• Here Are the Home Selling Tips For Homeowners

    Selling your home can be a daunting task, as there are numerous factors that you should take into account when embarking on the home selling process. Here are few tips to follow to ensure that the home sale runs smoothly.

    1. Depersonalize Your Property To Sell Your House. If you have ever visited a show house, you will certainly know that the property is immaculate and, sometimes, sparsely, furnished because real estate agents encourage home sellers to depersonalize their real homes. As a matter of fact, this is a good strategy to employ if you are considering selling your home because it allows prospective home buyers to view your home as their potential property. But when a buyer sees your family pictures hanging on the wall, or any other personal items, it could destroy their illusions about living in the house themselves, and eliminate your chance to sell your property. Thus, it prevent deterring home buyers from purchasing your home, so put away family pictures, collectible items, sports trophies, souvenirs and knick-knacks. You can actually pack these items into boxes or rent a storage room to keep them until your property is sold.

    2. Repair Interiors and Exteriors to Sell Your Home. When viewing a property, prospective buyers will often switch on light switches, open cupboards or examine taps and fittings. It’s for this reason that it’s imperative to ensure that everything in your home is working orderly and is aesthetically pleasing. So all your sink fixtures, say for example, should look shiny and new. But if this could not be accomplished by cleaning, purchase new ones. Make sure all the hot and cold water knobs are easy to turn and that the taps don’t leak. But if they do, you should hire a plumber to help you with replacing the washers.

    Most real estate agencies would tell you that the appearance of the exterior of your property could drastically effect whether or not you sell your house. A home buyer’s first impression is typically based upon his or her view of the property from the curb or pavement. To enhance your home’s curb appeal, you can plant bushes and flowers. Naturally, a colorful garden would add a splash of vibrancy to your property and is sure to create a favorable first impression; thus keep your lawn evenly cut, and free of brown spots.

    3. Do Not DIY. In an attempt to avoid estate agent fees, lots of people opt to sell their real houses themselves. This actually poses lots of problems as few home sellers can afford the advertising costs needed to attract property buyers. This means that your property will spend a long time on the housing market until you substantially lowers your asking house price. Studies show that 3 out 4 houses that are not being sold through real estate agencies or property buyer companies are being sold for less than the asking property price, and the average time a property remains on the market before it is sold has increased from 8 to 10 weeks.

    4. Practice Caution With Real Estate Agencies. When selling your home through a real estate agent, pay careful attention to the various mandates available. A lot of real estate agents will encourage you to sign an exclusive mandate, which means that the real estate agent would get commission from the property, regardless of who actually sells it. In addition, your property could be on the housing market for a year without the estate agent making any headway in selling your house, and there’s nothing that you as home seller can do about this.

    5. To Sell Your Home Fast, Contact A Property Buying Specialist. Sell your home today to a reputable home buying company. They would certainly eliminate all uncertainty -a property buying company will buy your house – and it will be according to a timescale that suits you. A property buying company offers a free house value assessment and within 48 hours of this assessment, you would then receive a guaranteed cash offer for your real home. In addition, unlike some of the traditional way of selling houses, a property specialist company promises a house sale that is fee-free. They remove the frustration and stress from the house selling process and assures a house sale that is simple, clear and fast.

  • 5 Tips to Help With the Home Selling Process

    Selling your home is a big decision and requires a lot of work. Every bit of prep work you do helps you get the most return from your investment. Following are 5 tips to help with the home selling process:

    1. Investigate the local housing market

    Visit the large real estate sites, such as Realtor.com, to see how similar homes are priced in your neighborhood. Check your local newspaper for a listing of selling and asking prices of recently sold homes. Many newspapers will also list the length of time the homes were on the market. Use the prices for your neighborhood over the past several months as a reference point of what your home is worth. Sell my home fast in Dallas

    2. Select an agent

    Some home sellers opt to sell their home without an agent in an effort to save the 6% of the selling price that a broker typically collects. Don’t forget about the work involved in marketing the house and being available to show it at any time. If you decide to work with an agent, be sure to ask for referrals from friends. Make an appointment with the agent and interview him or her for the job. Ask the agent for thoughts on the selling price to ensure it is comparable to the homework you did. Be wary of agents who boast an inflated selling price. Go by what you know about the current housing market in the area and what you know about your house.

    3. Educate yourself on the Commission Structure

    Upon finding an agent to work with, you will need to sign a listing agreement. The listing agreement is a contract that outlines the specifics of your arrangement, such as how long you will let the agent represent your home and what the compensation will entail. Be sure to include relevant information, such as when you want the house off-limits for walk throughs.

    Some agents will request an exclusive listing which means the property will not be offered in the local MLS and the listing broker will not share their commission with other brokers in the event the house is sold within a specified time frame. In this situation, you should commit to no longer than 3 months to avoid being locked into a bad situation.

    Commissions can also be negotiated. For more expensive homes, agents may consider lower commissions of 4 or 5 percent (instead of the usual 6 percent). Or, in a buyer’s market, consider offering a higher commission if the agent sells the house within a certain percentage of your asking price.

    4. Prepare for an Open House

    Regardless of whether you are a For Sale by Owner or are working with an agent, you’ll need to ensure your home is up-to-par to show to prospective buyers. Remove clutter from every room by packing up what you won’t need in the short-term or by organizing a garage sale to thin things out. Move any unneeded furniture into storage. Paint the interior and/or exterior if it looks worn. Keep the lawn mowed and plant flowers (if it’s the right season). Fix known items, such as roof leaks.

    Next, settle on an asking price. To price your home, take a look at what comparable homes are selling for in your neighborhood. Your agent should provide you with sales information as well and help you determine a strategy for pricing your home higher or lower.

    5. Execute Good Timing

    Research the average length of time homes are on the market in your neighborhood. Price the house according to when you need it to sell.

    Your agent will provide guidance on how to respond to bids. Make sure your agent reviews the contingency clauses included with the bid. As a general rule of thumb, it’s not wise to sell your home with a contingency that the buyer must sell their home first.

    Restrict the buyer’s contingencies within a specified amount of time. For example, if the sale is contingent upon the home passing an inspection, then get the inspection scheduled within 7 to 10 days of an accepted bid. As far as the closing date is concerned, ensure the buyer commits to a reasonable date, such as 45 to 60 days from acceptance.