How Can You Get the Best Price for Your Residence?

by Rob Ellis, REALTOR® 01/19/2020

Selling a home can be challenging, even for an individual who is laser-focused on getting the best price for his or her house. Fortunately, we're here to help you achieve the best-possible results during the home selling journey.

Now, let's take a look at three tips to help you obtain the best price for your residence.

1. Study the Prices of Comparable Residences in Your Area

Your home may seem like it is one of a kind, but there likely are comparable houses in your city or town. If you take a look at the prices of comparable houses in your area, you may be better equipped than ever before to establish a competitive initial asking price for your residence.

Also, studying the prices of comparable residences in your area enables you to see how your house stacks up against the competition. And if you find your home pales in comparison to its rivals, you may want to dedicate time and resources to upgrade your house. That way, you can help your house stand out to potential buyers.

2. Conduct a Home Appraisal

A home appraisal commonly is requested by a buyer after a seller accepts his or her offer to purchase a residence and a property appraisal has been completed. However, it may be beneficial for a seller to conduct a home appraisal, especially if this individual wants to get the optimal price for his or her residence.

By conducting a home appraisal, you can receive expert insights into how much your house is currently worth. Then, you can use your home appraisal results to set an aggressive initial asking price for your residence.

3. Collaborate with a Real Estate Agent

If you are unsure about how to price your residence, you may want to hire a real estate agent. Because if you have a real estate agent at your side, you can quickly and effortlessly accomplish your property selling goals.

First, a real estate agent will meet with you and learn about your residence. This housing market professional next will help you establish a competitive initial asking price for your home that accounts for the current state of the real estate market. A real estate agent then will list your home, promote it to potential buyers and set up home showings and open house events. And if you receive an offer to purchase your residence, a real estate agent can help you review this proposal and decide how to proceed.

Of course, a real estate agent will do everything possible to help you maximize your house sale earnings too. He or she will negotiate with a buyer's agent on your behalf and ensure you can get the best price for your residence – regardless of the current housing market's conditions.

Don't wait to list your home and maximize your home sale profits. Instead, take advantage of the aforementioned home selling tips, and you can boost the likelihood of a fast, profitable property selling experience.

About the Author
Author

Rob Ellis, REALTOR®

I grew up in Los Gatos and lived there until 2003 when my wife and I decided to relocate to the South County to raise our 3 boys, now ages 22, 17 & 13.

I am an avid dirt biker and golfer and I love the close proximity of the recreational areas that the South County provides.

I have a passion for real estate and I absolutely love what I do. The friendliness and the down home demeanor of our tight knit community here in the South County allows my profession to blend in with my personal life. 

I view my clients as part of my family and I handle them as such. This combined with the South County’s sense of community is part of what makes our little area of the world so special.

It is my goal to largely work with the same clients repeatedly and also with their family & friends. For that to happen, I must provide a level of service and communication that is second to none.

I treat every single client and transaction with the utmost care and attention. I am enthusiastic, reliable and trustworthy…and I am fully committed to each and every one of my clients.

Simply put, I want to be your Realtor for life!