There are plenty of reasons why someone would want to leave San Francisco, but it’s not always as easy as you’d like. Although it’s a seller’s market in 95% of the country, you must be strategic when trying to sell your San Francisco home quickly.
Here are some things to remember when trying to price your home to get top dollar.
Start with a home estimate
The best way to get an idea of what to price your home is to get a home estimate. To get a home estimate, you can either have a real estate agent come out to your house and give you a brief assessment, or you can do a rough estimate using a home value estimator.
This will give you a good starting point, and you can go from there.
Review the comps with your agent
After getting an estimate, do yourself a favor and look at similar houses on the market. Look for properties in your area with the same number of bedrooms, bathrooms, and square footage. Keep in mind that there will be variables for either property that will impact the overall price, but, along with the home estimate, you’ll be able to get a price that’s very close to what you should.
A real estate agent can guide you for a more spot-on price.
Be aware of price fallacies
Some things will negatively influence your overall valuation. For example, you may have done a bunch of renovations recently. While you may have spent significant money on those renovations, there’s no guarantee that you’ll get that money back when you sell.
You also need to put your emotions on the back burner. You spent years creating memories, making upgrades, keeping up on maintenance tasks, and just living in the home. You cannot over-value the time you spent in the home or the work that you’ve done.
Don’t downplay your home’s best features
That aside, don’t be afraid to highlight your home’s best features! If your home has some amazing features, show them off! Use them to your advantage because people will pay extra for great views, newly updated kitchens or bathrooms, or even high-quality landscaping. Those are great selling features if you have unique features like a dedicated home office, a pool, an outdoor entertaining area, or a finished basement!
Consider your reasons for selling
Why are you selling your home? Are you trying to buy a house while selling your current one? Are you trying to move because of a new opportunity in a new city? If you’re trying to sell quickly, you’ll want to price your house to sell, but also find a real estate agent with a track record of fast sales too.
Many different factors must be considered when trying to sell your home quickly. These are just a few of the basic considerations that need to be made when you’re pricing your home. A real estate agent can help you pinpoint your home’s best features and tell you what areas need some work.
Ultimately, your real estate agent is your best resource for properly pricing your San Francisco home for a quick sale.