Below is a great article providing perspective for home sellers. A home priced correctly will sell. If you expect to get a certain amount out of the home sale, you may be setting yourself up for a long time on the market or perhaps no sale at all. You must decide what is more important: Cash, or moving forward.
“I’m not going to just give it away!” As a full time Maine Realtor® I hear this phrase at times from potential home sellers. While I certainly understand the sentiment, I would like to suggest that we all simply banish this phrase from our common language.
I had to chuckle this week as I was having a discussion with my own mother about a potential move and sure enough, she uttered those very words.
Trust me, the buyer obtaining a mortgage that they will be paying on for the next 30 years, does not feel like they have just been given a home. Home prices are not what they were in years past, but that does not mean that realizing full market value on the sale of your home constitutes a freebie for someone else.
Here’s the thing...I’m not suggesting you drop the idea behind the phrase, but let’s go ahead and say what you really mean:
“I want to sell my home for as much money as possible.”
Now on this, we can agree! I am here to use all of my experience, tools, and resources to help you achieve just that...the successful sale of your home. By “successful sale” I mean that you net the highest possible return on your investment, with the best possible sale terms, and in the time frame you desire.
I have heard it suggested that Realtors® just want to price it low, sell it quick and collect the commission. I have personally never seen this in my market. We Realtors are a competitive bunch...and yes, often prideful. We pride ourselves on being able to provide our clients with the best possible results. After all, without great results, who in their right mind would list their home with us? I’m sure when you started to consider selling your home you didn’t say to yourself, “I’ll just get any agent, I don’t care how good they are.” Of course not! You want, and frankly you deserve, the best agent possible. You want to know that time, energy, and expertise will go into the marketing and sale of your home.
When you and I have a pricing conversation about the market value of your home, remember we are on the same team. I am here to develop a pricing strategy that will bring you the results you are looking for. Neither of us can control the market itself, but we can work together to position your home in the market in the best possible fashion and bring you results. I’m not just looking for plain run of the mill results. When I list a home for sale, I’m looking for put your hands up in the air, shout it from the roof top results!
I understand that some home sellers may be a bit put off or disappointed with current home values. However, we also need to discuss the goals you are hoping to achieve with this move. Why do you want to sell? What will your life look like after the sale? How much will it cost you to hang on to your home? We need to analyze both sides of the move you are considering together. We’ve got some numbers to crunch! By the time we are done looking at the big picture, you may find that you are not giving it away at all, but gaining so much more by being able to move forward with your plans.
The Maine Real Estate Network
34 Center Street Auburn, ME 04210
Information and content in this blog is original to Kristen Wheatley. Contact: Kristen Wheatley, The Maine Real Estate Network firstname.lastname@example.org (207) 240-2250 - Serving the Maine communities of Lewiston and Auburn Maine in Androscoggin County as well as the surrounding areas.
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