Sunday, February 9, 2014

Do’s and Don’ts of Home Selling

Home selling is a complex process regardless of the market condition. However, it does not have to be. You can sell you’re your home efficiently if you know these do’s and don’ts.

Don’t overprice. Your house is worth what the market is willing to pay you. The sum that you paid for your house does not necessarily means it is still worth that amount.

Do a market research. Get a feel of how much your house could sell for. You can run a comparable study by searching online for houses sold near your area. Check for home similarities and prices. Your asking price should not go over the sold houses with similar features as yours otherwise; your house could sit for months.

Don’t show your house with broken things. Buyers will always notice the things in your house that are broken or need repair. Chipped paint, leaking water system, and broken windows are some of the things that you need to fix before you let the prospects in.

Do a clean-up. You don’t have to stage your house lavishly. A simple cleaning will do. Remove personal items such as family pictures and memorabilia. Apply a new paint which is neutral in color. Make your house as ‘anonymous’ as possible so buyers can picture themselves in your house.

Don’t sell your house by yourself…unless you know what you’re doing. Unless you've sold a house several times within a couple of years, do not go for FSBO. Real estate rules and disclosures change over time, if you are on your own you are accepting that you deal with the complexities by yourself.

Do hire a Realtor.  Realtors perform real estate transactions all year round. They know the ways around buying and selling houses. They are on top of their game and they will be able to help you sell your house.

If you do not want to work with a realtor, do sell your house to private investors. Private investors like Lucas Properties buy houses in any condition any time. Receive cash for your house and move on.

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