Homes for Sale in Flower Mound

How To Get The Most Money When Selling Your House

How To Get The Most Money When Selling Your House | Keeping Current Matters

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Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the highest price possible.

1. Price it a LITTLE LOW

This may seem counterintuitive. However, let’s look at this concept for a moment. Many homeowners think that pricing their home a little OVER market value will leave them room for negotiation. In actuality, this just dramatically lessens the demand for your house (see chart below).

How To Get The Most Money When Selling Your House | Keeping Current Matters

Instead of the seller trying to ‘win’ the negotiation with one buyer, they should price it so that demand for the home is maximized. In that way, the seller will not be fighting with abuyer over the price, but instead will have multiple buyers fighting with each other over the house.

Realtor.com, gives this advice:

“Aim to price your property at or just slightly below the going rate. Today’s buyers are highly informed, so if they sense they’re getting a deal, they’re likely to bid up a property that’s slightly underpriced, especially in areas with low inventory.”

2. Use a Real Estate Professional

This too may seem counter intuitive. The seller may think they would net more money if they didn’t have to pay a real estate commission. With this being said, studies have shown that homes typically sell for more money when handled by a real estate professional.

Research posted by the Economists’ Outlook Blog revealed that:

“The median selling price for all FSBO homes was $210,000 last year. When the buyer knew the seller in FSBO sales, the number sinks to the median selling price of $151,900. However, homes that were sold with the assistance of an agent had a median selling price of $249,000 – nearly $40,000 more for the typical home sale.”

How To Get The Most Money When Selling Your House | Keeping Current Matters

Bottom Line

Price your house at or slightly below the current market value and hire a professional. That will guarantee you maximize the price you get for your house.

6205 Coldwater Dr. Flower Mound, TX

JustListed
View Virtual Tour7205 Coldwater Dr. Flower Mound, TX
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Beautiful 1 story with split bedrooms in perfect location, with great schools and open floor plan. 4/2/2  2044 sqft

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Kitchen has a walk-in pantry, window seats in breakfast area and large breakfast bar for morning danish & coffee which is open to family room. A cozy corner gas log fireplace for those winter evenings, built-ins wired for surround sound.

Spacious master suite w.garden tub, dual vanities,separate shower & large walk-in closet. Split bedrooms are  the perfect size and if you don’t need the 4th bedroom it can easily be used as study or home office.

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Convenient to shopping,schools & community parks. This house will not disappoint.

4208 Augusta Pl – Flower Mound, TX

Just Listed hear more about this home below. Click the button to play!

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Live in luxury with classic features & upgrades throughout! Cul-de-sac with sidewalks. Kitchen has beautiful updates including granite countertops, SS appliances & double ovens-one of which is a convection. Cooktop is plumbed for gas if that is preferred. Gorgeous slate flooring in kitchen & wood floors in entry and living. This home is light, bright and spacious. The family room-right off the kitchen. In the family room it is wired for a flatscreen TV above the fireplace & surround sound.

Master bedroom is stunningly huge! With master bath en-suite separate vanities, walk-in closet, jetted tub and separate shower with travertine tile floors.

Mature trees  shade the backyard Perfect way to start your morning enjoying a cup of coffee or evening BBQ w friends in the evening-room for pool!  Tons of outdoor storage including an unbelievable workshop wired with electric.

Fabulous family neighborhood & excellent schools. Home will not disappoint!

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