Youve lived in your house for years and taken pride in with numerous improvements. Now it is overvalued and youre wondering, “How do I sell an expensive house?”
How Do YOu Sell An Expensive Home?
When discussing how to sell an expensive house, there are two scenarios in which the issue comes up. The first is you have a home in an expensive neighborhood, but one which youre asking for a price comparable to similar homes around you. In such a situation, you should be able to sell your expensive house through traditional means, either as a FSBO listing or through a realtor. The home should be cleaned up and listed with a multiple listing service. Open houses should be undertaken as well as online advertising with photographs. In this current market, you should be able to move the home fairly quickly.
The second expensive house scenario is a bit more complicated. In this scenario, you have improved your home beyond a value supported by surrounding structures. This can often occur if you live in a home for a substantial period of time and make additions to the home such as new rooms, floors, renovated kitchens and so on. The homes in your...