are 2 ways homeowners can increase their chances of making top dollar on their home:
1. Price Low
It might seem counter-intuitive, but not as unreasonable as you think. If you are selling your house in North or South Carolina at a price that's slightly over market value, chances are you will end up receiving less. Pricing high doesn't always leave room for negotiations-in fact, it can drastically change the way potential buyers look at your home. Many will look elsewhere.
So rather than having to “win” negotiations with any one specific buyer, selling your home at a lower price will begin to attract more buyers, thus increasing competition. As a result, the seller will have various buyers from which to choose, which is more likely to drive up the price with the increase in demand.
Advice for selling your home found at Realtor.com explains that its best to price your home at or just below the market rate, considering that home buyers are generally more well-informed and will recognize if they're getting a deal. This is especially true in areas with low inventory.
2. Hire A Real Estate Consultant
Many people assume that by selling their home without the help of an agent, they will automatically save more money. However, homeowners who sell on their own typically get less for their property - whereas real estate agents will know how the best strategies to use in order to close a sale at your asking price.
The National Association of Realtors explained:
“The median selling price for all FSBO homes was $185,000 last year. When the buyer knew the seller in FSBO sales, the number sinks to the median selling price of $163,800. However, homes that were sold with the assistance of an agent had a median selling price of $245,000 - nearly $60,000 more for the typical home sale.”
If you are selling your house in Charlotte or anywhere else throughout North Carolina and South Carolina, your best bet is to hire a NC or SC realtor who will help price your home slightly lower than market value close the sale at a fair price. Taking advantage of both of these tips will help make the process easier, and ensure that you get the best asking price for your home when you're ready to sell.
Are you wondering about the current value of your home? Feel free to utilize this Home Valuation Form for assistance!
If you would like to talk to an experienced real estate consultant, Showcase Realty serves both the NC and SC markets. Call us today at 704.997.3794 for help with selling your home.
As a guarantee with conditions applied - Your home will sell in 120 days or I will pay you $2500!