If you’re looking to buy a home in Lowell, MA or surrounding areas, Visit http://www.lowellhomesonline.com for a full home search. If you’re looking to sell and curious about the market value of your Lowell home, Visit http://www.lowellhousevalues.com for a free Home Value Report. Please feel free to contact me at 978-265-7186 for a free real estate buying or selling consultation to answer any of your questions.
In the 15 years that I’ve been doing real estate, I have NEVER seen such a hot market in Lowell. We’re seeing thousands of dollars left on the table of every transaction, and we’re seeing the multiple offer situation as a death trap to your equity. We’ve devised seven different steps that you can take in order to avoid a bad situation when you’re selling your home.
Price: If your Realtor is pricing your home by looking at sales from the past, then you’re in for trouble. Your agent needs to utilize trending data to ensure that your home is not under-priced. We recently put a Lowell Highlands home under agreement for over asking price. In essence, The Tryon Group is setting the bar for the Lowell Real Estate market with the way that we sell your home.
Positioning: You will need to stage your home, add curb appeal, and make your home appear as wonderful as possible. This is a very small investment to make, but it will pay off in the end because you can use it as a bargaining piece for your Lowell home’s value.
Coming soon: Planting a ‘coming soon’ sign in your yard is a great way to create some pent-up demand and get buyers excited about your home. We recommend you do this about two weeks prior to your home hitting the market. Pre-marketing is a valuable asset.
MLS: You should never let your agent allow you to take an offer before your home goes on the MLS. You could be leaving thousands of dollars on the table by accepting an early offer, and you need to figure out what people are willing to offer on your home first. Make sure your home is on the MLS at least 5-7 days.
Open house: There are tons of buyers in the Lowell real estate market, and a few days after you put your home on the MLS, you might have 50-100 people who want to see your home. In a crowded market, it’s easier to host an open house and just let people come in and fight over your property.
Vet the buyers: Once you have a good amount of offers, you need to pick out the good buyers from the bad buyers. Avoid investors, and be wary of cash offers because most of the time when someone offers cash they’re going to be an investor. You want to make sure that you have a motivated buyer who is committed to paying a fair price for your home.
Negotiation: Chris Tryon is extremely proficient with negotiation. We understand how to navigate the market and how to fight for your best interests.
These are just some of the steps that we like to take to protect your heard-earned equity when you’re selling your Lowell Home. If you have any questions about how you can take advantage of the extremely hot Lowell real estate market, please don’t hesitate to contact us. We’re always happy to serve you!
