In normal economic times, consumers can purchase a house and rest assured knowing that the price of that house is going rise over time. That, however, was not the case for the last few years and that put many homeowners’ dreams of upward mobility on hold. It also left first time home buyers sitting on the sideline, too nervous to take a financial risk by buying a home.
Fortunately, the American housing market is starting to show signs of a turnaround and that means that now is a great time to be selling a home.
If you’re considering putting your house on the market and moving on up, here are a few tips for making certain you get the highest sale price you possibly can.
Make Some Changes
Today’s housing market is starting to heat up, but that doesn’t mean you can get away with pedaling garbage. Before putting your house on the market, you’ll want to take a look at it with a buyer’s eye. That means paying close attention to details that you might normally overlook, like a room that needs a new coat of paint.
Any good realtor is going to be honest and tell you exactly what you need to do in order to sell your home. We strongly encourage you to take your realtor’s advice and not to take it as personal criticism. Remember, you and your realtor share a common goal – to sell your house.
There are plenty of other houses for sale in most real estate markets, so nobody has to buy your house. You should also keep in mind the fact that any potential buyer is going to use small flaws, like shabby landscaping, to drive down the final sale price.
You can do an end run around this by investing in a few minor fix-it projects. The return on investment on a can of paint, or a few strips of new sod can be pretty substantial.
Get a Realtor You Trust
As we’ve already mentioned, you and your realtor are partners in the sale of your home. That’s why it’s absolutely essential that you hire a realtor you actually trust to broker the deal. There’s nothing wrong with interviewing more than one realtor before deciding on the one you’re actually going to work with long-term.
If you’re having trouble finding the right realtor, reach out to friend and family to get their recommendations. Most people are happy to share the name of a good realtor, or steer your clear of the lousy ones.
While there’s always the temptation to use family members as your realtor, it’s not something we recommend. You’re better off doing business with someone else’s relatives, instead of your own.
Be Ready to Deal
No matter how well your house shows, chances are you’ll have to do a bit of negotiating with would-be buyers. This is all part of the process, so don’t let it get you down. Show some patience with your realtor and buyers, and you’ll find that the whole process is much less stressful and more profitable than you might have imagined. For additional insights and resources related to real estate, you can visit weborizon.