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6 Home Selling Tips for Getting the Best Price during Negotiations

As a home seller in Knoxville, TN, it is important that you are able to sell a home quickly and get the best possible price for your home. One of the ways that you can work to ensure this happens is through the negotiation process. Negotiating the sale of a home can be an intimidating process, but it does not have to be. Let’s examine home selling tips further in this article.

With the help of a skilled expert real estate agent, you can rest assured that you will achieve your home selling goals. At Your Home Sold Guaranteed Realty Kings of Real Estate Team in Knoxville, TN, our real estate agents are here to give you great home selling tips to negotiate the best price for your home.

6 Home Selling Tips for Getting the Best Price during Negotiations

“There are often opportunities to change a deal’s scope and achieve better results.” – AMY FONTINELLE

1. Know How Low You’ll Go

When you are selling a home, it is important to know 2 primary facts: your home’s worth and the absolute minimum you are willing to accept. In order to establish your home’s worth, you should have a professional home evaluation done. 

Once the home evaluation is complete, you will know what your home’s value is and will give you a solid leg to stand on during negotiations. If low offers begin to come in, you can provide evidence as to why you will refuse to consider those offers. 

Likewise, once you know the home’s value, you can determine the lowest selling price you will accept. 

2. Avoid Negotiating out of Fear of Losing the Home Sale 

When you begin negotiating as a home seller [link to sellers resources page], it is common for the home buyer to offer an initial bid that is well below your asking price. That home buyer (and their real estate agent) will be expecting a counter offer from you so that the negotiating can begin. Unfortunately, that bid may be the price they can afford.

Although you certainly don’t want to lose the sale, that should not be the reason why you accept an offer that is well below your home’s worth. If a home buyer’s offer is the only thing that they can afford but is still far less than what you could get for your home, you should consider finding another home buyer.

While you certainly want to get the home sold, you do not want to accept an offer that is too low. To get top dollar for your home in Knoxville, TN, enlist the help of a non-biased realtor to assist you with the expert negotiations.

Keep your emotions in check during negotiations to ensure that you always remain in control and get your home sold quickly and for the highest price possible.

3. Be Prepared to Walk Away from an Offer

You want to make sure that your home buyers know you are serious about getting the best possible price for your home. This means you need to be prepared to walk away from a legitimate offer that is too low. Show potential home buyers that you are not desperate to sell a home, but rather you are serious about getting the price you want for your home.

4. You Can Only Get What You Ask for 

When it comes to home selling tips, one of the best ways to ensure you get the price you want for your home is to ask for it. After all, the home buyer will not know what you want them to pay unless you tell them. Do not be afraid to ask for what you want out of the sale of your home. Start high with your asking price and allow them to negotiate down just a bit.

5. Be Firm but Reasonable

During any business transaction that involves negotiations, there is a bit of give and take on both sides. While you may not get 100% of your asking price, you should be willing to accept something close to it. Be firm during the process but reasonable if a home buyer makes a fair offer.

6. Handshakes Don’t Cut It – Get Everything in Writing!

Throughout the negotiation process, you may be meeting in person with the home buyer and agree to a price. Be sure you get everything put in writing to ensure that you are safeguarded in the event the home buyer tries to rescind the deal. 

If you are preparing to sell a home in Knoxville, TN, be sure to keep these home selling tips in mind during the negotiation process. They will work to ensure you get the best possible price for your home.

Home Selling Tips: Our Real Estate Agents at Your Home Sold Guaranteed Realty Kings of Real Estate Team Sells Homes for 3% Higher than the Others 

If you are looking to sell a home in Knoxville, TN, be sure to give our team a call at 865-830-3908 or fill out our form below. We will walk you through the entire process, give you home selling tips and resources, and ensure that you get the best possible price for your home. Our real estate agents are expert negotiators and will work diligently for you.

We will sell a home for you in Knoxville quickly and for top dollar – we guarantee it! Our team looks forward to helping you achieve your home selling goals!

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