Thursday, March 18, 2010

Thinking about Selling? Let's Talk Numbers

There is speculation out there that your home needs to be in tip-top shape in order to sell. I say, let me show you what it would sell for in the condition that it is in now, and then you can decide financially if it is worth the money to add a few upgrades here and there. The main thing to remember is that what looks nice to you may not attract your buyer. Sure, granite counter tops and brand new carpet look great, but it isn't necessarily going to sell your home, or give you the return you might be looking for.

The example I always tells my sellers is this- imagine that your house and a house down the street is for sale, and yours is priced $10,000 more. While a buyer may think that your home is nicer because of the crown molding, the new carpets, and the upgraded kitchen, it is out of their price range. SO they go with the cheaper home down the street and decide to make their own upgrades once they move in.

Of course the opposite could happen as well. That is why it is important to sit down with a Realtor before you decide to make any upgrades and see if it will actually be worth the money in the end. In today's market, you best just listing the house the way it looks now, and spending the money in your new. Volume is up and homes are selling, price your home realistically and it will sell.

If you want to see what your home could be worth in today's market, email me at abeich1219@gmail.com. There is no obligation to list your home. My goal is to show you the options that are available to you, then you make the best decision for you and your family.

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