When you are getting ready to sell your house, it can be an exciting time. Yet, there are a few critical things that you need to consider when selling a home.
Real Estate Agents
Real estate agents work hard to make sure that the owner gets a great price and that the buyer is happy to pay it. But there are some costs that you need to consider. If both the buyer and yourself have a real estate agent, you, as the seller, are liable to pay both of the agents.
You should expect to pay at least 3% of the selling price to each of the agents. Often this can make a significant impact on if you make a profit on your home sale or not.
Staging
Many home sales have been delayed simply due to how the interior looks. A house should look clean, bright, and ready for new owners. In real terms, you should be prepared to pay for a professional deep clean. A deep clean will remove stubborn stains, any lingering smells and make the home look pristine.
Staging is an essential part of getting just the right photographs. Staging is where you highlight all of your home’s best features with careful placement of furniture, lighting, and even the books on the coffee table.
The final piece of the puzzle is to have professional photographs taken. While your photos will show the parts of the home, you love. A professional will really capture the lighting, style, and depth of the rooms.
If you are selling a rental property, your property management company can assist you in finding reliable vendors to stage and take pictures of your home.
Being Realistic
You might have been looking online for homes previously and thought to yourself, “That is priced too high!’’ Well, it is crucial you don’t make that same mistake. It is very easy to place a higher value on your home because you have enjoyed many years in it. However, it is essential that it is priced realistically.
You can use the advice of your realtor, valuations, prices of local houses as your guide, taking into consideration special features. If the price tag is inflated, you will get fewer requests for views, and serious buyers will look elsewhere.
Timing
Not many people want to view homes and move during some of the most expensive months of the year. Winter is notoriously slow for selling houses. While it is absolutely possible to sell your home in the winter, you might have to lower the price to entice people. Traditionally, spring is reported as the best time to sell your home.
You should also take into consideration when the housing market is hot and when it is cold. There are peaks in the housing market, which means you’re likely to make a sale faster, and for more money. Those housing booms take some research to find out and will be likely reported in the media, further stoking the fire of hot buyers.
When selling your home, consider these four points, and you are more likely to get the price you want without your house being on the market for months and months.
