Are you planning to sell your home this year? Selling when the housing market prices are high can give you a large return, allowing you to use funds for a down payment on a new home. There are several mistakes people often make when they are selling a home. To avoid making common mistakes, use these tips.
Tip # 1: Ask for a Reasonable Amount
Sellers often use a strategy of listing the home for more than it is worth, so they have room to negotiate. Look at the amount of money you currently owe on the home and the current market conditions. Do not ask for too much money as it can hurt your ability to sell the home. Talk to your realtor about the asking price as they have their eyes on the market each day. A realtor will give you an idea of a valid asking price to help you obtain reasonable offers on the home.
Tip # 2: Market Appropriately
Failure to market your home can limit how many people see the home. There is more to marketing than placing a picture of your home on the Internet! Selling a home requires you to invest time into marketing the home. A realtor needs to about a month to focus on getting the right pictures and information to list on their website and other MLS sites.
Tip # 3: Hire a Realtor
You might think it is easy to sell a home, but it is harder than you believe! Schedule a free consultation with a realtor to look over the different aspects of selling your home. A professional has more connections in the real estate industry, and they can guide you through the selling process.
Tip # 4: Make Repairs
Selling a home requires a little investment. Sellers need to invest some money into the home to make it attractive. Fixing small things that are broken will make the home attractive. People love seeing the word “new” when they review a listing.
Tip # 5: Clean
What makes the home appealing to buyers? You need to clean the home! People want to walk through a clean home as it looks attractive and will give them a reason to consider making an offer. Clean the rain gutters, repair holes in the wall, and fix leaky faucets to make the home appear attractive.
Use these tips to help you create a home that is attractive and will fetch a fair asking price. Call a real estate agent to learn more about selling a home.