Thursday, March 02, 2006

Tips For Selling in a Buyers Market

Right now it is a buyers market in our area of Gulf Breeze and Pensacola:- There is more inventory for sale than there are buyers. However, it is not a bad time to put your home on the market. On the contrary. You just need to be smart about how it is presented and marketed. I enjoyed this article that I found on www.bankrate.com because it gives helpful tips to sellers to prepare their homes for sale. Tips on how to prepare yourself mentally and how to get ready for picky buyers. Also how to improve 'curb appeal'.

Quote: "Home sellers take note: Buyers are gaining more leverage" Holden Lewis.

Tips for selling a home in a buyers market.

My advise is to hire an experienced Real Estate Agent to list your home. Someone who can work hard for you every day. Going FSBO is okay but right now due to the large number of homes on the market there is so much competition. An agent can professionally market your home to a wider audience and have access to clients and investors who they can contact. There is more to selling your home than putting a sign out in the yard. Advertising in newspapers is good but internet is the key. Pricing your home correctly is also one of the most important points. Overpricing your home will cause it to sit on the market doing nothing. Therefore, it won't sell. Buyers are smart, they can get a CMA too.

At Coldwell Banker JME Realty we have a booklet that we give to our customers on how to get their homes ready to sell. Most of it is common sense: pull weeds, trim bushes, fresh paint. But some advise suggests moving furniture to open up spaces; take down personal items so that they don't distract buyers. etc etc. Title companies assure us that homes are selling. Buyers are out there buying homes every day. As a motivated seller in a buyers market, make sure that it is you that has the upper hand.

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