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Experts share their tips for strategically selling real estate

Buying and selling real estate in Illinois can be a tricky business, undoubtedly. Newcomers have every right to feel a bit uneasy at the thought of preparing their home to sell and may question their ability to get as high of an offer as possible before agreeing to turn the title over to a new owner. However, with the right guidance and some strategy on the part of the seller, people can successfully sell their real estate and be 100 percent satisfied with the outcome. 

A panel of experts shared their insight into what can be done for sellers who are interested in putting their home on the market. One of the strategic recommendations they provided was for people to consider updating the rooms in their home that are often the biggest sellers. Examples include bathrooms, the master suite, the family room and the kitchen. However, they also encourage people to consider working with a local agent who can provide insight into what features buyers may be looking for. This extra step can put sellers at an advantage when they are able to include components that buyers are interested in when they are looking at other homes in the area. 

When it comes time to price a home to sell, the sellers should take precautions to list their home at an appropriate price. It is recommended that people list their property for a little bit less than what they hope to receive for it. This strategic move may draw several interested buyers right away who are concerned that the property will not be on the market for long. Once people make the decision to sell their property, they should set realistic goals to achieve the end result they hope to achieve. 

If people are interested in selling their home, they may benefit from working with an attorney. Legal professionals can provide a great deal of insight and support as people navigate the complex world of real estate transactions.  

Source: Forbes, "Building Prosperity: 12 Tips For Selling Your Home For A Better Price," Feb. 8, 2019

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