Four Strategies For Getting Your Home Sold

The real estate market is constantly evolving.  The constant evolution can make it confusing for homeowners and buyers to understand what to expect.  Here are four strategies for working with your agent and getting your home sold. 

Work with your real estate agent who understands your marketplace right now. 

Use comparable sales that are as recent as possible. 

A home with better upgrades may sell for less in 2022 than a similarly sized home of lesser quality sold for even four months ago.  It is important to know this, to understand it, and then to adjust your price accordingly. 

Anticipate the appraisal. 

In recent months it was common for buyers to provide appraisal gap coverage to secure a home in a bidding war.  However, HomeByte's most recent survey tells us that the percentage of bids that includes an appraisal waiver will drop from 37% in early 2021 to 24% in 2022. 

Be realistic about your home's condition. 

Are you truly move-in ready or are your DIY projects collecting dust?  The market is starting to cool off just a bit.  Especially for those home that isn't turn-key ready. 

Make sure your agent knows the area. 

The Austin real estate market is local.  You have a group of agents who work downtown and another group of agents who concentrate in the suburban areas.  It does not mean you can not work with an agent who works in all the areas, but do they know the trends of your community. 

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Interested in more tips, tricks, and strategies? Download a copy of my robust seller's guide to help walk you through your home selling process.  You can also visit my YouTube Channel for a series of videos about how to get your home sold.