When moving cross-country, you do not just have to worry about finding a new home; you also need to figure out how to get rid of your current home before packing your bags. Unless your income permits you to sustain repayment on your mortgage after your relocation, you should make every effort to sell your house ASAP. Otherwise, you may be forced to touch your savings to avoid getting a negative mark on your credit reports.
Experienced Ohio, Pennsylvania, and West Virginia long distance movers know that proper pricing is key to preventing your house from sitting on the market for too long. Below are some strategies should explore.
Check out property listings in your area, and analyze their price points. More often than not, most of the houses for sale in your neighborhood are closely priced to stay competitive. What you can do to make your piece of real estate stand out is to pick a price band that is not too crowded.
Of course, you should keep the prices of comparative properties in mind to avoid repelling interested buyers. Once you find that Goldilocks price point, your phone is more likely to ring often for offers.
Avoid Century Pricing
One marketing hack you can employ is pricing your house just under the century mark. In other words, avoid having a “0” at the end. Properties worth $300,000, for example, suddenly become more attractive when priced at $299,999.
Do Not Use Obscure Numbers
In property pricing, it is good to be accurate but not too precise. A price like $294,766 looks more distracting than enticing.
Perform Necessary Price Cuts
If you feel you have overpriced your house, do not hesitate to make the necessary reduction. Considering how easy it is to shop around and compare properties for sale online, many buyers will quickly notice that your piece of real estate is overvalued.
Instead of making little reductions several times, choose to do one big accurate adjustment. If you do not slash the price down what it should be, your house may spend more time on the market. The older your listing gets, the less attractive it is to buyers.
Stay in Your Property
Selling an occupied house has been proven to get sold more quickly. However, not vacating it is different from keeping it personalized. It should appear lived in and still feel neutral. If you must decorate your interiors to appeal to as many buyers as possible (even if it means abandoning your aesthetic taste), do it to achieve your goal in no time.
Use Warranties as Bargaining Chips
If your house’s most serious prospective buyers need a little more push, add transferable home and product warranties into the equation. It can sweeten the deal enough to convince a buyer to agree to your asking price. A study revealed that properties for sale that come with some form of a protection plan are sold in 11 days on average for more or less $2,300 higher.
If time is not your friend, having the process property pricing down to a science. There is room for error, but minimize your mistakes to lure the most motivated buyers to close ahead of your target relocation date.