SOLD! To the Highest Bidder!
If you are planning to sell your home, no doubt you have tuned in already to the pulse of the current market. The latest stats show the average list to sale price ratio to be 98%. Also, months of inventory is only marginally higher than last month, at 1.9 months. Even though we’re seeing a few more sellers putting their homes on the market, we are still in an exceptionally unbalanced market, with the scales clearly tipped in favor of you, the seller.
If you have a great agent working for you to market and sell your home, you’ll be able to capitalize on the current market. There are many strategies to sell your home. An experienced full-time agent will be knowledgeable about how to generate interest in your home prior to listing it, so that you can make the most out of the competition for your home.
Once you have your agent, it is important to focus on making your house look it’s best.
There are many things you can do to make your house look it’s best. This may involve painting, cleaning, putting things in storage, landscaping, etc. Keep in mind that “sparkle sells”.
Professional photos are a must. No matter how good your agent’s smart phone takes pictures, they will not compare to photos with lighting and editing by a professional. Even in this market, your potential buyers are going to pick and choose which home they want to see based mainly on the photos your agent presents.
Those are great actions you can take to get ready, but how do you get it in front of the most buyers at once, so that you can have the kind of competition for your home that leads to offers way over asking price and terms both solid and amenable to you, the seller?
One way is to promote the property as “coming soon” while you are getting it ready to show. This can be done through your Realtor on the Multiple Listing Service. Listing with a Realtor gets your home in front of thousands of local real estate brokers, many of whom are working with multiple buyers. Listing your home as “coming soon” allows these agents to notify their buyer clients and “pre-sell” your home. That way, when you are ready to begin showing, you will have multiple showings to qualified buyers who are already interested, and likely to submit offers. And, you guessed it, they will be competing against each other!
Sounds like a game you’d only want to play if you’re on the winning team, right? Fortunately for sellers, that’s how it’s being played right now.
If you’d like to learn more about selling your home for its highest and best terms, give us a call today!
What's My Home Worth?
Complete the required information about your home and receive a FREE analysis of your homes approximate value on the market today.
What's My Home Worth?Complete the required information about your home and receive a FREE analysis of your homes approximate value on the market today.
About Asheville Realty Group
Asheville Realty Group is a boutique brokerage firm offering full-service real estate services. We have locally experienced agents who specialize in residential homes, luxury homes, investment properties, country-side acreage and everything in between. We love Asheville and the surrounding western North Carolina mountain communities that we call home!
Get in touch with us today by filling out the form below or give us a call at 828-252-1910