The Alphabet Soup (Three P’s) of Selling Your Home

Making the Most of the Three P’s (Price, Promotion and Product) of Selling Your Home

I love Shirley Temple! Animal crackers in my soup… Okay, so maybe I am dating myself a bit here. This song always makes me think of alphabet soup and in particular the Three P’s of Selling a Home.
 

Why yes I will admit being a real estate agent almost everything makes me think of selling homes, the three P’s (Price, Promotion and Product) have become particularly important in the competitive Atlanta Housing Market.

Top 5 Tips for Selling a House

If you are thinking about selling your home, this may be the right time to put your property on the market. According to the National Association of Realtors, median sales prices of existing homes sold in April 2015 increased by 8.9% as compared to the previous year.

To further increase your chances of selling your home fast and help you get top dollar in the process, here are some tips you may want to consider.

1.       Price it right. If you want to attract a lot of potential buyers, try taking 15% to 20% off what your home is really worth. This does not only ensure that you will receive multiple bids – there is a great chance that interested buyers will bid up the price!

2.       Stage your home –inside and out. While you need to organize every room in your home, you may need to pay particular attention to the kitchen and the master bath. You also need to create a great curb appeal, and declutter and de-personalize your entire home before showing it to potential buyers.

3.       Be show-ready at all times. You’ll never know when a potential buyer will walk through your front door so you need to make sure your house is in great condition at all times. Keep in mind that first impression can determine whether your house will sell or not.  

4.       Do pre-inspection repairs. Since it costs less to do repairs before a home inspection, consider hiring your own home inspector to help you determine which needs to be fixed before you put your house in the market.

5.       Work with the right Realtor. Hire the wrong Realtor and you may not sell your home. For best results, choose an agent who is knowledgeable, has a great work ethic, vast network of contacts, and an engaging personality. Having a tech-savvy agent also helps. 

Consider these tips and you can be sure that your house will sell before you even know it! If you're looking to buy or sell a home in the Alpharetta, GA area, I'd be happy to assist you, be sure to check out listings in the Alpharetta, Johns Creek, Cumming areas.