How to take advantage of a seller’s market Are the properties in your area selling quickly? If you plan to list your home, here are some tips to help you reap the benefits of a seller’s market.
1. Price fairly It can be tempting to set a high price in a seller’s market, but this reduces your chances of making a quick sale. You also shouldn’t list the property at too low of a rate, as there’s no guarantee a bidding war will result in you selling the home for the amount you want.
2. Stage carefully Remove furnishings that clutter the space, and paint rooms in neutral tones. You should also hide personal items like family photos, as this will help potential buyers imagine themselves living there.
3. Advertise strategically If you publicize that your home’s for sale on a Thursday, potential buyers can take advantage of the weekend to visit and, hopefully, have time to prepare an offer. For more strategies, reach out to a local real estate agent.
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August 2021
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