Selling home is totally an opposite procedure of buying a home. No matter for how long you have been living in that house there are some important points which every home seller must consider.
If you are not offering the home under “sale by owner” you will be required to sign an agreement with a real estate agent and will also have to pay the commission. Your agreement will bind you with the agent for the period of 3 to 6 months hence, choosing the right one is very important at a time like this.
Be ready to sell
You only have one chance to make first impression in the age of internet. Information flows at a light speed in this age of technology and if you marked you house for an unrealistic price, the number of days on market will add up which will later come back to bite you.
Some sellers are not ready to accept the agent’s price suggestion because they are emotionally not ready to separate from the home and by pricing it unrealistically they sabotage the sale of the house.
Days on Market
A typical buyer looking at the listing will look for the price and the size. Then he will scroll through the history to see how old the listing is. If the listing is more than three months old then he may think that there is something wrong with the property.
Agent is your interface with the brokerage
The agent you chose matters the most, even more than the brokerage. For example, if you list you home with James at ABC brokerage then James is your only interface with the company. Agents are independent contractors and if your agent is someone who is successful and someone you know and trust he will perform the best no matter what.
Be ready to move after the offer
Once you have accepted an offer and signed the contract, the clock starts ticking in opposite direction. So, if you are about to sell then pre plan where you will be moving to once the contract is signed.
The best advice for the first time sellers is not to sell the home until they are ready. So, go have a plan, talk to the agent and figure out where you will be moving. Selling the home is also very stressful and emotional so make sure that you are ready before the process starts.
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