Home Selling Tips

Selling your home can be a daunting task and a bit unnerving, but with careful planning and an experienced Real Estate Company, it can be a lot easier! An excellent marketing plan will ensure your house will receive the best offers in the shortest period of time. Best Agents in Texas specializes in marketing your home for sale, not just listing your home.  But before we get started, here are things to consider, mistakes to avoid and other tidbits of information you will find useful.

Things to Consider When Selling a Home

#1 Be committed to selling your home! – Whether you are moving up, moving out, downsizing or just need a change of scenery, before you put your home on the market, it is important to be committed to selling your home. Identify why you want or need to sell your home and keep this reason in the forefront of your mind throughout the selling process.

#2 Have Somewhere to go when Your Home Sells – Even before putting your home on the market, get pre-approved for your next home. Homes that are marketed well and priced properly can sell very quickly, when this happens you want to be ready.  Nothing is worse than being very successful at selling your home, only to find your financial circumstances have changed since the last time you applied for a loan and now you have the dilemma of wanting the house you just sold back! Search for your next home Now

#3 Price Your House Properly – This is probably the most important thing you can do to get your house sold for the most money in the shortest period of time. Often homeowners will price their home based on what they need to make off the sale, or price it high in hopes of getting lucky and making more money. The problem with both these approaches is they have nothing to do with market value.  For example is the local Baker needed to make $500 to cover his bakery overhead this week, would you pay $500 for a loaf of his bread? No, and neither will people when it comes to buying a house.  Your home will receive the most exposure the first 30-days it is on the market, pricing it right from the beginning will get the most buyers into your home and in turn get you the best offers.

#4 Calculate the Costs – There are costs associated with selling a home and these costs must be considered before putting your home on the market.  These costs may include: Attorney, closing agent, Realtor commissions, pro-rated costs for your share of annual expenses such as property taxes and HOAs, and any other fee typically paid by sellers in your area, like survey or inspection. We will provide you with a Seller’s net sheet based on your list price, which gives you a very close estimate of your closing costs and shows you where that money goes. The Seller’s net will also tell you your estimated net proceeds depending on the price which your property sells at, what type of financing the buyer is using and any concessions the buyer may negotiate.

#5 Be Ready for Buyers to See Your House -  Once your house is on the market, buyers will start driving by and come to see it with their Realtor. It is best to make a great impression with each and every buyer, even the first. So, prep you home and make general repairs before you put it on the market. Click here List of Prep and Inexpensive maintenance that will help you get the most money for your house.

 

If you are looking to sell your home and these selling tips were helpful to you, please give me a call @ 512-820-6650!