There are two major keys to success to produce maximum financial reward when selling your Colorado Springs home. Doing these two things will ensure that you get the highest price possible.
Price it a LITTLE low….
This may seem a little unreasonable, but let’s take a deeper look at this concept. Many homeowners think that pricing their home a little over market value will leave them with some wiggle room for negotiation. However, doing this greatly reduces the demand for your home.
(Source NAR Click here for more info)
Use a Real Estate Professional
Some Sellers may think they could make more money if they don’t have to pay a listing agent commission. NAR (National Association of Realtors) studies have shown that homes routinely sell for more money when using a real estate professional, A.KA a Realtor.
Statistics show that selling your home with the assistance of a professional real estate agent will garner you a higher profit, enough to cover the commission as well as put more money in your pocket.
According to the National Association of Realtors 2016 Profile of Home Buyers and Sellers, the average for sale by owner sales price was $185,000, while the average price for a home represented by an agent was $245,000. That’s a $60,000 difference!
These 2 make a difference!
Price your house at or slightly below the current market value and a hire a professional, like us here at Venterra Real Estate 🙂 These two things will help maximize the price you get for your home!
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