Selling Your Home

                If you are a Home Seller in America – your head must be spinning. Explore Real Estate News About Selling Your Home Selling Your Home Everywhere you look is someone else giving you different information on the best ways to get you home sold.  You will also come across hundreds of different AVMs also called Automated Valuation Models.  These are the computer algorithms that attempt to provide your home’s current value.  Then, of course, you have the CMA (current market analysis) of what your home is worth, which was done manually by a real estate agent.  Lets make it worse, say you have interviewed 5 Realtors to list your home for sale, each of them have most likely given you a different value on your home. Understanding the Bias When taking in all of the information about selling your home, its important to keep in mind the bias of where you are getting that information.  For instance, some real estate agents may go as far as to tell you your home is worth much more than it really is.  This is to get the listing agreement signed; when you don’t see the number of offers you expected, they then tell you that the home may be overpriced for the market. If you are using one of those “get your home’s value” things that are automated, its important to remember that the valuation from those types of products do not take into consideration much of the uniqueness of your home.  If you have not had many properties recently sold around your house, those algorithms will struggle getting you a true value. Marketing Options for Your Home Another area of disparity when you are selling you home is the multitude of marketing options available to you.  Depending on where you get your information, you may read that Home Staging is the #1 thing to get your home sold fast.  You may come across an article that says how much more money you can sell you home for if you were to only use professional photos. If you speak to one Realtor, they will tell you that they are going to blast your property listing to thousands of the top real estate websites.  Another says they are going to feature your home for sale in the local paper.  Some will tell you that they will discount the commission you pay them while others claim that listing your home at an elevated commission attracts real estate agents to show your home. Truth is, there is NO silver bullet in selling your home.  Let me take that back — there is a silver bullet…PRICE.  If you want to sell your home in 24 hours, price it at 1/2 of the value.  Wait…that doesn’t sound good to you?  Then we better do A LOT of things right if you want to sell your home at a decent price in a relatively short period of time. So What Works?…