4 Questions to Ask Before Selling a Home
Selling your home is a big financial and emotional task, which requires lots of planning. So, before you decide to put your home on the market, here are four questions to consider.
What is my home worth?
Determining your home’s value in the current real estate market is the most critical factor in listing your home for sale. Several factors go into determining your home’s market value. These include the condition of the property, square footage, location, features and amenities, as well as recent comparable property sales. For a snapshot of your home’s current value, ask us to provide you with a Current Market Analysis (CMA) of your home. It’s FREE, No Cost, No Obligation! This will provide you with a comparison of your home to other similar homes in your vicinity which have recently sold, are under-agreement, or are currently for sale. Your listing price and selling price should be based on the sales trends of similar homes in your area.
What has no bearing on the sale price and should never be used to determine your pricing is: The amount you owe on your home. What your friends or relatives think your home is worth. What price you need to get in order to purchase a new home.
How can I sell at the highest price possible?
There are several simple, low-cost things you can do to boost the value of your home. These include eliminating clutter, a thorough cleaning including washing windows, painting walls and ceilings, and installing higher wattage bulbs to create a brighter environment. Larger projects, like adding bedrooms and renovating kitchens and bathrooms, typically yield more substantial increases in sales price. Staging your home, which helps paint a picture for how buyers will use their new space, can also add value. We can also supply you with a list of service professionals that can help assist you if necessary.
How long will my home be on the market?
The time your home spends on the market depends on several factors, including location, how competitively your home is priced, and how aggressively your home is marketed. Statistics show that if a home is properly priced, an offer should come in within the first 12 showings. If you want to speed up the sales process, don’t underestimate the value of staging. Research shows that well-staged homes can sell up to 32 percent faster than homes that aren’t staged.
How can we help?
We will help you negotiate all aspects of the selling process, from staging, to pricing, to marketing, to negotiations, and by handling the intricacies of closing. We keep you advised of all dates and activities required by the offer, and purchase and sales contract.
We have taking many classes in home staging and will provide you with expert guidance in staging your home. Having negotiated the purchase or sale of over 150 homes, we will negotiate on your behalf to secure the best price – and quickest sale – possible. We reduce the stress that can often be associated with selling your home. Feel free to contact us!