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Selling your home is a big financial and emotional task, which requires lots of planning. So before you decide to put your home on the market, here are four questions to consider.
What is my home worth?
Whenever I have conversations with someone thinking of selling, the first words they say are “Zillow says my home is worth ____” Zillow is not always accurate. I’ve seen homes on Zillow valued way too high and also way too low.
There are multiple factors that determine your home’s market value. These include the condition, square footage, location, amenities, as well as recent comparable property sales. Active, full time Real Estate Agents look at homes every day and if they also work with a lot of buyers, they have a good idea about what a home is worth because they see the inside of so many homes and know what buyers are looking for. They have actual knowledge of many homes which helps in establishing selling prices. Looking at pictures of homes on line is simply not the best way to determine value.
How can I sell at the highest price possible?
There are several simple, low-cost things you can do to boost the value of your home. These include eliminating clutter, cleaning inside and out, and installing higher wattage bulbs to create a brighter environment. You would be surprised how much "light" actually comes into play when people view homes. Also consider a new coat of paint in neutral colors inside. If your home has peeling paint, consider painting the outside also.
How long will my home be on the market?
Honestly…. it depends on how you price it.
It also depends on the market. If it is a sellers market with low inventory, your home could sell within hours or days. If it is a buyers market with high inventory it could be months.
How can an agent help?
A real estate agent can help with all aspects of the selling process, from pricing to marketing to handling the intricacies of closing. An agent will negotiate on your behalf to secure the best price – and quickest sale – possible.
If you are looking for a hard working and honest agent who can tell you what needs to be done to sell your home for the most money in the shortest time, please contact me.
Times are changing and you’re thinking about moving the family into a new home. But before you start searching for your next dream home, you’ll need to figure out when you’re going to sell your existing home. The decision is a complex one, especially considering the unpredictable economic environment you’re living in. And while there’s no magic formula for determining the best time to sell a home, there are several factors you should consider.
The wrong time to sell Homes are sold all year long. Placing your home on the market the day before Thanksgiving or Christmas might not be the best strategy, but when buyers are looking for a home, they buy, no matter the time of year. It actually depends on your time line for moving.
The best season for selling Most people think that spring is the best time to sell a home. In spring, the holidays have passed, the new school year is still a while away, and gardens and other outdoor spaces tend to look their best. Also the common perception is that spring is the season that sees the largest amount of buyers. There are buyers all year long so don’t get caught up in the spring frenzy because there is more competition when inventory is high.
The best day for selling My most favorite days for placing a home on the market is Monday – Wednesday. This gives time for your home to be syndicated to all websites that feed from the multiple listing service. It also gives time for buyers that work long hours to make arrangements for weekend viewings.
Contact me in the early stages of planning to sell and let’s meet and set a custom plan that works for your situation. Remember, the goal is to sell quickly for the most amount of money and having an action plan can achieve this.