4 Tips to Gain the Upper Hand in a Seller’s Market

by | Feb 24, 2016 | Real Estate

If you’ve finally decided it’s time to sell off your property, there are a number of ways to help you land a good deal in a buyer’s market. Pay attention to these tips from Reader’s Digest so you can come out on the winning end:

  1. Get online: Home buying, in this day and age, starts online. With property listings already on the internet, more people are shopping for their homes on their mobile, laptops or desktops. It’s the new medium. So if you’re still doing business the old way, offline, you might want to finally bring your business online. That will open your business up to a whole new audience.

  2. Check how your agent markets the property online: Always look at how your agent is marketing your property online. Are the pictures blurry or clear enough? Do they highlight the fine features and details of the property? Is there any way the marketing can be better, from the copy and images used to everything else in between? When you’re deeply involved in marketing your property, it’s easy to see if your agent is going above and beyond or just going through the motions. If you’ve got the latter on your hands, that’s one reason to start scouring around for a better agent.

  3. Take advantage of technology: Use sites that provide MLS listings in Houston. You could easily compare prices of properties in your area, giving you an estimate of how much your home should go for in the market as well. It’s important to arrive at a good price. If you want to make sure you don’t scare your buyers off, you need to be fair and accurate with the price of your property. There’s nothing like an overpriced rate to keep properties on the market for so long their market value diminishes. Don’t let that happen to yours by offering a good price, one that’s fair to both the buyer and seller.

  4. Keep your property in excellent condition: One thing that drives prices even further is the condition of your property. Well-maintained real estate net much higher rates in the market than neglected, run-down properties. That’s because buyers reason out that they’ll have to spend extra on repairs. So if you don’t want them to drive down the price, make sure your hands-on management of the property is excellent. If you can’t do that, hire a property manager to help you out.

For more tips on how to take advantage of a seller’s market, go ahead and research. The more information you have, the more in control of the process you’ll be.

Keller Williams Memorial offers a host of real estate services to help you sell or buy your property. For services and help, call us now!

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