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News Updates & Article sharing

How to Sell Your Home at Higher Price

3/13/2016

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Tips to sell homes for a higher price... That's something everyone waiting for. Are you sure? Here's how.

5 tips to sell homes for a higher price!
Refer from StarProperty
Picture
Like many other industries, real estate is driven by the cardinal rule of the market: Buy low, sell high. We all know this. And lately there are a couple of ways to give your sales an edge that stands out. Presenting these five tips to your potential customers will help sell your properties faster and for a higher profit.


1 Smart homes sell faster
Research suggests that homes sell more quickly when they are equipped with the right technology that homebuyers seek. Many buyers are looking for the newest gadgets so that they won’t have to pay to have them installed later. They prefer that their new homes come equipped with the technology that they see in other new homes right now.
Homebuyers are more interested in homes featuring smart features and tech than two to five years ago.

2 Staging matters

Every agent knows the old adage, “Homes that don’t show well don’t close well.” But yet, time and time again we see sellers rail against the time and cost associated with staging a home. After all, if they love their home as it is, why shouldn’t everyone else?
If you have a particularly staging-averse client, take them on a two-home showing: one where the home is staged and one where the home is not.

3 The market sets the price, not the owner

It’s understandable that many home sellers think that their home is above the price that the market dictates.
Sentimental value often translates into an inflated sense of the home’s worth, but when it comes price, the winning opinion is always the market’s opinion.
Agents know it’s impossible to effectively price a home without taking into account the competition. Unfortunately, too many sellers don’t.
First, it’s essential to determine how much the seller thinks their home is worth. If their expectation is wildly inappropriate, it may be worth taking the clients to see a home that is on the market and priced at their expectation.
Then, take the seller to a comparable home that is priced similarly to where you feel their home should be priced.
Take the time to both educate them on the competition and give them expert home pricing tips to help them understand your pricing strategy.

4 Small renovations may mean big bucks

In many cases, the cost of repairing a home is less than what a potential buyer may estimate.
If buyers overestimate the cost of fixing the problem, it may negatively impact the offer amount and end up costing the seller more
in the long run.
Be upfront with your seller clients when you spot unsightly blemishes that could cost your clients the deal.
Before you list and start marketing the property, counsel your sellers on the improvements you know will make a difference when it comes to price.

​5 Real estate is a local business

The last few years have turned real estate headlines into high-profile news. Home prices are on the rise. Be sure to remind your sellers that real estate is a local industry and that asking price isn’t everything. To do this, consider posting your own local market updates on your personal social media or real estate blog.

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  • Home
  • New Property Launch
    • 2021 PJ Spacious and Affordable 5 Star Condo
    • New SPACIOUS Kepong Landed 6 Room 6 Bath
    • Bangsar Last Piece Land New Launch
    • 2020 Lowest Risk & Price in Klang Valley with Great ROI
    • 2019 SAFEST PROFITABLE HIGH CASHBACK INVESTMENT
    • Kiara East Suite Dex
    • Best Property Investment Projects in 2018
    • Avara Seputeh (Mid Valley)
    • KL City Freehold Spacious Affordable 3 room Project
    • Jalan Kuching Freehold New Office & Shoplot
    • Jalan Ipoh New Freehold Shoplot & Offices
    • RM300k KL Sentral New Prelaunch
    • The Olive Condo, Sunsuria City
    • Prelaunch Landed House Bukit Rahman Putra
    • RM260k No Downpayment Puchong South Suites
    • PJ North RM400k High Cash Back Project
    • Denai Sutera @ Alam Sutera, Bukit Jalil
    • First Phase of Banting New Township
    • Neu Suites 3rdNVenue @ Embassy Row by Titijaya & CREC
    • COURT 28, Jalan Ipoh KL City New Property Launch Service Apartment. Malaysia New Property Launch
    • SFERA RESIDENCY @ Puchong South. Malaysia New Property Launch
    • Project Announcement Registration. Malaysia New Property Launch
    • Semanja Kajang New FREEHOLD Kajang Double Storey Houses. Malaysia New Property Launch
    • M Suite @ Desa Park North
    • BIJI LIVING @ Sek 17 PJ City by Conlay. Malaysia New Property Launch
    • Amani Residence Bandar Puteri Puchong New Freehold Service Apartment. Malaysia New Property Launch
    • KL North Last Release
    • PreLaunch Freehold Double Storey
  • Existing & Past Project
  • LAND
  • News & Articles
    • Educational Articles
    • Ho Chin Soon Greater KL Map Sharing
  • Referral
  • Career
  • MPIG
    • About Us
    • Contact Us
  • Other Reference Link & Services
    • Land Sale Malaysia
    • Malaysia New Property Launch
    • Lets Buy Property Malaysia
    • Sfera Residence @ Puchong South
    • Other Professional Services