5 Common Myths About Selling
There are a number of myths about how real estate actually works. These misbeliefs can hurt your chances of selling at the right price and in a timely manner. Below are a few common misconceptions.
1. Overpricing leads to higher offers. Quite the opposite is true. Overpriced homes sit on the market longer and end up with lower offers. They become stale listings and buyers wonder what is wrong with them.
2. Spring is the best time to sell. Typically spring & summer are known as the selling seasons. However, any time can be best depending on the market. Given the lack of homes for sale, sellers are still seeing multiple offers and quick sales - we expect this to continue through the winter.
3. If you get an offer right away then the house was underpriced. A correctly priced home will receive offers right away. After all, isn’t the goal to sell the house and not have it sit on the market for weeks on end? Buyers are online constantly looking and are ready to jump when something comes on that fits their needs.
4. Homes don’t need to be prepped for sale. This couldn’t be further from the truth. Most buyers want move-in condition homes. Houses that are decluttered, cleaned, and staged sell faster and for more money.
5. Good marketing includes open houses. The reality is only 6% of buyers find their home through an open house.
Contact me for more professional advice on the right way to sell your house. 603-526-4116; www.DonnaForest.com; Donna @DonnaForest.com