Redfin publishes top tips for selling your house
Technology-powered real estate broker Redfin today announced four data-proven home-selling tips for 2013. Redfin analyzed more than 500,000 home listings and sale records to determine the most important actions home sellers can take to maximize their chance of selling, get the highest price, and decrease time on market.
- Friday is the best day to list a home.Homes listed on a Friday sell faster (81 days on the market, on average) for a price closer to their asking price (99.1 percent of the original asking price, on average) than homes listed on any other day of the week.
- April is the best month to list, but definitely before June.Homes listed in April sell for closer to their original asking price, with a 99.2 percent sale price-to-list price ratio, compared with a 97.3 percent ratio for homes listed in December. The period of March through June had the largest percentage of homes that sold within 90 days of their debut.
- Price your home right the first time. In the first week that a listing goes on the market, it receives nearly four times more visits on real estate websites than it does a month later.
- Use professional photos on your listing. Listings with photos taken with a digital single-lens reflex (DSLR) camera sold for prices considerably closer to their asking price than those with point-and-shoot photos. Sellers made $5,700 more for a home priced between $400,000 and $500,000 when they used DSLR photos.
Looking to sell your property?
Find advice and information on advertising services for FSBO property: http://www.sellmyproperty.org