Greetings neighbors,

With the many changes that have occurred in the housing market lately, one who is looking to sell their home needs to be aware of how to maximize the value and sales price of their home in the current market. Here are 7 tips from RISMedia you can use when placing your home on the market.

Tip 1: Do Not Over Price Your Home - It is understandable that a home can be a prized possession but don't over price your home. Many consumers this day in age are looking for a good deal. Also keep in mind, the longer your home is on the market, the stronger the buyer's negotiating powers become. 

Tip 2: Select Internet - Friendly Pricing - With more and more people becoming technology savvy, over 80% of consumers start their new home searches online. Many real estate sites will filter home prices in increments of $25,000 to $50,000. For example, if your asking price is $555,777 and a consumer set their max price at $550,000 while searching online, your home will not populate. In addition, home prices ending in 000 (200,000) typically sell better than those ending in 500 (200,500).

Tip 3: List the Home on Friday - Most consumers love to check for weekend prices and will pull up new listings on Friday.

Tip 4: Occupy or Stage the Home - Buyers typically prefer to view a home that feels "homie" or looks lived-in. However, do not over personalize your home. Remember to keep it balanced. If you move into a new home before selling your home it may be a good idea to hire someone to professionally stage your home to look as if someone is currently living there.

Tip 5: Monitor Local Foreclosures - In today's market, foreclosures have actually become an aggressive opponent to sellers. Therefore, if your neighborhood contains a high number of foreclosures, wait to place your home on the market if possible.  If you have to place your home on the market remember, the selling price would have to be competitively priced in order to compete with the surrounding foreclosures in the neighborhood.

Tip 6: Keep the Home Neat and Clean - With many foreclosures on the market, those who are looking for homes are liable to see potential homes at their worst. Remember, a neat and clean home will attract more potential buyers.

Tip 7: Keep Records - Disclosures are not included in foreclosures, therefore sellers who are attempting to sell their home should keep updated records, photos, and permits handy for the buyer which will make them feel more comfortable about purchasing your home. This will also give them a competitive advantage over other neighborhood properties that are in foreclosure.

Needing to place your home on the market? Let us help, the zac team @ RE/MAX Greater Atlanta. Call: 404-564-7200 or E-mail Zac at sold@zac.biz.