Wednesday, December 21, 2016

Get the Most Money for Your Boston Home



Boston Home for Sale
If you are looking to sell your Boston home you are going to want to get the best price for your Boston home and the quickest sale possible. Is there an optimal formula for ensuring your home will sell the fastest and for the best price? Some experts say yes and offer the following advice for selling your home for top dollar and as quick as possible.

Price it a little low. This may seem counter-intuitive to many Boston homeowners. Many think that pricing their home a little OVER market value will leave them room for negotiation. This just dramatically lessens the demand for your house.  Realtor.com, gives this advice:

“Aim to price your property at or just slightly below the going rate. Today’s buyers are highly informed, so if they sense they’re getting a deal, they’re likely to bid up a property that’s slightly underpriced, especially in areas with low inventory.”

Use a Boston Real Estate Agent.  This too may seem counter-intuitive. The seller may think they would net more money if they didn’t have to pay a real estate commission. Studies have shown that homes typically sell for more money when handled by a real estate professional. Research posted by the National Association of Realtors revealed that:

“The median selling price for all FSBO homes was $185,000 last year. When the buyer knew the seller in FSBO sales, the number sinks to the median selling price of $163,800. However, homes that were sold with the assistance of an agent had a median selling price of $245,000 – nearly $60,000 more for the typical home sale.”

My Advice: Price your house at or slightly below the current market value and hire a Boston real estate agent. That will guarantee you maximize the price you get for your house.

I’d be happy to work with you to give you a comparative market analysis of your home and speak about timing your sale just right. A Boston, MA real estate agent will have their finger on the pulse of the market and know the best way to proceed. Contact a real estate agent about selling your Boston home today! I hope to hear from you soon.

Lucas Garofalo
Keller Williams Realty
(617) 861-3631
Lucas@LucasBostonHomes.com

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