There are really several things you can do to try and get more for you home in this low inventory market that is occurring now in Las Vegas. You could possible take what may have been a short sale and turn it into an equity sale. Some people just needed the values to come up 10 or 15% to get over the hump and now we have seen that amount of appreciation and more in Las Vegas. We have even seen many homes selling with multiple offers at well above list price. So what are the best ways to try and get the most for your home in this market?
1. Price the home within reason even though there is not much on the market. Yes you can price the home a bit higher than in a normal market but one of the biggest mistakes is price the home too high and push buyers away. If you price it accordingly, even at the top of the price range, you have a better shot at getting multiple offers. Over pricing a home can cost you in the long run because if it sits on the market long enough, the percentage you get of the listing price usually goes down.
2. Be sure to give ample time for interested parties to view the property. Try giving buyers a 5 day window before you will consider offers. Let buyers know that offers will be accepted on day 5 and that you will be looking for the best offer and best terms at that time.
3. Consider stipulating that the price will not be subject to an appraisal. Often homes are being sold for more than listing price but the appraisal comes in too low. You plan ahead for this and make sure only buyers who have the cash to make up the difference in case of a low appraisal be considered.
4. Be sure you use an agent that is a skilled negotiator. Negotiating contracts is a very subtle art form and it often goes unnoticed. However, if you have a skilled negotiator you can nearly always get a few thousand extra dollars in your pocket.
If you are considering selling your home in Las Vegas call me today. I will evaluate your situation and make sure you get the most possible for you home in the proper amount of time. I have nearly 20 years experience in buying, selling and negotiating real estate contracts. I will always provide the best possible service while doing what is best for my clients.
Chris LaHaie
Prudential Americana
702-338-8526
chrislahaie@gmail.com
chrislahaierealestate@gmail.com
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