Luxury Selling Tips from Top Main Line Agent Kimmy Rolph offers 3 no-fail tips. Do you have a luxury home that you are considering selling in Villanova PA, Bryn Mawr PA, or Radnor PA? Wondering how the real estate market is different when selling your luxury home? Selling a home takes some planning. Selling a LUXURY (place emphasis on luxury) home takes even more planning. If you have a luxury property, everything from who you hire to how you price it to how you market it and everything in between must be optimized to attract the right buyers! In fact, the higher the price point the more you’re going to have to be strategic in how you approach the sale of your luxury home to appeal to a specific subset of buyers who have a lot of money to spend and a lot of expectations for what they’ll get.
This is why I want to share the top 3 tips to help you navigate when selling in this exclusive market. Number one, be sure to work with a realtor who has experience in the luxury market because you want someone who has proven experience and understands the ins-and-outs of selling a luxury home, especially when It comes to pricing and marketing. Number two, hire a professional stager. Sometimes your realtor will offer this as a concierge service. One of the most important aspects of selling a home is staging the property. Not only can a stager help optimize your home for potential buyers to come through, but they can also assist in finding ways to highlight the property’s most exclusive features. And, number three, and the most critical, is finding a balance when setting the price of your home. Setting the correct price can be the trickiest parts of selling a luxury home because if you list your home to high you risk the possibility of your home sitting on the market for longer than you might like – making it become stale on the market, and if you list too low, you might end up with less than what you’re home is really worth. It’s important to have an open dialogue with your realtor to find a happy middle ground and determine a price that speaks to what your luxury home has to offer and its true value without potentially deterring a large segment of your buyer pool. The goal is to remain competitive while also getting you as much as possible for your property. We hope these first step tips were helpful and if you want more luxury selling tips for selling your Main Line home, click on our luxury seminar below and subscribe to our channel on Youtube! Kimmy Rolph Sells Luxury on The Main Line and Local Areas.