If you are looking to sell your South Lake Tahoe real estate, you likely are hoping to sell fast and wouldn’t mind a few bids to choose from. After all, it is a current trend in real estate markets across the nation and especially with our neighbors in the Bay Area. San Francisco has been making headlines for the median home sales price of over a million dollars thanks to the high demand and low supply. While our market isn’t seeing demand quite to that extent, there are things you can do to bring in a few offers. If you want to sell your South Lake Tahoe real estate with multiple bids and hopefully over asking, discuss doing these 3 tips with your South Lake Tahoe realtor.
Price Your Home for Sale in South Lake Tahoe To Move
This doesn’t mean pricing per the market conditions as we generally suggest. Pricing your real estate in South Lake Tahoe to move is decreasing the listing price by a small percentage. When you price per the market conditions, you are pricing based on comparable sales in the area. Market conditions are usually determined by market demand which is basically what people are willing to pay. Pricing your South Lake Tahoe real estate a smidge lower can feel a bit risky as you don’t want there to be any thing left on the table. However! This is psychology 101: Buyers love the idea (key word here folks!) of a good deal. If your home is priced a small percentage lower compared to the competition, there is a good chance the people who are looking for a home for sale in South Lake Tahoe will make an offer on yours before they do on other similar ones that are priced higher.
Set a Deadline, Also Known As An Offer Review Date
This is not a move that is for everyone, I repeat: This is not for everyone. It really depends on the market. If your home for sale in South Lake Tahoe has showings lined up before you even hit the market, you could be a good candidate for this move. Just like the above tip, people don’t like to miss out on a good opportunity. When you set a deadline or an offer review date, it motivates serious buyers to get an offer in on your house asap. Keep in mind that if your home is overpriced, this could backfire. In fact, this should only apply to real estate in South Lake Tahoe that is priced appropriately or even slightly lower then market value. This is a huge trend with our neighbors pretty much all over the rest of California. If you haven’t seen, our state is dominating realtor.com’s top 20 hottest U.S. housing markets and has consistently for about the past year. When demand is high, offer review dates come in handy. Once again, South Lake Tahoe is not quite there. However, if your home is a hot property before it even hits the market, this could be a good strategy.
Spice Up The Professional Listing Photos
Professional photographs are a must when it comes to listing a home for sale in South Lake Tahoe. However, instead of doing the same old boring shots, request photos that show different angles of the house. This shows off how the home flows as well as creates the opportunity to stand out and not get lost in the sea of houses.
Of course, every home is unique so it is crucial to consult your South Lake Tahoe realtor to find out if these steps would be appropriate for you. For more information, give me a call. I would be happy to help!