{"id":22790,"date":"2022-05-26T16:57:17","date_gmt":"2022-05-26T20:57:17","guid":{"rendered":"https:\/\/lakelandgazette.info\/news\/?p=22790"},"modified":"2022-05-26T16:57:24","modified_gmt":"2022-05-26T20:57:24","slug":"myths-about-selling-a-home-today","status":"publish","type":"post","link":"https:\/\/lakelandgazette.info\/news\/2022\/05\/26\/myths-about-selling-a-home-today\/","title":{"rendered":"Myths About Selling a Home Today"},"content":{"rendered":"\n

It\u2019s no secret that today\u2019s seller\u2019s market is wilder and more competitive than in years. However, the market has started to show signs of softening.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

This means that sellers may need to reset their expectations. Read more to learn the myths about selling a home today.<\/p>\n\n\n\n

Renovating isn\u2019t necessary \u2013 buyers will take anything<\/h2>\n\n\n\n

In a hyperactive market<\/a>, sellers tend to get lazy and expect a high price for their homes without making any repairs or upgrades.<\/p>\n\n\n\n

Having this mindset can set you up for failure. Despite the limited housing inventory, high-priced homes that need too much work are a turnoff for buyers.<\/p>\n\n\n\n

Most of today\u2019s buyers expect homes to be mostly move-in ready.<\/p>\n\n\n\n

They want to walk into a clean home, that has excellent paint on the walls, that doesn\u2019t have chipped-up countertops or banged-up refrigerators and toilets that aren\u2019t working.<\/p>\n\n\n\n

The overall truth is that a fresh coat of paint, tidying up the landscaping, and a good scrub-down are inexpensive upgrades that bring a return on investment when you sell.<\/p>\n\n\n\n

You can get a sky-high price for your house                           <\/h2>\n\n\n\n

It\u2019s no secret that home prices have increased over the last year.<\/p>\n\n\n\n

According to the National Association of Realtors\u00ae,<\/a> the average home price was $363,300 in June, 23% higher than a year earlier.<\/p>\n\n\n\n

The market is hot, making sellers think they can ask for whatever price they want and get it. This is a myth because it\u2019s all about supply and demand.<\/p>\n\n\n\n

Homes need to be priced realistically in line with what the market asks, the type of home, and its condition.<\/p>\n\n\n\n

Pricing a home too high can cause the house to sit on the market for a while.<\/p>\n\n\n\n

You don\u2019t have to market your listing for it to sell<\/h2>\n\n\n\n

Some sellers think putting a lot of effort into online marketing is pointless. This is because they believe the home will quickly sell no matter what they do.<\/p>\n\n\n\n

But consider this: Most homebuyers start their search online. So, if your listing falls short, you won\u2019t get much attention.<\/p>\n\n\n\n

Another thing to remember is that you aren\u2019t always selling to just local buyers. Some buyers won\u2019t be able to catch the listing by just driving by.<\/p>\n\n\n\n

Photos, videos, floor plans, 3D tours, and other details help homebuyers decide if a home is right for them and if they want to take the time to see it in person.<\/p>\n\n\n\n

A home hitting the market without these could swat a buyer to choose a different property.<\/p>\n\n\n\n

In a bidding war, pick the highest offer<\/h2>\n\n\n\n

Bidding wars in today\u2019s market are a new normal. Sellers are receiving multiple offers<\/a>, with some over the asking price.<\/p>\n\n\n\n

Accepting the highest offer may be tempting, but it\u2019s not always the best move. Think of it as terms versus price.<\/p>\n\n\n\n

For example, a lower offer that\u2019s all-cash may be more attractive. This eliminates the financing hurdle and could mean a quick closing.<\/p>\n\n\n\n

Sellers should examine all factors of every offer, including a buyer\u2019s financing<\/a>.<\/p>\n\n\n\n

Although the market is hot and favored toward sellers, there\u2019s still work that goes into it. Consult with a professional<\/a> before putting your home on the market.<\/p>\n\n\n\n

SOURCE<\/a><\/p>\n\n\n\n

S&D Real Estate Services, LLC
2000 E. Edgewood Drive; Suite 103
Lakeland, FL  33803-3600<\/p>\n\n\n\n

863-824-7169<\/a><\/p>\n\n\n\n

dee@shawnanddee.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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