Whiteboard Topics: How Can I Get The Best Price For My Beach Home?

Obtaining the desired price for your beach home is what we all want. However, getting the best price doesn’t mean you’ll get your first pick, but that doesn’t mean you’ll walk away with nothing either. Find out how you, as the seller, can go about getting the amount you feel is fair. Beach Homes Realty’s CEO, Glenn Phillips, goes into greater detail regarding this concern.

  1. Start with a Market Appropriate Price. Bringing up how much you have invested in the property isn’t pertinent information to the buyer. All they want to know is how much the home is worth now. Starting too high will result in the market not responding. 
  2. Be clearly the best VALUE in the area. This doesn’t mean the lowest price, but definitely the most bang for your buck! Compare what is on the market now and see where the prices stand in relation to yours.
  3. Picture Perfect / Move-In Ready. Buyers nowadays are ready to move in, especially being on the beach. If you aren’t willing to make this adjustment, consider lowering the price a bit.
  4. Would you buy it today at your price? Each day the home stays on the market, you’re essentially buying it again at your price. The longer it stays without any type of offer, the more overpriced your property actually is in terms of the market.

When it comes down to it, we want you to get the best price possible. Taking these four tips into consideration can allow for that to happen or at least not continue the cycle of buying your house for the same price every day. If you feel like these steps might help or you need more advice, get in touch with one of our beach agents at beach-homes.com. After all, they are the experts in this area. 

Zac Parnell

Alumnus of The University of Alabama at Birmingham with a degree in Digital Marketing. Currently a Social Media Specialist at Lake Homes Realty.