Thursday, July 2, 2009

How to speed up the timely sale of your home

Even though the market here in Montana is much better than in the rest of the country, certain price ranges are moving slower than others. It seems that homes under $200K are selling at a brisk pace whereas homes in the upper $200-300K range are not moving as fast. Here are some tips to help you sell your home faster:
Lower your asking price to 10 percent to 15 percent below what comparable properties in the neighborhood are selling for.
Spruce up the outside. Update the landscaping. Power-wash the exterior and paint the door.
Appeal to first-time buyers. Advertise on younger consumers’ favorite Web sites, such as Facebook and Twitter. Hire a photographer to shoot the house with a wide-angle lens so the rooms look bigger in online photos.
Price the house in the lower end of the range. A $299,000 house is in the high end of the $250,000 to $300,000 range but a $301,000 home is in the low-end of the $300,000 to $400,000 range.
Do what you can to make the deal close quickly. Be ready to move, offer to pay part of the closing costs, and/or throw in a year’s worth of association fees, or offer a home warranty. Source: Money Magazine, Beth Braverman (06/30/2009)
Call me for additional tips on how to sell your home faster. 406-600-0432
Regards,
Karina

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