Real Estate Tips for a First-Time Home Seller

Selling a house can be very different from buying a house. Buying a house generally involves feelings and emotions, but selling a house typically centres around which listing maximizes profit potential. Here are a few tips for first-time house sellers.

Tips

Price Your House Accurately

You don’t want to give the wrong impression by pricing the house too high and then reducing it, nor do you want to price it too low that it seems desperate. A reputed listing agent is a person who can help you here. Try to select an experienced real estate agent who sells a decent number of listings, preferably in the neighborhood your house is. The agent first analyzes comparable sales and then prepares an estimated value for the house (often called a CMA) for comparative market analysis. Note the variances the agent may point out because the listing agent should have the experience and education to provide you with an accurate opinion of value.

Home Staging Boosts Selling Power and Appeal

Ask the agent to advise you on preparing the house for sale. Most houses show better with almost half of the furniture removed. If the buyer walks in the door and thinks whether somebody lives in the house, it means that the job has been done perfectly. Consider home staging for boosting the selling power and appeal of the house. Painting is arguably the most effective improvement you can possibly make to your house. Do not let aberrations in the woodwork or scrapes on the walls make the house look like it has not been well maintained.

The Best Day to List The House

Choosing the best day to list your house can be a tough choice. This time period can vary depending on the weather, local community, the time of year, and a plethora of other factors, including the state of the current real estate market. You essentially only get one chance to present your house in its best light on its first day on the market.

Ask About The Standard Real Estate Commission Of The Agent

If the standard real estate commission of the agent seems reasonable, consider the benefits and big picture for you to hire that individual. Check their track records for performance and do not expect a full-service agent to discount. Getting into a contract is just the beginning since you need to make it all the way to the closing.

Be Flexible With Home Showings

If home showings are a bit much on your life, consider moving away for the first weekend your house is on the market. It can feel a little intrusive to allow strangers to trek through the house and check out the soft-closing drawers in the kitchen. The best way to sell a house is to let buyers inside with their agent to tour in peace. Leave the house when the buyer’s agent shows up.