4 Tips For Selling Your Home Above Your Asking Price

4 Tips For Selling Your Home Above Your Asking PriceMost home sellers are happy to sell their home at their asking price, especially if they’ve only just put their house on the market. In many ways, a quick sale is worth the sense of relief of having sold it. However, there are ways you can improve your chances of getting even more than you asked for. The following are four tips that you should follow to sell your home at above your asking price.

1. Don’t rush to accept the first bid

You might be tempted to accept the first bid you receive, especially if it’s immediately after you’ve listed it. However, you should hold back. If you got a bid this quickly, then there’s a good chance you will get additional offers. Tell the homebuyer you are looking at other offers as well; once more offers do come in, you can stoke a bidding war.

2. Improve your home’s curb appeal

You won’t want to put too much money into renovating your property or else obtaining an offer over your asking price won’t make much of a difference. However, one area that you should focus on improving is your home’s curb appeal. Putting money into your landscape and into the exterior features of your house will not only attract more homebuyers, but help create a positive first impression on buyers as well.

3. Price your home below its value

The last thing you’ll want to do is sell your home below its value. However, pricing your home below its value is a good way to attract multiple buyers. This, in turn, will allow you to create a bidding war. Once buyers begin bidding against one another, the chance that the offers increase above not only your low asking price but above the home’s actual value as well will increase. Pricing your home at 5 percent to 10 percent below its market value is a good way to approach this tactic.

4. Approach investors

You might be able to create a bidding war by showing the property to investors and by showcasing the property’s potential. If the investor is interested and makes an offer, you can take that offer and use it as leverage against other interested homebuyers in an attempt to stir competition.

If you’re planning on selling your home, then be sure to follow these four tips. Doing so will put you in a much better position to sell your house above your original asking price.

Are You thinking of buying a Home in Tampa Bay?

Use our site to search homes for sale in Tampa Bay and all of our surrounding areas. Unlike the “big name” sites out there, our site is directly connected to our local MLS and is updated EVERY HOUR. By creating a Property Manager account you can stay on top of the newest homes for sale and get Price Change alerts so you can stay ahead of other buyers and beat them to the BEST deals!

In the meantime, check out these 1 click searches:

Beautiful Townhome in Hunters Green $349,900 Pending

17543 Fairmeadow Drive Tampa, Florida

2 Beds 2 Baths 1,747 SqFt 0.090 Acres

This delightful 2 bedroom, 2.5 bath Townhome in the well-manicured community of Copperfield Townhomes boasts numerous updates and a spacious open feel with vaulted ceilings and additional natural lighting and views exclusive to the end units. The kitchen features all new appliances, solid oak cabinets, beautiful quartz countertops, an elevated countertop with additional storage on the back side, and a convenient pantry closet. Beyond the kitchen is the finished lanai, with AC and a large storage room, or step out to the screened-in porch where you can enjoy a relaxing cup of coffee and early morning breezes. The half bath, an interior laundry nook with New full-sized washer and dryer, and the spandrel under-stair storage closet complete the downstairs. Upstairs you’ll find a split bedroom layout with the master bedroom and second bedroom being separated by a bonus space which is perfect for a home office or game room. Both bathrooms upstairs feature new shaker-style vanities with beautiful quartz countertops. The second bathroom offers a walk-in shower with new contemporary tile, while the master provides a tub/shower combination. The spacious master bedroom suite boasts a walk-in closet as well as a wall closet, a linen closet, and two nice-sized windows. Other notable features include a newer water heater (2020), new A/C unit, updated electric, new water softener system,gorgeous wood-look laminate flooring throughout, stylish baseboards, chair rails, full-sized washer and dryer, ceiling fans, and ample closets & storage. The well-manicured Copperfield Townhome community is pet friendly (with restrictions) and offers a sparkling community pool, sidewalks, and maintenance-free Florida living. Take advantage of plenty of parking with one assigned space at your front door and guest parking nearby. Centrally located with easy access to the Veterans Expressway, shopping, restaurants, Tampa International Airport, and beaches, this charming home offers both comfort and convenience.  Don’t miss out. Schedule your private tour today! $299,900 Active

7524 Hollowell Drive Tampa, Florida

2 Beds 3 Baths 1,396 SqFt 0.020 Acres

Look no further! This stunning block home is the epitome of what you've been searching for. Meticulously maintained, it boasts 2 bedrooms, 2 bathrooms, plus bonus add-on rooms. With granite countertops in the kitchen, ceramic tile throughout, and a 2023 roof and A/C, this home offers both style and substance. Freshly painted inside and out, it exudes charm with beautiful stone detailing on the exterior. Enjoy the convenience of no CDD or HOA fees, and relish its prime location just minutes from the highway for an easy commute, close to Tampa International Airport, fine dining, and fabulous parks. Don't miss out on the opportunity to make this income-producing property yours! $379,000 Active

2405 Durham Street Tampa, Florida

2 Beds 2 Baths 1,488 SqFt 0.110 Acres

Welcome home to this lovely open concept townhome in North Tampa. As you walk in, you'll be greeted by an updated open style kitchen, which is not typical for this community. Washer and dryer are located inside the townhome for convenience. Upstairs you'll find two spacious bedrooms each with their own bathroom. Flooring has been updated throughout the home. Lighting has been updated as well with LED lighting in some areas. Another rarity, is a wood burning fireplace which is located on the living room. This townhome offers a rare backyard space which is chic and spacious. It's a perfect place to hangout and grill. The backyard is also fully fenced in and has a storage closet. The community offers a pool and tennis courts as well as ample parking for both residents and guests. The HOA takes care of all exterior and community maintenance. This unit has a newer roof and siding! The location is ideal with easy access to I-275. $260,000 Active

13813 Stone Mill Way Tampa, Florida

2 Beds 3 Baths 1,261 SqFt 0.040 Acres