Selling a home is nothing like buying one. First-time sellers need to consider some important points before getting started. Here are 3 tips for first-time home sellers.
Prepare Your Home for Market
One of the biggest mistakes made by first time home sellers is that they do not know how to or understand how important it is to prepare a home for the open real estate market. Before selling a home for the first time, it’s important you realize how important it is to make sure your home is show-ready as soon as it’s listed for sale.
Another excellent way for a first time home seller to prepare their home for the market is by making low-cost home improvements before listing the home for sale. Just a few of the most popular low-cost home improvements to consider making before selling your home for the first time include;
- Freshly painting rooms
- Professionally cleaning floors and/or carpeting
- Replacing outdated light fixtures
- Replacing outdated hardware on cabinetry
Enlist the Help of a Good Real-estate Agent
Many people choose real-estate agents based on referrals from family and friends, but look beyond that to make sure you’re working with someone who does a lot of business in your particular neighborhood. While sales information for individual agents often isn’t publicly available, you could check with your local Realtor association group for the data, call the local multiple-listing service or ask a brokerage about their top sellers.
Online reviews of real-estate agents can also be helpful, Esala added. At the very least, get statistics from the agent, asking him or her how many homes they’ve sold recently, where the homes have been located and what the average sales prices have been, Esala said. Source: Marketwatch
Market the Home Appropriately
In addition to getting on the multiple-listing service, or MLS, as well as home listing sites online, your real-estate agent might recommend other methods of advertising, including open houses and direct mail postcards. Ask the agent how he or she plans on marketing the property before hiring the agent.
Quality photography of the home is also important. Those who use professional real-estate photos sell listed homes 32% faster than all other listings, according to VHT Studios, a real-estate photography network for homes and businesses. Take it for what it’s worth, a statistic from a company in the photography industry. But also think about the homes that you spend the most time looking at online; chances are they’re the ones with a variety of clear, quality pictures. Source: Realtor