{"id":2420,"date":"2016-05-27T17:55:02","date_gmt":"2016-05-27T21:55:02","guid":{"rendered":"http:\/\/dankrell.com\/blog\/?p=2420"},"modified":"2022-12-13T10:24:35","modified_gmt":"2022-12-13T15:24:35","slug":"get-top-dollar-for-your-home","status":"publish","type":"post","link":"https:\/\/dankrell.com\/blog\/2016\/05\/27\/get-top-dollar-for-your-home\/","title":{"rendered":"Get top dollar for your home"},"content":{"rendered":"
\"Get<\/a>
Get top dollar for your home (infographic from LJHooker.com)<\/figcaption><\/figure>\n

The guarantee of \u201cGetting top dollar for your home\u201d is a theme in many real estate ads, as well as being promised by many agents.\u00a0 Of course the goal of every home owner is to\u00a0 get top dollar <\/a>is the goal for every home seller!\u00a0 But why is this meme still prominent, and is it still meaningful?<\/p>\n

What does \u201cget top dollar\u201d mean anyway?\u00a0 Getting top dollar on your sale may be relative to other home sales during the same period.\u00a0 Market conditions and timing<\/a> are variables that may dictate your sales price; home sale prices are lower when home buyer demand wanes, as well as sales that occur during winter months.\u00a0 However, other influences on sale price include your home\u2019s physical location and condition.\u00a0 For example, homes that sit on (or are in close proximity) to a main thoroughfare typically sell for less; as well as houses with deferred maintenance and a lack of updates.<\/p>\n

Is \u201cgetting top dollar\u201d just about listing at a high price?\u00a0 The key to a successful sale is pricing your home correctly<\/a>.\u00a0 Proper pricing includes analyzing your local market, and comparing your home to the most recent neighborhood sales that are most similar to your home in style, size, age, and condition<\/em>.\u00a0 Also, looking at market trends in three and six month segments will determine a seasonal effect.<\/p>\n

How can you tell if your home sold for top dollar?\u00a0 Certainly if your house sells for more than others in the neighborhood, you might think you got \u201ctop dollar.\u201d\u00a0 But if your neighbor sells immediately after you and sells for more; your claim to getting top dollar is now in jeopardy.\u00a0 There is also the home sale price conundrum: If your house sells fast with multiple offers, you might think that the list price was too low; However, if you price your home too high, you risk over pricing such that the house might languish on the market and miss the window of opportunity.<\/p>\n

Maybe the promise of \u201cgetting top dollar\u201d is just a marketing ploy<\/a> by real estate agents to get your listing.\u00a0 A top complaint by home sellers is that their agent misled them; often citing the promise of a high sales price, only to be coerced into reducing and\/or accepting a lower price at a later time.\u00a0 Regrettably, there are real estate agents who resort to questionable sales tactics to get business; and unfortunately, they learn these tactics from real estate trainers, and\/or develop them on their own and share with other agents.<\/p>\n

Maybe \u201cgetting top dollar\u201d for your house is a metaphor for being satisfied.\u00a0 Although you might think you could be satisfied with just selling for a high price; customer satisfaction <\/a>includes other factors too, including level of service.\u00a0 It has been determined that many consumers are less interested in hiring agents whose focus is about being \u201c#1;\u201d rather, consumers want to be treated as if they are \u201c#1.\u201d<\/p>\n

Maybe \u201cgetting top dollar\u201d is about your bottom line.\u00a0 Consider that many home buyers in today\u2019s market<\/a> are seeking \u201cturnkey\u201d homes, where they won\u2019t have to worry about immediate maintenance issues \u2013 and some are willing to pay \u201ctop dollar\u201d for such a home.\u00a0 Be honest about your home\u2019s location, condition and features.\u00a0 Making some modifications can increase the sales price, however at a cost.\u00a0 A cost-benefit analysis of pre-listing repairs and updates may help you decide on the projects that will add to your sales net.<\/p>\n

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\"Protected<\/a>
\nDisclaimer<\/a>. This article is not intended to provide nor should it be relied upon for legal and financial advice. Readers should not rely solely on the information contained herein, as it does not purport to be comprehensive or render specific advice. Readers should consult with an attorney regarding local real estate laws and customs as they vary by state and jurisdiction. Using this article without permission is a violation of copyright laws.<\/p>\n","protected":false},"excerpt":{"rendered":"

The guarantee of \u201cGetting top dollar for your home\u201d is a theme in many real estate ads, as well as being promised by many agents.\u00a0 Of course the goal of every home owner is to\u00a0 get top dollar is the goal for every home seller!\u00a0 But why is this meme still prominent, and is it … <\/p>\n

Continue reading “Get top dollar for your home”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1040,33,123,382,32,13],"tags":[1041,810,865,797,1042,507],"class_list":["post-2420","post","type-post","status-publish","format-standard","hentry","category-get-top-dollar","category-home-pricing-strategy","category-home-sale","category-home-seller","category-home-selling-strategy","category-real-estate","tag-get-top-dollar","tag-home-pricing-strategy","tag-home-sale","tag-real-estate","tag-sell-for-more","tag-selling-strategy"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p1VZLf-D2","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/posts\/2420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/comments?post=2420"}],"version-history":[{"count":9,"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/posts\/2420\/revisions"}],"predecessor-version":[{"id":6614,"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/posts\/2420\/revisions\/6614"}],"wp:attachment":[{"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/media?parent=2420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/categories?post=2420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/tags?post=2420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}