It’s an exciting time to sell Oak Hill TN real estate. Average sale prices in the area continue to climb, and many Oak Hill homes receive multiple offers and sell for an amount above the original listing price. If you’re thinking about putting your Oak Hill TN luxury estate on the market, you probably have some questions about what the process entails, and how you can better position yourself for success. Check out our tips for how you can navigate your way through the selling process.
Figure out what your home is worth
Knowing what your home is worth will help you determine an asking price, while also providing clarity around how much money you can make when you sell your home. It’s important to think about what your home might appraise for. If your home isn’t appraised, your buyer may not be able to secure the funding they need from their lender. Ask your realtor if they can run a Comparative Market Analysis for you. This report will outline what similar properties in your area have sold for in recent months. The appraiser will use this information to confirm that your home is selling for a fair market price.
Determine your listing price
If you’re ready to take the next step towards listing your home, you’ll need to work with your realtor to determine the best possible asking price. Start by looking at the market to see if there are any gaps in or around your price range. This could be a position where you could dominate the market. Say your home could appraise for $590,000 but there currently aren’t any homes for sale between $600,000 and $625,000. Perhaps you list your home slightly higher in order to appeal to that portion of the market.
Come up with a marketing strategy
Effective marketing is important because it will allow you to make contact with as many interested parties as possible. Don’t forget to put up a physical “for sale” sign in your yard. It may seem like an outdated method, but it’s a great way to get your neighbors talking with their friends and family about the availability of a property near them.
Take home staging seriously
Good marketing will get buyers to schedule in-person showings or make plans to attend an open house. It’s what happens when a buyer physically sees your home that leads to offers. This means good home staging is crucial.
Working with David Hatef is the best way to ensure that you’re able to command the highest possible offers when selling your home. David is an expert when it comes to marketing, staging, and selling Oak Hill TN real estate. He has a keen understanding of what today’s buyers are looking for and he uses this insight to better prepare each of his clients for success. Reach out to David when you’re ready to test the market.