Home selling in Louisville KY - Don Taylor

There are probably a thousand websites that give out home selling tips. I feel the second most important tip in this market is to have your home priced correctly. It goes without saying that you should have it in the best possible showing condition. Of course the most important decision is who you will choose to represent you as your agent. Don't choose your agent solely because their your relative, friend, member of the same club or go to the same church. They may not be the best person for you. Follow the link below and find out why my sellers choose me to represent them.

Selling Tips

If you have decided to trade up, look at your budget and determine how much more you can spend. Include any extra costs a larger home might require such as upkeep, utilities and property taxes. Go through the pre-qualifying process for more accurate information on the kind of mortgage you will need.
Trading down has it's own set of considerations. Consult a reliable tax professional so you don't end up paying more than necessary in this area.
Take care of the honey do list items such as a sticking door or broken windowpane. Fresh paint inside and out will go a long way in adding to your home's appeal, as will a few seasonal flowers and the elimination of all clutter. And most important of all, clean, scrub and polish till your home shines!
Home Staging is something you may want to consider to present your home in its best light. This will consist of such things as creating fragrant aromas in the kitchen, making sure fresh towels and soap are in the bath, placing fresh flowers in a vase, rearranging furniture to create a spacious feeling and brightening up rooms with proper lighting.
Consider having a yard sale to clear your space of any possessions you do not plan to take with you or the things that have been hiding in the basement, attic or garage. Or, call your favorite charity and get a tax credit for the donation.

I'll sell when the market improves....

The saying penny wise and pound foolish comes to mind. Don't Wait. If you know you are going to need a new home within the next year, then now is the time to act. You need to have your home on the market now. It is taking longer for buyers to make a decision about their new home purchase now. There are obviously more homes to choose from and they want to be sure that they are getting the best value for their dollar.

Many homeowners are thinking they will get a higher sales price when it is more of a sellers market. This is certainly possible, but consider this... the sellers of next home you will be buying may be thinking the same thing.

EXAMPLE 1 : If you are moving up in price to a $200,000 home and it is 10% below what it would be in a sellers market you have saved $20,000. If your current home is $150,000 and it is 10% below what it would be in a sellers market you have lost $15,000. Your net savings $5,000.

EXAMPLE 2 : If you are moving up in price in a Sellers market to a home that was previously priced $200,000 and it is at $220,000 you have paid $20,000 more. If your current home today is worth $150,000 and it is worth $165,000 in a Sellers market you have made $15,000 more. Your net loss is $5,000.

Now you can see why I think it is definitely the time to sell your home. I didn't even mention the other variables that come into play in a Sellers market : Fewer homes to choose from, more competition from other buyers (multiple offers may be made on the home you want), and sellers will be more firm on their terms.

Need more info about selling your home, just hit the contact me button at the top. I'm here to help.