When it comes to selling a home, you have your work cut out for you. The real estate market is tough. As a first time home seller, you’re diving in headfirst. If you want to receive a fair offer for your house, and reduce the time spent marketing the property, you need to consider the following tips.
One of the most significant mistakes first-time home sellers make is in not preparing their home for the real estate market. Whether you’re selling traditionally or via a real estate investor, preparation is key. For example, take some time to perform minor repairs and cleaning around the home. Many investors do not require repairs, but by doing a few, you can increase the amount you receive on your offer.
The local real estate market varies from one neighborhood to the next. As a first-time home seller, you must understand the current real estate market. There are three “states” of the market: a seller’s market, a buyer’s market, and a balanced market.
It might be better to wait to sell your house until it’s a seller’s market or balanced market.
Whether you’re selling your home so you can upgrade or because you inherited the property and don’t want the responsibility, have a reason and a goal in place. If you have a goal, such as moving into a better neighborhood, then you’re more likely to work towards that dream
When it comes to showings and scheduling meetings with a real estate investor, try to be flexible. If your schedule allows for it, consider working with your realtor or investor’s schedule. They will be grateful for the help and you’ll have developed a working relationship with long-term benefits.
If you plan on selling your house via the traditional route, then consider professional photography. The photographs will help paint a better picture for buyers, who may be more enticed to move forward if they can see the potential of the home.