In this competitive North of Boston real estate market, its important to keep in mind some fundamental basics before listing your home. 

The Price is Right
As in every economical climate, overpricing your home can prove to be disastrous. If you think someone would be willing to pay a higher price for your home, allow that to come to volition when there are multiple bids after listing your home at fair price.  When you overprice your home, there is a greater chance it will take longer to sell and when a home sits on the market too long, buyers will think there is something wrong with it.  Even if they add it to their list of “maybes” and agree to check it out, you don’t want them going into it looking for problems.  A fair price will make the right buyers say “I’ve got to get this house before its gone.”

The Show Must Go On
It’s important that your home is available and ready for showings.  No matter how well your agent’s photographer is able to present your home, few buyers in this market will submit an offer on a home sight unseen.  Establish solid blocks of “Ok to show” times with your agent, and let them know what times are non-negotiably off-limits.  Any other time, be prepared to take phone calls and receive buyers with agents.  Also, keep in mind when an agent tours your home with one client, they could have other clients that they will recommend (or not recommend) your home to based on their visit. If you aren’t able to make a great impression on these buyers, you could potentially compromise other opportunities.

Know Thy Enemy
Checking in on your competition will give you great perspective on where your home stands in the current inventory.  If another home has a more neutral palette, less clutter, and inviting details that you may have overlooked, it will serve as inspiration to keep your home up to par with other contending properties in your North of Boston town.  If you can’t put your finger on it, take tips from your agent on staging your home.  There are simple changes to furniture arrangements or accessories that improve the show quality of your home.  Keeping tabs on the other listed properties will keep you in the know on pricing, as well.  Once you see which homes are selling and which are sitting, you'll understand the value of pricing your home appropriately.

If you, friends, relatives, or colleagues are considering buying or selling a home, condo, or land, please consider contacting Sven for assistance in your search. Sven coverage area includes: Winchester, Belmont, Medford, Woburn, Lexington, Arlington, Melrose, Stoneham, and Reading.  We also offer a complimentary referral service, called "Anywhere Agents," to assist folks who are looking to buy or sell outside our coverage area, including international locations. We will interview prospective agents in the area(s) you or a family member are considering to assure you get the most knowledgeable Real Estate Professional to assist in your home buying/selling needs.

How much is your Winchester home worth? Looking to sell your home, or maybe just curious about the value of your home? Visit http://www.pricemynorthofbostonhome.com/ and tell us about your home and its features. Shortly after that you'll receive an automated email with your home's approximate value. It's FREE, simple and DEPENDABLE. The Sven Andersen Team is always willing to help and will always respect your privacy; we leave it up to you to contact US when you're ready to buy or sell in the Winchester area.

If you want to learn more about selling your home visit: www.PriceMyNorthofBostonhome.com
If you want to get our 450 ways to sell your home fast visit: www.450waystosellfast.com
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