Money is Speed When Selling A Home!!

October 3, 2023

By Isabel Guzman, Realtor®

Video Transcription

IMoney is Speed When Selling Your Home
Have you ever heard the saying Money Likes Speed? Well, that saying certainly applies when
selling your home. Hi, I;m Isabel Guzman Broker Associate and Realtor with EXP Realty
As we all know, selling your home can be a complex and sometimes stressful process but there is one
thing that is absolutely critical for success and that is Money is Speed. So what does that
exactly mean? It means that the faster you can sell your home, the more likely you are to
receive a fair price, avoid unnecessary expenses and hopefully make a decent profit. Now,
keep in mind, this doesn't mean selling your home too quickly in a market where you are seeing
bidding wars and multiple offers. If you sell you home in a day in a market climate like this you
are typically leaving money on the table. I’m referring to having your home stay on the market
in a more normalized market. In a normalized market the longer your home stays on the
market the more you will pay for the “holding costs” such as property taxes, utilities, possible
repairs, and maintenance. Also, the longer buyers and their agent sees the home has been on
the market longer, they feel they can get it for a cheaper price. Obviously, these costs can cut
into your bottom line profit and make it more difficult to achieve your financial goals. Of course,
there are strategies to be sure this doesn’t happen. Pricing your home competitively is key.
Staying competitive in a real estate market means buyers are more likely to make offers on
homes that are priced competitively and possibly increase your chances of receiving multiple
offers. Also, making any necessary repairs upfront will avoid added expenses during
negotiations, and finally making sure you are working with an experienced and reputable agent
are all critical factors to be sure you can sell your home quickly. Contact my team and I today so
we can show you our complete marketing plan and digital strategy on how we can sell your
home quickly and effectively to make the most return on your investment. I’m Isabel and I'm always happy to help!