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Before putting your home on the market or setting a price, take the time to do some research and make some preparations to ensure that you get the best possible price for your property. The first step to successful selling is to know your target customer. Where is your house located and who lives in the area? What types of similar houses are selling and who is buying? What types of houses are pulling the highest prices and who is buying them? Once you've narrowed the buyer pool and decided on a target demographic, monitor the housing market for a while to better understand pricing. To estimate an asking price, you first have to know the market. You need to know selling prices for several other homes in the area, as well as for homes similar to the one you're trying to sell. Average them to get your beginning estimate. It also helps to be willing to invest some cash to make your property more appealing to buyers. Even if you are unable to make significant structural renovations, there are simple techniques you can use to move your property quickly off the market and raise your asking price. -Renovations While you don't have to renovate to sell a house, updating key rooms such as the kitchen can be a great investment. -Open Spaces Keep your decor light, airy and neutral. Create a space potential buyers can imagine as their own while keeping it comfortable and warm. Utilize natural light and remove all clutter. -Stage the House If you're currently living in the place you're trying to sell, make sure you remove all family pictures and personal items. You should also thoroughly clean the home and consider removing excess furniture. If the property is empty, you should seriously consider hiring an interior designing company. Some designers even include rental furniture and staging. - Photography To generate interest in your house for sale and draw potential buyers, you or your realtor will need to list it in various places. For these listings, you need well-done professional photographs of the inside and outside of your property. Numerous, quality photos and accurate contact information are vital to success. Once you have your house for sale listed it's time to move on to showing and negotiating. If you did a good job listing, you should start receiving calls from buyers wanting to set up a viewing. You can also advertise and host open houses to get buyers in your home. Hopefully, more than one of these potential buyers will make you an offer. Rarely do buyers and sellers see eye to eye on the initial offer, so be prepared to negotiate. Your degree of power during negotiation depends on the condition of the market as well as the degree of your need to sell. The services of an accredited real estate agent can be quite helpful during the selling process. Getting rid of a home can be hard, time-consuming work. If you have a house for sale and are unable to prepare it for the market and list it on your own, consider hiring a design company and reputable agent to heip move the place for you. Good luck! When considering houses for sale, Syracuse residents visit Kirnan Real Estate, Inc. Learn more at http://www.kirnan.com/about/.
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