The idea of selling your home can be both exciting and overwhelming all at the same time. Every move is a new beginning and an end. It's a journey...a time consuming one. There is a lot to take into consideration once the decision has been made. By putting some thought into these questions and being honest with yourself can make the experience much more positive for your upcoming move.
Choosing to move is usually an emotional decision so be truthful with why you're making this important choice. Have you outgrown your house? Is the maintenance becoming too much? Is parking in your neighborhood an issue? All valid reasons. Change happens - for good and bad - and it's not always as simple as one reason. Perhaps it's a combination of intertwined and complex reasons...and that's okay.
You will be asked to disclose what you know about the condition of the house. No one expects you to be an expert, but there are disclosures that you'll want to be prepared to fill out correctly. The Buyer will also have their own home inspection done. If you know there are extensive repairs needed you may want to reflect it in the price of the home rather than correct them. Either way you should have a plan ahead of time so you are prepared.
This is a good place to start when thinking about what your home could sell for in your market. Look for things like similar square footage and upgrades to get a general idea of a sale price. Also, consider what the market is in your city. Is it a Seller's market or a Buyer's market? How long is it taking to sell a home like yours? Just be careful not to base your decision on an online automated value. For more information on these estimates...click here.
Some consumers are savvy enough to sell their home on their own and do it successfully. However, selling your home yourself can cost you thousands more than what you'd save in commissions if you don't do it correctly. The market changes quickly and having a real estate agent who is well experienced in negotiating for you can help drive competition and take full advantage of your equity position. If you don't have a real estate background you may be missing out on some very important parts of the selling equation and that could cost you.
Think about when you bought the home - what do you wish the previous owner had let you know? Did they show you how to operate any special systems? Did they leave all the extra keys and garage door openers? Think about what you would like to have available if you were buying the home and start gathering them together now. These extra little steps could mean everything to the new homeowner calling your house home.
Suebrett Tonic with The Tonic Group at Urban Nest Realty Was Recently Featured On The Las Vegas Real Estate Show - Agent Spotlight! If you're wondering why your Realtor should accompany you when you visit a new home community then this episode is for you!