Deciding to sell your home is a big decision to make. Selling a home is rarely an easy process, either. Because of this, home sellers should understand a few things before they officially put their house up for sale.
Here are three important things all home sellers need to know:
- Don’t make the mistake of assuming your home’s value has automatically appreciated over the years. Your home improvements may – or may not – have added to its value.
The local market dictates how much your house is worth. If you’re selling during a buyer’s market, it may be slow to sell and you may not get the price you want. During a seller’s market, you may get bids from multiple buyers.
- Pricing appropriately is critical. Pricing too low will lose money while pricing too high can chase potential buyers away. If your house sits on the market too long, it can decrease in value. A professional real estate agent can help you determine a price value for your home.
- You must prepare your home for sale. This means you may need to invest in repairs and renovations while also staging the house for showings. The house must be in the best condition possible or else you risk leaving a poor first impression with interested buyers.
These are three of the most important things home sellers need to know before they list their houses. If you’ve decided to sell your home, contact us at Randy Lindsay for professional real estate advice.