You've heard it before, sell your home in the summer you can get more money for it. This can be true, depending on your home.
If you own a family home, summer is the best time to sell your home. The reason for this is most families don't want to pull kids out of school early to move. They wait until summer to buy that family home. What this means for you the seller is that more buyers are competing for the same homes. More competition means a higher price for you.
Some agents like to test the market at the beginning of summer to see if they can get a really high price for a home. This can be a huge and costly mistake at the home sellers expense.
If the house is overpriced, buyers will just move to the next a correctly priced house. By the time your price is brought down to where it should have been in the first place, it may be too late. The buyers that are buying right at the
beginning of the summer, have already purchased and that leaves only the tire kickers and the bargain hunters. If this group finds your home they can keep it off the market for weeks and end up
offering you thousands less than your home is worth, knowing that you are getting nervous that no one will buy your home.
The best thing you can do is find the right agent that will show you the comparables and give a detailed reason why they feel your house should be priced at what they suggest. If they fumble and don't have a GREAT answer then your agent is more likely trying to help price you right out of the market. Remember the right family can come along only if you have the right price.
Todd Clark - broker
Kastings & Associates
(503)524-9494
Todd@IFoundYourNewHome.com
www.IFoundYourNewHome.com
Todd Clark and the Friendly Home Team
Knipe Realty
Todd@IFoundYourNewHome.com
Phone: (503)524-9494
Fax: (503)622-8739
I am a licensed Realtor who specializes in Washington County, Oregon and also work in both Clackamas and Multnomah Counties including the cities of Aloha, Beaverton, Canby, Clackamas, Gladstone, Gresham, Happy Valley, Hillsboro, Milwaukie, Oregon City, Sherwood and Tigard.
All information contained in these posts are copyrighted and cannot be used without prior written approval authorization from the author me Todd Clark. If you are looking for an outstanding agent please give me a call I would love to help you with all your real estate needs.
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