Monday, November 7, 2016

Learning To Sell Your Home: A Short Guide

Selling your home takes a lot of skills you may not have used before. It is not as easy as it looks, and if you are serious about selling your house, then you need to really think about what steps you will take to make a sold house your reality. Here are some steps you can take to make sure that things go well.

First, you have to know what a fair price for your home is. If you don't know, there are two things you can do. First, you can get your home appraised. An independent appraiser will be able to give you a solid opinion of your home's value. Not only that, but you will be able to see a list of comparable sales in your neighborhood which assisted your appraiser in coming up with your value. Another thing you can do to find out a fair price for your house is to check out recent sales in your neighborhood. However, you have to keep in mind that other houses may have sold for more or less than your house will, based on factors like location, age and features in the house.

Once you have a fair price for your home and put it on the market, you need to set about marketing your house. This might not be something you're comfortable with, especially if you are not used to marketing. That's why a lot of people are interested in getting realtors to help them with this step. After all, their job is to get your house sold.

Whether or not you use a realtor, you need to know basic marketing techniques to make sure that your house is being publicized. It has to show up in major databases online, and you have to make sure that you put the listing into local newspapers. To take the extra step, you need to have an Open House event where people can just come over and take a look through your home to see if it is a house that they might like.

Fix your house up. Start thinking of your house the way a buyer might. Are there weeds growing out in your lawn? Are there major broken appliances in your home? If you don't plan to fix some of the cosmetic problems, your buyers may want you to pay for those repairs. Make sure you know what the problems are, so that negotiate about them fairly and to the point.

You have to be patient. You should be able to tell from the appraiser report, or by talking to the realtor, that typical exposure time for a house is a few months. Don't be discouraged if your house doesn't sell right away. You might be just around the corner from a sale.

These considerations will help you to sell your house, if you take them to heart. Selling your house gives you a lot of options, but you must think carefully about which steps you plan to take. Use the information in this article to help you.

Learning To Sell Your Home: A Short Guide was first posted here.

4 Reasons Why Your Home Isn’t Selling as Quickly as You’d Like

You’ve put your house on the market, and months have gone by without a single serious inquiry. What do you do in this scenario? There are a number of factors that could be contributing to your home’s extended stay on the market. Here’s a list of reasons to consider:

Your asking price may be too high. 

Just because your home is remodeled and features fun and unique attributes, it doesn’t mean it will sell for any price.  The housing market will always determine how high or low your home is valued at—no matter what you feel its value is.  That being said, take the time to examine what other homes for sale in the neighborhood are valued at.  Even dropping your asking price by 5-10% could make a huge difference in perking potential buyers’ interest. Not only is a price drop enticing, it brings in a whole new demographic of buyers from a different budget bracket. And if you’re worried that lowering your asking price will lose you money, think again. Lowering your asking price even slightly, can open doors to more buyers that could potentially result a bidding war; giving you your original asking price anyway (in the best case scenario).

Your curb appeal isn’t appealing at all. 

It’s a known fact that people are less likely to be interested in stepping into a home for sale if its curb appeal is seriously lacking.  If the grass in your front yard is patchy and dead, the front fence is broken, and the home’s exterior paint is in dire need of a fresh coat; buyers notice and and are immediately put off.  Make sure you’re giving potential buyers a great first impression of your home by planting some flowers, touching up the paint job, and tending to anything else that needs fixing. For more tips on curb appeal read more on the do’s and don’t of curb appeal.

You’re too present in your home.

While your home may boast a bold, unique style; potential buyers may not dig it as much as you do.  Don’t be offended that your taste may not be “universally appreciated” – it’s not about that, it’s about selling your home.  When potential buyers look through your home, they should be envisioning their possible life there– not wondering what the current owners are like.  Consider hiring a home stagger to help make the space more appealing to buyers.

Another tip: Be sure to be out of your house during showings and open houses.  Buyers will not be honest about how they feel about the home in fear of offending the seller. Having your presence there can be off-putting to buyers, and can slow the selling process down significantly.

You don’t have a strong online presence.

These days, a reported 7 out of 10 people do research online before making a major purchase– and a new house definitely counts as such.  Knowing that, taking the time to take good pictures on your home for online listings is imperative in garnering interest in your home. Consider hiring a professional home listing photographer to take pictures of your property– or even do it yourself if you have a knack for it.  If you can spare the cash, posting a video of your home’s exterior and interior can be even more effective in sparking potential buyers’ interest.

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