- Understand Why You Are Selling Your Las Vegas Home
Determine what is motivating your home sale because it will affect the marketing plan and schedule as well as decisions down the line in the negotiation. A quick sale will usually not net quite as much money while a high yielding sale will provide higher profit but take more time.
- Don't Reveal Your Hand
Don't show all your cards when you are negotiating. If you reveal your motives you may lose at some step of the deal making process. Remain objective and show only the cards you need.
- Do Your Research Before You Establish a Price
It is key that your Las Vegas agent do the correct analysis on your property to establish the right price. Your listing price is likely the highest someone will pay you for your home. You have adjusted for costs and understand what you net amount will be. If you have done the homework correctly you will know what you can negotiate based on true market value.
- Visit Homes for Sale
Ask your Las Vegas agent to take you to some of the comparable homes in the area. Get a good feel for what is selling and for what price.
- Consider an Appraisal
If you are confident you can get a good appraisal from someone before the sale you may consider it. It will cost you money and it may not be reusable for the buyer's loan but you will have a good idea of what your house will appraise for and you can adjust your asking price accordingly.
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In a tough market like the one we are in, don't count on selling the house yourself. Make sure to get your ducks in a row and get the right agent to help you get your house marketed and sold.