Saturday, March 14, 2009

Selling Your Own House For More Money Than A Realtor

By: Jack Ingles
The current property market is tough, and selling your own house in a hurry requires a bit more energy than in past years. However, it is still very possible to sell fast and for a good price with a modern sales strategy specifically designed for tough economic times. This article focuses on a few unique techniques.

Set The Right Price
You don't have to undercut the value of your property in order to sell fast. All you need to do is work out the minimum you'll need to pay your mortgage off, etc.. Next you need to decide on how much profit you need to make. In the current market it's unwise to go for anything about 20%. Remember, setting the right price can mean the difference between selling in a month and selling in 12 months..

Targeting A Buying Crowd

Despite what you may have heard, there are still a lot of buyers out there looking for property to buy. The problem is that they generally have less money to spend, and are much more careful with what they buy. For best results you should target those who are eager to spend their money. First home owners, newlyweds, and small-time investors are safe options.

Show Your Property Off

Whether you opt for an open house event or multiple private showings, having your house presented in an upmarket fashion can add thousands to the perceived value. A fresh coat of paint and some outdoor decorations can have just as big of an impact on your price as hiring fashionable furniture for the living room. Try to give your place a unique look and feel.

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