How to List Your Home for Maximum Effect During a Seller’s Market
Selling a home at the Lake of the Ozarks is easy when you have the right team backing your listing. You live at a prime vacationing destination and as such, your home is already in demand. There are ways to capitalize on selling your investment further though, like selling during a sellers’ market. In this week’s blog, the best real estate team at the Lake of the Ozarks is going to showcase why it’s beneficial to sell now in a sellers’ market and how you can effectively get more for your property by doing so.
Utilizing the High Demand to your Advantage
It’s supply and demand. When there is a large amount of pent-up demand, the likelihood of your sale closing with a higher sales price goes up. Plus, the more unique homes that may typically be deemed more “difficult” to sell stand a better chance of selling during a sellers’ market. The mortgage industry can also provide some increased incentive to sellers as buyers can get lower interest rates, which is an enticing factor for them.
Attracting Multiple Offers in a Seller’s Market
While selling a home in a seller’s market is easier, it doesn’t simply mean a “for sale” sign in the yard will do. When you work with the Fran Campbell Team, we utilize our knowledge of the area, marketing power, and industry expertise to get your home in front of as many qualified buyers as possible. This way your home gains the most exposure and has more competition for who’s going to buy it first.
Tips on Drawing Attention to your Listing
Once your home is listed, there are a few other ways you can help draw attention and really increase the appeal of your home to potential buyers. Here they are:
Preparing Your Home:
While this may or may not include staging the home, a deep clean is always necessary. A clean home is very appealing to the buyers as it allows them to simply enjoy the beauty and space of your home without any distractions. In a seller’s market, small defects can be overlooked by an interested buyer.
Limit Showing Times:
The idea here is to increase demand for your home by making it more exclusive. People tend to want what they think they can’t have. By accepting tours of your home at any hour of the day, you’re negating part of that appeal. By restricting the touring times, you’ll likely find an increased demand for the home and potentially competitive bidding on your home from prospective buyers.
Offer a Competitive Sales Price:
When pricing your home initially, setting the price just slightly under the market value will attract more buyers. However, it also leaves room for the buyers to begin bidding over the asking price – which could have your home selling over market value. Note, this is not a requirement for setting the initial sales price, however.
When thinking of selling your home at the Lake of the Ozarks, one of the best ways to get the best results is to hire a professional real estate agent. The Fran Campbell Team has won numerous awards for being the best real estate agents at the Lake of the Ozarks and would be honored to help you get the best return on your investment. Get the representation and results you deserve, contact the Fran Campbell Team today!
Lake of the Ozarks BEST Realtor