What is the single biggest reason fsbo homes fail to sell ? Setting a price far above what similar homes are selling for in the same neighborhood.
The value of your 4 bedroom house is tied to the selling price of other 4 bedroom homes in your neighborhood. This is true no matter how much you invested in your garden or in kitchen cabinets.
The trick is to balance the cash you want with the actual value of the property.
Don't forget: Home prices are higher in Spring & Summer. Except in Florida, Hawaii, and a few other sunny spots, most Buyers look for homes in the Spring and Summer, making it harder to get high prices in Winter when few Buyers are looking for homes. ...more on this topic.
Be sure to list items not included in the sales of your home. In general, items that are bolted to a wall, floor or ceiling or attached by a pipe are included in the sale. Expensive chandeliers are usually bolted to the ceiling. If you want to take your chandelier with you, list it as NOT included in the sale. ...more on this topic.
When in doubt about the right price for your home, consider hiring a real estate appraiser to put a value on the property. ...more on this topic.
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Real estate forms and contracts to sell or buy a home in your state. All forms are available in Microsoft Word format for Windows. Most state forms are also available for the Apple Mac, and in PDF format for the free Acrobat Reader.
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