Metro Detroit Home Selling tips

Do you really want to sell your home?

The Metro Detroit real estate home values have been hammered. Subdivisions like Chase Farms in Novi once had homes selling for over $600,000 have had homes sell for under $300,000. Even new subdivisions like Steeple Chase in Northville had new homes selling for over $700,000 now has homes selling under $500,000. Some Metro Detroit cities like Dearborn, Redford, and Westland have homes selling for 50% of what homes sold for a few years ago.

When you put your Wayne County or Oakland County home up for sale. You must price it right!

Have your real estate agent pull all the recent solds for your neighborhood, for your area. Look at the cold hard facts. It is bad, but you have to accept the truth and list your home at a price where it will sell quickly.

Price is the single most important factor in selling your Metro Detroit home. It doesn't matter if the house is in poor condition if you price it so it is a value it will sell. If you backs to a garbage dump if you price it low enough somebody will buy it.

You are competing with all the bank foreclosures out there. There may be 20 bank foreclosures in your price range in your city. If they are a better value than your home they will sell before yours. Then there will be more foreclosures hitting the market to replace the ones that sold.

Pricing your home to sell is your best tool. Otherwise you will be chasing the Metro Detroit real estate market down and you will be selling your home for less money in six months or a year from now.

Price it so it will sell in under 60 days!