QUESTIONS YOU HAVE BEEN ASKING US...ANSWERED!
The leading curiosities in the home transaction process typically presents a variety of questions for people . We have answered a few of these questions for you below.
Q: Is there anything specific I should do to prepare my home for sale?
A: Homes should be clean and presentable with little or no hints of your family. This typically translates to removal of items such as family photographs. Buyers are emotional in their purchases. They want a place that is comfortable and they could 'feel at home'.
Although you may not be able to change your homeís location or its floor plan, but you can do a lot to improve its appearance. Make sure it’s free of clutter, that furniture is arranged so that itís easy to navigate the house, and above all, that it’s sparkling clean. Warm, flattering light is mandatory, as well ñ check the bulbs in your lamps and fixtures, and open shutters or drapes for showings. Fresh flowers or potted plants sometimes help, and minor repairs are recommended so prospective buyers can envision themselves moving right in. Part of selling your home is to make the future owner initially feel as if it's their home.
Q: How do I choose a top real estate agent in the current real estate market?
A: When seeking a top real estate professional, you’ll likely want someone with strong experience in your local market niche. It is also critical to look for a real estate agent who has all of the available resources, time, and support staff to market your home effectively. This will be an agent whom will be able to accomodate frequent showings and most importantly, communicates with you consistently.
Your agent should also have a comprehensive plan to market your home, both print advertising to drive traffic to open houses, and a strong web presence. In todays market, this is where most buyers spend much of their time searching for their new home of choice. Talk to the agents you’re interviewing about their opinion on your home’s value and salability, but beware the agent who gives you a surprisingly high listing price — they may be trying to “buy” your listing by making you think your home is worth more than it actually is. The result will be your property languishing on the market for months at this too-high price.
Q: How do I decide on a listing price?
A: After viewing your home, your agent will discuss with you what’s going on in the market as a whole, and what recent sales are comparable to your own property. When you decided to sell, you probably started keeping an eye on other properties going on the market in your neighborhood, but remember: homes are compared and priced by what’s sold, not what’s listed on the market.
You’ll also want to consider your desired time frame when deciding on a price. If you’re not in a great hurry to sell, you can price your property at or very slightly higher than the current comparable sales indicate. But if you do need to sell quickly, you’ll definitely want to keep your listing price very competitive. Remember, a too-high listing price will mean a lot of prospective buyers sitting on the sidelines waiting for a reduction…but a comparatively low listing price can result in offers, and maybe even a bidding war.
Q: How long will it take to sell my home?
A: No answer here is guaranteed. If marketed and priced right, you should be able to sell in a couple of months. However, many factors can influence the speed of a sale, especially the condition of your home or whether it’s in a sought-after neighborhood.
Today, financing may be an issue to address for prospective buyers; and obviously the economy strength as a whole. Some times of the year are historically slower than others for home sales, and some price points in particular areas can add extra time on the market. It is said that the most important two things for you as a seller are to choose a top real estate professional that you are comfortable with and also to price your home attractively!
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