The journey of selling your home can feel overwhelming and emotional at times. Between negotiations and strangers coming in and out of your home, the whole experience can throw off even the most balanced of folks.
This is why it’s crucial to identify potential mistakes to avoid a crisis before one strikes. A great place to start is by hiring a real estate agent.
A real estate agent with experience and a great reputation can help you navigate the housing market much like a tour guide on a vacation destination. Yes, the commission rate is around 6 percent, however their knowledge and experience is worth the cost.
They can negotiate on your behalf within your best interest and can help you build a marketing strategy to sell your property faster. This may include highlighting the home location, email campaigns, social media ads and more.
Your real estate agent can also help you get a better understanding of your current local market to price your home at a competitive level.
For example, if home prices in the area are moving upward, consider pricing your home slightly below estimated value. This draws positive attention to your home in comparison to similar properties up for sale in the area.
Making needed repairs to your property can make a great first impression on buyers, increase appeal and potentially get the home sold weeks faster.
Potential buyers often don’t want to spend tons of money on repairs after purchasing a property. Too many repairs needing to be made slows down the process as inspections become more intricate and potentially duplicated which can lose you access to quality buyers.
With the right preparation and working with a knowledgeable real estate agent, you can avoid a home selling crisis and victoriously get your property sold.