A Guide to Property Listing
Deciding when to purchase or sell a home is one of the most important financial decisions you can make. For most American citizens, home equity remains one of the largest assets when it comes to wealth acquisition. Most homeowners think of a stress-free sale where they just list a house and find a buyer within no time. While this sometimes is the case, selling a house involves things that are beyond your control.
What You Should Know About Property Listing
The Hiring of a Real Estate Agent
Selling a home may not be as simple as it sounds. Although you can succeed in selling it on your own, involving a real estate agent who understands the market can make a huge difference. Agents understand a lot about real estate and how markets work. It is important to hire one of them to help you list your property for sale. They know when and how to list your property on different platforms. Some people tend to avoid hiring real estate agents because of the commission they charge but the truth is that what they offer is much worth paying that commission.
Set a Timeline for Selling Your Home
Selling a home is a huge undertaking that may take up to four months or even more. There are various factors that can determine the duration it will take to sell your home. Start searching for a reliable real estate agent as soon as you decide to sell your home. Two or three months before listing, try conducting a pre-sale inspection to identify any issues that might affect the sale process. Some of the things you should do before listing your home include decluttering, deep cleaning, scheduling repairs and taking professional photos.
Get a Pre-sale Home Inspection
While a pre-sale home inspection is not mandatory, it can be a wise decision to make your sale sure. A detailed inspection report is able to pick out any mechanical or structural issues prior to listing your house for sale. The process might cost you a few hundred dollars but will warn you in advance of the problems that buyers are likely to raise during the inspection process.
Don’t Waste Money on Unnecessary Upgrades
In case you are planning to conduct costly upgrades, ensure that the upgrades are going to translate into high return on investment. It doesn’t make sense to make major and expensive improvements that won’t have a huge impact on the price of the house.
Take Professional Photos
Work hand in hand with your real estate agent and professional photographer to take marketing photos of your house. High-quality photos are vital in order to maximize the online appeal of your home. Some Realtors often create professional photography and virtual online tours into their suite packages.
Set a Realistic Price
You would want to know the price of houses in your neighborhood before setting your prices. Quoting too low or too high prices on your property may make it unattractive to buyers.
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