It’s important to ask questions when selling your home; this is no different with beach homes. However, some questions will lead to better transactions than others. Glenn Phillips, CEO of Beach Homes Realty, discusses better questions to ask when selling your beach home.
- “Would I Rent This?” After depersonalizing your home, ask yourself if you would go to the property. Think about it like you would a hotel room. Think about the cleanliness, comfort, and other factors that would lead you to rent the property.
- “Would I Rent This Again?” After thinking about if you would rent your home, ask yourself if you would rent it again. Additionally, go a step further and ask if you would pay more to rent it again.
- “Would I Pay More Than List?” Once determining if you would rent your property, think about if you would pay more than the list price you’ve established. You could also compare your home to similar properties and consider if you would pay more for your house than those properties.
- “Would I Buy at This Price?” If you don’t pay the list price you set, then your property is overpriced. Appropriately priced homes quickly sell at or even above their list price.
- “Is It the Best Value In This Market?” Determine if your home is the best value in your local market. This doesn’t necessarily mean the lowest price, but your home should have the most “bang for your buck” in the area.
- When it Doesn’t Sell, You Won the Bidding! When your overpriced home doesn’t sell, you’ve effectively “won the bidding,” keeping the property.
When selling your beach home, asking better questions leads to a quicker and better transaction. Look at your property from the buyer’s perspective and compare it to other properties like a business transaction. Visit beach-homes.com to connect with expert beach agents ready to help you sell your home.