Seller' Alert How to Sell Your Home in a Declining Real Estate Market
Stockton Real Estate is selling. Many normal sellers are getting back into the real estate market. There are many reasons for this some of them are: retirement, job relocation and taking advantage of the low prices and purchasing their dream home. Foreclosures, bank owned homes, REO's and short sales have been dominating the real estate market. The key to be successful in selling in a declining market is pricing you home to sell at the current market value. Be realistic in pricing you property. You will be competing with foreclosures and short sales. The good news is that well priced homes are selling in 1 to 10 days. Properties in the high price ranges take longer to sell and allowing for normal marketing times requires patience and staging your home for success.
There are many buyers’ that avoid foreclosures and are looking for quality homes. The following tips will help you succeed in selling your home:
- Price you home at today's market value
- Update your curb appeal, does your home the wow factor when a buyers pulls up?
- Be honest in appraising the exterior and interior condition of your home.
- Update the interior: new paint, carpet, update light fixtures etc...
- Stage your home, get rid of the clutter and put yourself in the buyer's shoes. What meets the eye of a buyer when they enter your home?
Selling your home in today's market requires finding an experienced realtor with a can do attitude and the marketing skills and a company that can support your sales effort. An experienced realtor will keep you up to date of current real estate market activity and most important activity in your area. Selling your home is a team effort. The Hugh Lilly Real Estate Group at PMZ Real Estate has over 30 years of experience in selling homes you can reach him at 209-479-9222 or email him at hlilly@pmz.com . Visit our web-site at www.hughlilly.com .