How To Get The Full Asking Price When Selling Your Home

Posted by Tom Crimmins Realty, Ltd. on Friday, February 7th, 2014 at 1:38pm.

Selling your home may feel like a complex process (unless you're working with Tom Crimmins Realty) and there are a lot of factors that you will need to consider. Your goal will be to sell your home in a timely manner, while getting the highest price you can. However, many properties sell at a discount because the buyer is able to negotiate a lower price on the property.

Although it is impossible to guarantee that you will receive your full asking price when you sell your home, there are things that you can do to increase the likelihood of this happening. You will need to have a strategy that attracts highly motivated buyers and improves competition.

Here are some tips to keep in mind that will help you to get the full asking price when you are selling your home:

  • First of all, make sure that you have a reasonable asking price to start with. Research your local real estate market and find out what other buyers paid for homes comparable to yours.
  • Hire a home inspector to perform a full inspection of your home, so that you can fix any problems. If you can show the buyer the repair receipts and inspection report, you will be in a better position to ask for full price.
  • First impressions are very important and can improve a buyer’s perception of your home’s value. Make sure that your property has plenty of curb appeal and feels welcoming.
  • De-clutter and clean your home – this makes it appear more spacious and luxurious and will make a buyer willing to pay more.
  • If you have the budget to renovate one of the rooms in your home, it should be the kitchen or the bathroom. Studies have shown that renovations and upgrades in those two rooms have the most impact on the potential selling price of the home.

With these tips, you should be more likely to achieve the full asking price when you are selling your home. For more tips, contact me at 718.370.3200 or email us at info@tomcrimminsrealty.com. 

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