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Real Estate Special Section SUMMER 2021
HOW TO GET TOP DOLLAR IN A SELLER ’ S MARKET
High demand and low inventory make up a seller ’ s market in real estate . Listing your home in a seller ’ s market could be the difference of having your home sell in days versus months . Demand for houses typically drives up competition , allowing sellers to potentially receive above asking price for their homes . But listing in a seller ’ s market doesn ’ t automatically guarantee your home will sell quickly . You still need to take the time to find a good real estate agent , ready your home to be listed , and do some research on the housing market in your neighborhood .
Once you decide you are ready to take the next step and sell your home , do some research on real estate agents in your area . Ask family , friends , and coworkers for recommendations and feedback on why they liked their agents . Once you have a few recommendations , reach out to them to learn more about their experience in selling homes similar to yours , the types of clients they usually work with , and to gauge if your personalities jibe . It ’ s critical to have someone you can trust .
Upon hiring , ask your agent to do a walkthrough of your home from the outside in , to provide you with constructive feedback on how to best ready your home for a buyer ’ s eyes . Be sure to keep an open mind when hearing feedback because decorations or paint colors that appeal to you may not appeal to buyers .
Once your home is ready to list , work with your agent to do some research on the housing market in your neighborhood . In a seller ’ s market , you may be able to list slightly higher because of limited inventory , but you ’ ll need to still list at a fair market value . If you list too high , it will immediately turn buyers off .
Ready to begin your journey to homeownership ? Take the first step by getting approved for a loan .
A current issue of this magazine is also available online .
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Fran Mifsud
Producing Branch Manager T / F : (((() ----- C : (((() ----- fmifsud @ uhm . com www . uhm . com / fmifsud
NMLS PA
- ((( Liberty Street , Erie , PA
3 Reasons Why You Need the Fred Amendola Team in Today ’ s Market !
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MILLCREEK ❘ SUMMER 2021 49