Tips to Sell in a Buyer’s Market

| Total Words: 399

The experts say that it is no longer a seller’s market. This doesn’t mean that it will be hard to sell, but you might need to make the extra effort to get your house to move faster. By completing a few easy steps, you should be able to get your house sold in the optimal amount of time.

1. Pick a realistic price. Buyers are learning to be more cautious when it comes to investing their money in a new home. With prices leveling off a bit, they want to know that they are making a wise choice. Be practical and choose a price that reflects the current market, not the market six months ago.

Tip: It is recommended that you list your price at or below the competitive market price. (e.g. If your neighbors are asking $400,000, list your home at $395,000 to generate interest.)

2. Go the extra mile. You can attract more buyers by providing an incentive. Gone are the days when people are willing to pay more for less. Buyers are going to be more cautious and sensible about their purchase. You can make them feel like they are getting a good deal.

Tip: You can offer to pay the buyer’s closing costs as a perk of the sale. Or you can be flexible...

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