Lastly, there’s the matter of timing. In Georgia, as in every other state, time is money. If your home is sitting on the market for too long, it’s costing you more than just the price reduction. Those mortgage payments? They add up. And don’t even get me started on the property taxes. If you let your house sit for months without a solid offer, you're eating into your profits.
Takeaways:
Price it right from the start: Overpricing or underpricing can be disastrous. Trust your agent’s market knowledge, but also ensure they’re using real data to support their pricing strategy. Marketing matters: Don’t let your home go unnoticed. A solid marketing plan is crucial, and yes, that includes more than just hopes and dreams. It should have professional photography, a sign in front, and strategic online exposure. Latent defects must be disclosed: In Georgia, full disclosure isn’t optional — it’s the law. Make sure your agent is on top of everything that needs to be revealed, especially those hidden issues like latent defects. Stay on top of offers: If you get an offer with contingencies, make sure you understand what they are and how they could affect the sale. Work with your agent to address the contingencies properly and ensure you’re making an informed decision about moving forward. By now, you should be ahead of the game. With the right pricing, marketing, and legal knowledge, you can avoid the mistakes that cost sellers thousands. It’s all about being smart and staying proactive. Don’t just rely on your agent — educate yourself and ask questions. The more you know, the better you’ll do.
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