Hiring An Inexperienced Real Estate Agent Could Be A Big Mistake
Wednesday, December 28, 2011
Selling real estate can be a daunting task, especially in the current market environment. Many people think they will have to take huge cuts on the value to be able to sell. But, that is not necessarily true. Read the tips in this article to improve your chances of success!
If you need full service from a real estate agent in selling your house, you will need to give him the "exclusive right to sell" your house. That means he will advertise and market your house and list it in the Multiple Listing Service. When your house sells, he will earn a commission.
When selling your home, always hire a Realtor who will take quality pictures of your property. A virtual tour is essential in today's market as well. Remember that your property will be marketed on the internet and so, top notch visual presentation is key to attracting potential buyers.
Boost your real estate sale with added bonuses. You may have seen advertisements where people are offering free appliances if you purchase a home. This will definitely entice your potential customers into purchasing. Simply look at what is in high demand and within your budget and add it to the closing deal. This will greatly influence your success rate.
Most buyers can appreciate a spacious, tidy backyard, especially in suburban areas where lawns are typically smaller. In order to make your backyard appear larger and more attractive, remove all lawn furniture, kids' play structures, or sports equipment. If you have a pool or spa, be sure that it is well-maintained. Finally, clean up after your pets by removing toys, doghouses, and waste.
Since you will have to move anyway, it is a good idea to pack your things and have them moved out a little bit ahead of time so your house will not be so cluttered. Having a cluttered space makes it more difficult for a buyer to assess if this is the amount of space they need.
When you are selling your home, be cognizant of any deadlines the buyer may have. Some buyers have extenuating circumstances that mean they have to close by a certain date. If you are able to figure out this information, you will have an advantage during the price negotiations.
If you are selling your home because of a divorce, stage your home in such a way that it looks like your spouse is still living there. Otherwise, the potential buyer may think that you are in a hurry to sell and will try to bargain for the lowest price possible.
When it comes to making your property more attractive and appealing, address all improvements and repairs BEFORE you list your house for sale. With the exception of investors, most prospective home buyers are generally less interested in homes that require a great deal of cosmetic enhancements or basic repairs.
Adding a shop to your home or property will really drive up it's value. Whether you section off a portion of the garage and add workbenches, outlets and shelving, or build a second outbuilding that is designed especially for housing tools and equipment, you will appeal to a wider selection of buyers who like to do work on their own machines, or their own home repairs and need a space to do the work.
You should keep in mind that you may not actually need a realtor and try to sell your home on your own. This is a good idea because it will save you from paying a commission to the realtor. It has also been shown that owners that sell their own homes get closer to their asking price.
Have a time line for when you want to move. If you have a buyer who needs to move in right away, and is willing to pay a littler higher price to do so, it might be in your best interest to rent a small apartment for a couple of months.
As mentioned in the beginning of this article, selling real estate takes a number of different things into consideration. If you are able to apply the tips and advice outlined in this article, you will most likely be on your way to a successful selling experience. Good luck with your quest!
If you need full service from a real estate agent in selling your house, you will need to give him the "exclusive right to sell" your house. That means he will advertise and market your house and list it in the Multiple Listing Service. When your house sells, he will earn a commission.
When selling your home, always hire a Realtor who will take quality pictures of your property. A virtual tour is essential in today's market as well. Remember that your property will be marketed on the internet and so, top notch visual presentation is key to attracting potential buyers.
Boost your real estate sale with added bonuses. You may have seen advertisements where people are offering free appliances if you purchase a home. This will definitely entice your potential customers into purchasing. Simply look at what is in high demand and within your budget and add it to the closing deal. This will greatly influence your success rate.
Most buyers can appreciate a spacious, tidy backyard, especially in suburban areas where lawns are typically smaller. In order to make your backyard appear larger and more attractive, remove all lawn furniture, kids' play structures, or sports equipment. If you have a pool or spa, be sure that it is well-maintained. Finally, clean up after your pets by removing toys, doghouses, and waste.
Since you will have to move anyway, it is a good idea to pack your things and have them moved out a little bit ahead of time so your house will not be so cluttered. Having a cluttered space makes it more difficult for a buyer to assess if this is the amount of space they need.
When you are selling your home, be cognizant of any deadlines the buyer may have. Some buyers have extenuating circumstances that mean they have to close by a certain date. If you are able to figure out this information, you will have an advantage during the price negotiations.
If you are selling your home because of a divorce, stage your home in such a way that it looks like your spouse is still living there. Otherwise, the potential buyer may think that you are in a hurry to sell and will try to bargain for the lowest price possible.
When it comes to making your property more attractive and appealing, address all improvements and repairs BEFORE you list your house for sale. With the exception of investors, most prospective home buyers are generally less interested in homes that require a great deal of cosmetic enhancements or basic repairs.
Adding a shop to your home or property will really drive up it's value. Whether you section off a portion of the garage and add workbenches, outlets and shelving, or build a second outbuilding that is designed especially for housing tools and equipment, you will appeal to a wider selection of buyers who like to do work on their own machines, or their own home repairs and need a space to do the work.
You should keep in mind that you may not actually need a realtor and try to sell your home on your own. This is a good idea because it will save you from paying a commission to the realtor. It has also been shown that owners that sell their own homes get closer to their asking price.
Have a time line for when you want to move. If you have a buyer who needs to move in right away, and is willing to pay a littler higher price to do so, it might be in your best interest to rent a small apartment for a couple of months.
As mentioned in the beginning of this article, selling real estate takes a number of different things into consideration. If you are able to apply the tips and advice outlined in this article, you will most likely be on your way to a successful selling experience. Good luck with your quest!
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