Posted in Real Estate Selling Tips

Tips For First Time Home Sellers

Credits to: Mark Moz

Selling a home is not an easy process especially if you haven’t done it before. There are a lot of things that you have to consider before you move forward with your sale. There are several things that you must deal with if you want your home to sell quickly and at a good price.

Prepare your home for the market

Preparing your home before selling it is one of the important things that you need to consider. You have to make sure that your home is ready and well cleaned as soon as it’s listed for sale. You can also do a home inspection in order to correct some problems. This way it will greatly decrease that a deal may fall apart.

Another way of preparing your home is to improve your home curb’s appeal. Just a few tips on how to improve you home curb’s appeal before selling your home include;

  • Painting your front door
  • Create an instant garden
  • Replacing the old hardware
  • Replacing your mailbox
  • Paint the garage door

There are also dozens of small and inexpensive ways that you can find on the internet to improve your homes curb appeal.

 You need a professional real estate agent

Trying to sell your home on your own is not that really easy especially if it is your first time. That is why in general; hiring a professional real estate agent is highly recommended. Although you need to pay for a real estate agent commission however in the long run its worth paying for. Hiring a professional real estate agent will help you to set a competitive selling price for your home, Agents can also perform many task all throughout the Real Estate transaction process. They know your interests and needs, and wants. Real estate agents can help you to communicate with other people connected in the negotiation. Lastly, professional real estate agents are familiar with the all the paper work so don’t have to worry that much and you can ensure that the process goes smoothly.

Fair market value

As a seller, this is one of the most important factors that you should give consideration “PRICING”.  Pricing is one of the hardest decisions of every sellers make. Not only pricing is difficult, it’s risky. You must consult your professional real estate agent to assist you in pricing your home. A professional real estate agent can perform an accurate study by doing a comparative market analysis or the CMA. This way it will help you to determine the on how you will price your home.

Know your closing expenses are when selling a home

As a first time home seller you should be ready for the expenses that are associated with the home selling process. As a seller there are a lot of fees that you need to pay for. Generally, the estimated price is about 8.5% of the purchase price aside from the expenses that you need to spend to get your home in a good shape.

Create an effective marketing plan

Having a marketing plan is a sure way to attract potential home. Professional photography is one of the best marketing strategies in order to have an impressive image for your home. These images can be used on your listings online, blogs, fliers, brochures, posters and other social media sites.