Jeffrey Harrington, Realtor®
Jeffrey Harrington, Realtor®
Portsmouth NH Real Estate, Jeffrey Harrington, Realtor® Phone: (603) 312-1221
Email: [email protected]

Manage Your Home Selling Expectations

by Portsmouth NH Real Estate 01/21/2019

For those who intend to list a house, it helps to establish realistic expectations. That way, you'll have a good idea about what to expect during the home selling journey.

Now, let's take a look at three tips to help you manage your expectations as you attempt to sell your house.

1. Understand the Housing Market

You may own a great home, but even a top-notch residence may be difficult to sell based on the current housing market's conditions. If you allocate time and resources to study the real estate market, however, you can differentiate a buyer's market from a seller's market. Then, you can map out your home selling journey accordingly.

In a buyer's market, there may be an abundance of houses and a shortage of buyers. Therefore, sellers may need to price their houses competitively to stir up interest from buyers.

Comparatively, in a seller's market, there likely is an abundance of buyers and a shortage of first-rate houses. This means a seller probably won't have to wait long to receive offers to purchase after he or she lists a high-quality residence.

To distinguish a buyer's market from a seller's one, you should look at the prices of recently sold houses in your area and find out how long these properties were listed before they sold. This information enables you to review the level of interest in properties in your city or town and can help you determine whether you're preparing to enter a buyer's or seller's market.

2. Know Your Home's Strengths and Weaknesses

You may believe your home is flawless, but buyers may quickly identify problems with your house. Fortunately, a seller who conducts a house inspection can address any potential issues before listing his or her residence. Home inspection results may help a seller establish realistic pricing expectations for his or her house too.

During a house inspection, a property expert will examine a residence both inside and out. This property expert next will provide a homeowner with an inspection report that details his or her findings. With an inspection report in hand, a homeowner can correct underlying house issues before he or she adds a residence to the real estate market.

3. Collaborate with a Real Estate Agent

A real estate agent understands the opportunities and challenges of the home selling journey. As such, he or she will help you set expectations for this journey, as well as help you make the most of available home selling opportunities and resolve property selling challenges.

Typically, a real estate agent will meet with you and find out what you want to accomplish by selling your home. He or she next will craft a personalized home selling strategy for you, promote your residence to potential buyers and do everything possible to help you maximize your home sale earnings.

Manage your expectations as you proceed along the home selling journey. By doing so, you can limit the risk of encountering home selling problems and boost the likelihood of a successful property selling experience.

About the Author
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Portsmouth NH Real Estate

Welcome to Portsmouth NH Real Estate online and Seacoast Properties Group at Keller Williams Coastal Realty in historic Portsmouth, New Hampshire … we'd love to assist you! Whether you're in the research phase at the beginning of your Real Estate search or you know exactly what you're looking for, you'll benefit from having a great team of experienced local Real Estate professionals by your side. We'd be honored to put our vast Real Estate knowledge & experience to work for you. 

Contact Us!

Jeffrey Harrington, Realtor® 

Keller Williams Coastal Realty

750 Lafayette Road

Portsmouth, NH 03801

cell: (603) 312-1221

email: [email protected]