Tips for Selling Home In Todays Market
Establishing the correct sales price for your home in the most important step.
If you are trying to sell your property yourself, you will want to make several phone calls. Keep in mind that as a consumer most pricing is based on what is for sale, not what has actually sold and closed. Therefore you may be pricing your property incorrectly.
When determining what the asking prices are for similar homes in your area, be sure to ask how long they have been for sale. The tricky part, when doing it yourself is to find out what the actual sale prices have been. You can get this information from a Realtor who will bring you a 'market analysis' or in some areas called a 'comparable sale report'. Many Realtors should provide this information, however along with that come the sales pitch as well. The Korn Team provides Kansas City Home Owners with this information to help you get a clear understanding between the difference of what is for sale, and what homes are sold. This information will help you develop a strategy to not overprice your property, but take advantage of the current market to get the most equity from your property.
Overpricing your property up front can end up costing you time, money and potentially, lost opportunities for a buyer. The laws of Supply & Demand will continue to keep the Kansas City Real Estate market in check. You can determine the buying patterns of the current buyers in your market by reviewing the actual sales, not what is for sale.
The Korn Team, Keller Williams Eastland Parnters office in Blue Springs / Independence (servicing all of Eastern Jackson County) offers a no cost, no obligation Broker's Price Opinion for any property. Our data will show you what has sold in your area, and what similar properties have sold for. We will then help you determine where that would position you in the current market to get the most activity and highest price the market will bear.