Questions to Ask Before Selling a Home

Introduction:

Selling your house requires considerations of various factors and requires a lot of planning as it is a major emotional and financial task. The following are the four basic questions which must be considered before you plan to put your home on the open market 👊

What is the Net Value of My Home?

There are several factors involved in determining the net value of your home on the market. Typically, these include your home’s location, square footage, amenities, property condition, and recent comparable property sales. You can find out the current net value of your home by contacting me for a free Comparative Market Analysis (CMA). By using a competent Realtor (like myself) along with a free CMA, I’ll prepare what is called a “Seller’s Net Sheet”. This financial form will give you an idea of how much equity is in your home and how much your profit would be at the closing of your home.

How Can I Get the Highest Possible Price When I Sell My Home?

You can increase the value of your home by doing various low-cost simple things such as cleaning and washing the walls and windows of your home, removing clutter and installing high-voltage light bulbs to create a brighter environment. In terms of larger projects, you can renovate your home’s bathrooms and kitchens, which usually increases the sale price significantly. In addition, arranging your home in a way that creates a reflection in the buyer’s mind of how they will use their new space can also prove useful.

How Long Will My Home Be on the Market?

The length of time your home stays on the market depends on several factors, including the location of your home, aggressive marketing of your home, and the competitiveness of your home’s price. According to statistics, if your home is properly priced, an offer must come in within the first 30 days. The research analysis means the fact that well-priced homes can sell 32 percent faster as compared to homes that are overpriced.

How An Agent Can Help Me?

You should hire a real estate agent to assist you with all aspects of the selling process. The agent can help you with pricing, marketing, and managing closing complications. An agent can be helpful in obtaining the best possible price for you by ensuring the quickest possible sale and will negotiate on your behalf.

Do you want the services of an agent who can guide and assist you throughout the selling process?

Please feel free to contact me at any time!