Selling your home is not on anyone’s top 10 list of fun things to do.
It’s time to sell, so here is a simple game plan of what you can expect during the process. First time sellers,
listen up, because now it’s your time to find the buyer!
First and foremost, figure out if you want to sell your home on your own or with an agent. The vast majority of
people choose to sell their home with an agent, which is statistically wiser. Fewer financial results and smaller
sales are produced from homeowners selling their own homes. How can this be? The simple fact is that the
sale of your home depends upon what a buyer is willing to pay. If you cannot attract the right buyer, or
negotiate the proper deal, then you’re stuck behind the eight ball. And remember - marketing your own home
can be very costly.
With an experienced agent, covering the marketing cost and applying proven plans to sell your home becomes
less stressful. They are experienced with the process, which means fewer mistakes, if any at all. Is the 2.5-3%
savings worth it? We suggest searching and weighing the pros and cons before making this decision,
thinking you will save.
During the decision process, you want to make sure the reasons for selling your home are beneficial. Many
people move to save money, finding out that close to 15% of their home sale goes to moving costs, closing
costs and the agent (or marketing for FSBO). Speaking to an accountant is also beneficial to protect yourself
against any tax consequences.
Once you’ve made the decision, you will then Prepare to Sell, Set a Price, Accept an Offer, Close the Sale,
and then Prepare to Move….(to be continued)
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