Local Selling Tips

Top Tips for Sellers in 2016

1. List during prime-buying season. Realtor.com®’s data shows that the prime home buying season usually begins in April and reaches a peak in June. “Sellers who list their home during the prime spring and summer months benefit from a larger population of buyers and potential bidding wars, which often result in higher prices and faster closings,” according to realtor.com®’s report.

2. Price to sell. Home prices nationwide are expected to rise 3 percent year-over-year, with a few markets like Stockton, Calif., and Las Vegas expected to see a whopping 10 percent increase this year alone. Home sellers would be wise to take their local REALTOR®’s advice to price their home adequately for the market and based on comparables.

3. Consider an incentive. Is there something extra a seller could throw in to entice buyers? Sellers who are open to negotiate beyond just price may find more success in hooking a buyer. Thirty-seven percent of all sellers offered some type of an incentive last year.