Selling a house can be a cumbersome task. The housing market can be intimidating and the realtors are constantly sending you emails, snail-mail, and gimmicks to get you to sell your house with them. Here are the biggest things to remember if you are a first-time seller.
Don’t Get Emotionally Involved
Selling your house is a financial choice. Whenever possible, attempt to look at it from a business perspective. It’s extremely easy while selling your property, especially your first one, to get emotionally invested. You saved up for a down payment, you fixed it up the way you wanted, not to mention all those memories you made. This makes it really difficult to say goodbye to a property. BUT it is not impossible! The moment you decide to sell your home, begin thinking of it as selling a property or an asset. Begin thinking of yourself as a business person or a salesperson. In this mindset, you are more likely to make economically clear choices.
Don’t set an unrealistic price for your property. This slows down the sale and will decrease the number of interested buyers. We all tend to overvalue what we own and undervalue what others have. The housing market is a true example of this. It’s important to research the market value of your home before setting a price. Get second or third opinions! Be honest with yourself about the amount of work and renovation that needs to be done in the house. Once you have taken all of that into consideration then set a price for your property.
Never expect the asking price. Hardly anyone actually gets the asking price for their houses. Most buyers will want to negotiate the price with you. They may ask you to cover closing costs or taxes instead of bringing the price of the property down. Make sure to think this through before agreeing. You are essentially taking that money out of your profits.
You would be surprised how many people don’t take good photographs of their properties. You will be doing yourself a major disservice if you don’t take good photographs of your home. Pictures will do more to sell your home than a realtor ever can.
Get An Agent!…..Or not.
Getting a real estate agent will cost you money. The hope is that they will bring in more money than they cost. Find yourself a realtor who genuinely cares about your house and wants the best for you. Keep in mind that the most caring may not be the most known or most experienced. Meet with a couple of agents and go in with an open mind. Find the best realtor for you.
You may choose to forgo an agent entirely. Sell it yourself or speed things up with a local house buyer. Selling it yourself is not overly recommended. If you have little to no experience selling property and can’t afford a realtor, look into using a local house buyer to flip the house fast.
Local house buyers or investors speed things up considerably. Businesses like Kentucky Sell Now are here for first-time house sellers. They will answer all of your questions, cover all the fees, and won’t ask you to invest any more time or money into a property that you are looking to sell. This will also allow you to get cash for your house, which as a business person is the best option out there. If you are interested in learning more about using a local house buyer contact Kentucky Sell Now!