Million Dollar Listing Advice
Selling a million dollar listing is greatly different than selling lower-end properties. It’s a much more involved process overall and at times, can be more expensive. Here is some advice to keep in mind before selling your million dollar listing.
[list_item]Have your house appraised by a licensed home appraiser. Knowing the current value of your property is important to know what selling price to start at and how low you’re willing to go.[/list_item]
[list_item]Call a licensed contractor and have him/her look at the property to make sure there are no potential structural defects or other potential issues. Identify what needs to be fixed and do so before the buyer discovers the problem and walks away.[/list_item]
[list_item]Contact a home staging service to come into your home and make it look its best. An attractive home is more likely to sell faster and for more money. Stagers might suggest renting furniture, painting, landscaping, etc. to place your home in the best possible selling light.[/list_item]
[list_item]Work with an experienced real estate agent that has proven success in selling high-end properties. Agents entrenched in the high-end real estate industry have a better understanding of what to do to sell your million dollar listing for the most return.[/list_item]
[list_item]Work with your real estate agent to develop a marketing plan for your home. High value properties require attention to detail. You might even consider hiring a photographer to capture the appeal of the property to position it to sell.[/list_item]
[list_item]Many times buyers of high-end properties will bring in lawyers or consultants to handle the closing price, costs and negotiations. You may want to hire a lawyer as well to ensure that everything goes as planned.[/list_item]
Interested in learning how to buy a million dollar listing? Check out this article published on CNBC.