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Consider you have a home, do you?

Let's say you put skads of $$$ into it. You hope that this will get a good sell, (you think is) a good sell. Many renovations to the roof, plumbing, and sheet rock were made. You poured all you had to live into it. The real estate agent says it's overpriced by the comparison homes on your block, but you want to go high to get a profit, how would you make it sell?

Is staging and open house good to do? How do you pull in for an open house?
Is it a plus to have it open for only those with available homes also for sale, or just those looking to get a way out of their drab life but have money. How would you reach them? Ex: magazines, pics, media, free publish guide, or an ad in some paper?

Answer Question
 
Anonymous

Asked by Anonymous at 1:02 PM on Sep. 10, 2010 in Home & Garden

Answers (4)
  • It's still likely to sell a home even if it is overpriced for the neighborhood. However, it's not going to be an easy thing to do. Especially if you have lower priced homes on your block for sale. What you're going to want to do is post your home on Realtor.com with your Realtor's contact information. Post pictures that show off as many good aspects of the home as you can. Then have an open house for everyone, not just people in the price bracket, but everyone. Post an open house ad in the newspaper and have a sign out from with times/dates at the end of your street as well as at the front of your home. Make sure you know as much about the home as you can. Time it was built, what exactly has been remodeled, what's insulated what's not, what type of flooring you have, everything. The more you know about that home the more likely the potential buyer will be intrigued. They're not going to buy a home without info.
    JazzlikeMraz

    Answer by JazzlikeMraz at 1:07 PM on Sep. 10, 2010

  • Curb appeal it very important, esp if you are using Realtor.com. I use that site alot and so I make decisions based on photos quite often so I have to look good fromthe outside.
    CorrinaWithrow

    Answer by CorrinaWithrow at 1:17 PM on Sep. 10, 2010

  • You will need to price the home in relation to the market or comps in the area, otherwise, it will not sell. Staging, very important. Curb appeal, also important.

    Do you have Craigslist in your area? If so, many ppl use that website, also zillow.
    tasches

    Answer by tasches at 5:07 PM on Sep. 10, 2010

  • As a recent home buyer!!!!!, we have looked a alot of houses and almost bought an overpriced home. We knew it was overpriced for the area but it had been totally remodeled. The reason we didn't buy it is b/c the foundation was crumbling and the floor joices were covered in slime mold. I think as long af your house is structurally sound that you might have a chance. It all kind of depends on how much you paid for it in the first place and how much  you put into it.
    Good luck!

    colorsofgrey

    Answer by colorsofgrey at 4:09 PM on Sep. 13, 2010

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