Get the Most Equity Out of Your Home
Don't leave any money on the table! If you're selling or thinking about selling your home, then you want to be sure that you're getting the most equity out of your home. Jon-David Lenard and Danielle Lenard share their knowledge and experience selling homes. Follow them as they share years of experience dealing with listings and how they ensured the best deal for the seller and buyer in every deal.
Summary Of This Episode
This episode discusses how sellers can get the most when selling their homes. Jon-David and Danielle Lenard, emphasize that pricing a home properly is more important than ever before, contrary to the old belief that a high price could always be negotiated down. They attribute this to their experience in the real estate market and their unique pricing strategy, which results in lines out the door at open houses and top dollar for clients. Additionally, the episode touches on the importance of marketing, including pictures, photos, and open houses, as well as the need to negotiate to secure the best price for sellers.
Jon-David and Danielle then move on to talk about a recent deal that Danielle has under contract. Since the deal has not closed yet, they are unable to share the closing price, but Danielle shared that the house exceeded the seller's expectation by $50,000. They mention that the property received a lot of interest, with over 100 people attending the open house.
The talk about their pricing strategy, which involves pricing somewhat below what they think the property will sell for in order to generate FOMO (fear of missing out) and attract more potential buyers. They also mention the importance of under-promising and overdelivering, and the potential pitfalls of overpricing a property.
As always, they discuss the current state of the real estate market and the challenges of pricing homes accurately. They mention that in some cases, individual homes may have price changes of up to 20%, while others may not have any changes at all.
Overall, the episode provides insight into the world of real estate and the factors that can impact the price of a property. It also highlights the importance of working with knowledgeable professionals who can help navigate the complexities of buying or selling a home.