How to Get the Most Money When Selling Your Home

Every homeowner wants to make sure they get the best price when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the highest price possible.

1. Price it a LITTLE LOW 

This may seem counterintuitive. However, let’s look at this concept for a moment. Many homeowners think that pricing their home a little OVER market value will leave them room for negotiation. In reality, this just dramatically lessens the demand for their house (see chart below).

How to How to Get the Most Money When Selling Your Home | Simplifying The Market

Instead of the seller trying to ‘win’ the negotiation with one buyer, they should price it so that demand for the home is maximized. By doing this, the seller will not be fighting with a buyer over the price, but will instead have multiple buyers fighting with each other over the house.

Realtor.com gives this advice:

“Aim to price your property at or just slightly below the going rate. Today’s buyers are highly informed, so if they sense they’re getting a deal, they’re likely to bid up a property that’s slightly underpriced, especially in areas with low inventory.”

2. Use a Real Estate Professional

This, too, may seem counterintuitive, as the seller likely believes that he or she will net more money if they don’t have to pay a real estate commission. With that being said, studies have shown that homes typically sell for more money when handled by a real estate professional.

Research posted by the National Association of Realtors revealed that:

“The median selling price for all FSBO homes was $185,000 last year. When the buyer knew the seller in FSBO sales, the number sinks to the median selling price of $163,800. However, homes that were sold with the assistance of an agent had a median selling price of $245,000 – nearly $60,000 more for the typical home sale.”

Bottom Line

Price your house at or slightly below the current market value and hire a professional. This will guarantee that you maximize the price you get for your house.  Give me a call for a professional consultation – J.P. Cook – 602-320-4253.

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6658 S St Andrews Court Gilbert, AZ 85298

$580,000
2 Beds
2.5 Baths
1,764 SqFt
Status Active
MLS # 6730222
Property Type Single Family Residence
Price Type --
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$580,000
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MLS # 6754596
Property Type Single Family Residence
Price Type --
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$580,000
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Property Type Single Family Residence
Price Type --
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MLS # 6769379
Property Type Single Family Residence
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Property Type Single Family Residence
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$580,000
2 Beds
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MLS # 6779827
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This bright and spacious 2 bedroom, 2 bathroom condo at Biltmore Optima features an open-concept design with floor-to-ceiling windows with views overlooking the mountains and Fashion park mall. The kitchen includes a gas stove, granite countertops, and a full-sized washer and dryer for convenience. Just steps from the elevator, this condo also offers two underground parking spots and additional guest parking. Resort-style amenities include a 24-hour fitness center with a steam room, concierge services, and on site hoa. The rooftop terrace showcases breathtaking 360° views of sunsets, mountains, and city lights, with a barbecue area and misters for outdoor enjoyment. Relax in the brand-new pool and spa with panoramic views at sunset. Steps away from shopping, dining, and entertainment.

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$580,000
2 Beds
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Property Type Single Family Residence
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$580,000
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2 Baths
2,060 SqFt
Status Active Under Contract
MLS # 6769326
Property Type Single Family Residence
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25958 W Westcott Drive Buckeye, AZ 85396

$580,000
2 Beds
2 Baths
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Property Type Single Family Residence
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