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Archive for March, 2016

How to get the Most Money when Selling Your Home

How To Get The Most Money When Selling Your House | Keeping Current Matters

Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the highest price possible.

1. Price it a LITTLE LOW

This may seem counterintuitive. However, let’s look at this concept for a moment. Many homeowners think that pricing their home a little OVER market value will leave them room for negotiation. In actuality, this just dramatically lessens the demand for your house (see chart below).

How To Get The Most Money When Selling Your House | Keeping Current Matters

Instead of the seller trying to ‘win’ the negotiation with one buyer, they should price it so that demand for the home is maximized. In that way, the seller will not be fighting with abuyer over the price, but instead will have multiple buyers fighting with each other over the house.

Realtor.com, gives this advice:

“Aim to price your property at or just slightly below the going rate. Today’s buyers are highly informed, so if they sense they’re getting a deal, they’re likely to bid up a property that’s slightly underpriced, especially in areas with low inventory.”

2. Use a Real Estate Professional

This too may seem counter intuitive. The seller may think they would net more money if they didn’t have to pay a real estate commission. With this being said, studies have shown that homes typically sell for more money when handled by a real estate professional.

Research posted by the Economists’ Outlook Blog revealed that:

“The median selling price for all FSBO homes was $210,000 last year. When the buyer knew the seller in FSBO sales, the number sinks to the median selling price of $151,900. However, homes that were sold with the assistance of an agent had a median selling price of $249,000 – nearly $40,000 more for the typical home sale.”

How To Get The Most Money When Selling Your House | Keeping Current Matters

Bottom Line

Price your house at or slightly below the current market value and hire a professional. That will guarantee you maximize the price you get for your house.

 

Posted by Debbie Cook | Discussion: No Comments »

Adorable, Cute as a Button House for Sale – Columbia MD 21046

kindler just listedSweet House for Sale – Village of Kings Contrivance – Columbia, Md.  21046

This Adorable Home is filled with charm from the Hardwood Floors, Crown Molding and Wood Burning Stone Fireplace to the gleaming white “eat in” kitchen with Plantation Shutters.

There is a fantastic huge “All Season” Sunroom addition with a little deck off the Kitchen overlooking a picket fenced backyard

Cape Cod Columbia MDThere is a spacious First Floor Master Bedroom with hardwood floors, crown molding and attached Full Bath. Additional 2 Bedrooms with Hardwood Floors and Full Bath are upstairs.

Nestled in a quiet Cul de Sac of the popular Convenient Columbia, Maryland Neighborhood of the Village of Kings Contrivance.  This house is steps from the vast interconnecting hiking, walking, running, biking trails, woods, streams and parks of Howard County.


There are Great Howard County Schools and an abundance of Shopping and Recreation choices!

 

Virtual Tour 7392 Kindler Road, Columbia, Md 21046 – $330,000

Posted by Debbie Cook | Discussion: No Comments »

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