Preparing to Sell your Home (Jan 2023)

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Real Estate

Selling a house is a complicated process, no matter how good the real estate market is. Whether you’re a first-time home seller or not, you’ll probably have a bunch of questions. Do I need a real estate agent? What’s “closing”? How much paperwork am I going to have to fill out? How can I get the best price for my house? How can I sell my house and buy a new one at the same time?

Knowing the value of your house and exercising patience and restraint are key. Get your home appraised; it’s worth the $250 to $500 price tag. In a good market, the sale price can be 10 percent to 15 percent above the appraisal. In a weaker market, the sale price may be around the appraisal figure. We’ll go over how to figure out your sale price in detail later in the article.
 
-- We can prepare you a Comparable Market Report. Giving you a better idea of the value of your home.
 
A home inspection is also important in avoiding complications during your sale. The seller will get an inspection, but discovering problems during a pre-sale home inspection allows you to have more control over how to handle them. If your home inspection does uncover problems with your home, it’s essential that you familiarize yourself with your state’s disclosure laws to avoid future litigation. These laws vary from state to state, but they generally require you to disclose, either verbally or in writing, the presence of any hazardous materials in your home or significant flaws in construction. If you’re unsure of what you have to disclose, consult a real estate agent, attorney or your local housing authority.
 
--I can recommend some amazing home inspectors, typically the same ones I use for my buyers. Having this up front addresses issues for insurance or to prepare you for things buyers may request.
 
SO - What are some important questions to be asking right now....
 
1) Is my neighborhood selling?
 
2) What are homes going for in my area?
 
3) What should be the first thing I need when I am ready to sell?
 
As a Realtor for years and years...I can tell you that I would want to know exactly what my area is doing. I would want to see a Market report for my neighborhood, similar homes and market trends. As a local home owner, I am always watching my neighborhood trends, County financing options for buyers, Upcoming County building and more. BUT I am a realtor and know that these are important. You may as well, however let me do this work for you. Let me really show you what is "happening" in your neck of the woods.
 
CONTACT ME: Text or call (352) 989-3336, Email me at vsmith@areaproflrealty.com
Get your Buyers Guide Today....OH and I will send you the neighborhood report, trends and more... Enter your property information, so I can be sure to give you a personalized report.....CLICK HERE
 
There are many reasons why hiring an agent can be helpful:
  • Education and experience - A good realtor understands the complex procedure and paperwork involved in selling a home. He or she has hopefully also gone through a licensing program.
  • Saves time and energy - You won’t have to spend time scheduling and conducting tours of your home, which cut into your work and weekends.
  • Gauging offers - An agent can help discern serious buyers from those who are simply looking.
  • The market - A good realtor knows the market and understand trends, which can help your bottom line.
  • Negotiation - An agent has the negotiating skills to help you get a good price.
  • Professional contacts - Your agent’s contacts with other realtors and with contractors, inspectors, landscapers and the like can help you find a solution for any problem you may encounter.
  • Sale price - In some cases, buyers will offer less money to someone who’s not using an agent, believing the seller is trying to save money by not paying commission.
  • "Caravans" - Agents sometimes conduct open houses just for buyer agents where buyer agents arrive in groups ("caravans") and check out the house. This is usually a quick process, is more convenient than a traditional open house and allows buyer agents in the area to tell their clients about your home.