It’s vital that you have some knowledge when you sell real estate. Fortunately, there are hundreds of useful resources available. But, it can take too long to look through it all. Here is a short article to help you learn some of basics when it comes time to real estate sales.
The mere effort that it takes to upkeep the painting, landscaping, and repairs in an old home can be very frustrating for any homeowner. However, neglecting the regular maintenance your house requires can come back to haunt you when you want to sell it.
For most people, price is everything. You must work towards a transaction that is fair for both sides, and that includes a price that accurately reflects the current market and your home’s specific value.
When you have decided to sell your home, try adding a few energy efficient items to help entice buyers. Additions such as LED bulbs, outdoor solar lights, energy monitors, and Energy Star certified appliances can all appeal to buyers who would otherwise have to purchase such items themselves.
If you plan on selling your home, get rid of as much clutter as possible, even if you intend to remain living there while it’s on the market. Prospective buyers must be able to come in and envision themselves living in the home, which is difficult if you have all of your furniture and personal belongings filling up each room. Besides, you’ll knock out some of your packing ahead of time, leaving less work for you later.
Have your furnace and air conditioner serviced before listing a home. In most cases, buyers aren’t looking for a property that will require them to make a lot of investments, so ensuring things are in tip-top shape will increase the property’s appeal with most buyers.
You should make certain that any information that a potential buyer might be interested in is readily available. Create a list of all the contractors who have worked on the house and all the work they’ve completed. Buyers are risking a lot of money on even a modest home, so they definitely want their questions answered. If you can answer them and put them at ease, you have a better chance of selling your property.
You might find yourself deep in negotiations, depending on the sale price of your home and the market in its area. If you want to make a quick sale, remain open-minded, and be willing to take any reasonable offer that you are given. If you are in no hurry for your home to be sold, then don’t be afraid to hold out for the best possible offer.
Don’t paint the inside of your home based on what your favorite colors are. Remember that you’re selling your home and its new owners might not like those colors. Always use a traditional color palette, such as off-white, taupe or eggshell. A new paint job is probably the most economical, effective way to attract potential buyers to your home.
If you would like to sell your house very fast, it is probably a great idea to price the house at least 10 percent cheaper than what the cheapest comparable house is in your area. Buyers will find the price attractive, and will want to see the house right away.
Organize and clean your home before showing it. Your home should be as clutter-free as possible when buyers look at it. Closets should contain the least amount of items possible, arranged in an organized manner, and should also be free from dust. Also clean out kitchen cabinets. You may want to consider a few gourmet, fancy packaged foods, which will add some sophistication.
Ideally, your home should be listed for sale during the winter and spring months. Buyers generally want to be in a new home by early or mid summer.
Potential Buyers
Paint your house in neutral colors; this will allow potential buyers to project their own ideas onto the home and more easily picture themselves living in it. Using pleasant aromas in the atmosphere, as well as offering some homemade treats can really make potential buyers feel more at ease. An inviting atmosphere can help the potential buyer realize your home would be a good place to live.
We hope you found these real estate tips to be very helpful. All you need to do is take the information learned and apply it to fit your own situation. While there’s much to consider when you’re selling real estate, time spent learning about it can pay off big time!
By John Kurczak ,Michigan Real Estate for sale, Realtor, agent