Seeking home selling advice in times of economic crisis is a very smart thing to do, especially if your financial security is at stake. There are essentially 2 main options in times like this: Reduce your asking price or tweak your home’s perceived value. This article focuses more on how to get the most money for your house.



Setting A Recession-friendly Price





Even though the economy sucks, you don’t necessarily need to massively reduce your asking price. Try focusing on balance instead. Work out what you still owe on your home loan, and go for a 10-20% profit on top of that. This will vary depending on how badly your area is affected by the property market collapse. Remember, the cause of this whole economic mess was corporate greed, so try to be as moderate and realistic as possible.



Boosting Your Home’s Appeal



This is the fun part. Think about how you can spruce up your house and garden using cheap options. A good place to start is by replacing light fittings, door knobs, floorboards, carpets, etc.. Spending a couple of hundred dollars might mean the difference between a $400,000 offer and a $420,000 offer!



Be creative with this, and don’t limit it to the interior design. Think about the outdoor areas too. Hire furniture for the house showing if you really want to go all-out.



Manipulating Your Prospects



I don’t mean this in a sinister way, but rather a smart way. Buyers want value, especially in times like this. Consider throwing in extras. Are you a professional in any way? Can you offer them a free service? This will build their trust in you, and boost their eagerness to make an offer. Can you throw in the rugs and refrigerator? Be as original as possible!