Real Estate Selling: The Basics
Maximizing your home’s value is important if you’re attempting to sell in today’s real estate market. You need to do whatever you can to add value to your home before listing it. In this article, you will find information on how you can move your property in today’s marketplace.
You should hire your own real estate agent to represent you. An agent that works for both the buyer and the seller can possibly have a conflict of interest. Ask friends to recommend an agent to you. Interview several agents and make sure you are comfortable with the person you choose. A knowledgeable agent is an invaluable resource.
When you are trying to sell your home, make sure that the realtor that you hire is knowledgeable about the internet. This is because the first impression is key when trying to sell and this first impression actually happens on the internet. More and more buyers start their search by looking at listings on the internet. This includes looking at detailed pictures and video tours of properties.
Offering a warranty when selling a house will give you an edge and make your home more attractive to buyers. People want to buy with confidence and are always less hesitant to commit to a purchase when a warranty is offered. This also means the next owner will be calling the warranty company and not you, should any problem arise.
Selling a home in the fall may become rather difficult as the market is slowing for the season. Parents do not want to pull their kids out of one school and make them start in another. Be flexible when accepting offers during this time of year or you could find your home still on the market, come spring.
When you are selling and buying a home at the same time, make sure that you have the closing on the property you are selling first. In this market, you really never know when a sale will fall through, and it is better to lose your deposit than to carry two mortgages for an indefinite amount of time.
Find out when your home’s buyer needs to close. Learning that they have a particular deadline to finish the deal can give you an advantage during negotiations. On the other hand, try to avoid providing your reasons for selling as it could put you at the disadvantage during the selling process.
Have your real estate agent do a rough estimate of everything that would have to be paid for by you at the time of closing. This is important, because it will show you how low you can drop your price without having to bring your own money to the table. Sometimes, there are costs that a first time seller is not aware of.
It doesn’t take a rocket scientist to be able to effectively move property as a real estate seller, but it does take a very informed person to make the right decisions. The tips provided in the article above will help you always make the best decisions possible when you’re ready to sell your home.