Selling your home in MD or D.C. can be a stressful situation without a trusted real estate professional to guide you through the selling process. Now, more than ever there are more contract forms, changes in housing regulations, agency agreements, etc., that are required to protect your best interest. It seems that now, when selling your home a seller almost have to be a lawyer to keep up with the changes in the market. With the advent of the internet, HGTV, DIY network and other similar television programs, buyers are more educated as well as informed about the buying process. The majority of buyers start their search online via the different real estate websites or networks approximately 90% of the time before going out to preview homes. By this time, most buyers have already researched and analyzed the particular neighborhood statistics, school district and crime statistics.
When selling your home, be mindful of these facts and price your home accordingly to attract qualified buyers. You will surely receive offers at or close to the sales price if priced properly. This price point is where buyers have determined the market value of your property. Looking at the most recent statistical sales data, a seller should be aware of the sales of similar properties in the neighborhood that supports the asking price of the property. Although, there are sellers who have over improved their property, and will have a difficult time recouping the cost of the remodeling project. Check out another one of my blogs called the “Top Renovation Projects”.