Help! How Do I Sell My Home?

Help! How Do I Sell My Home? 

If you are selling a home for the very first time, the process might be a bit intimidating. There are a lot of questions to consider after all. You also want to be sure you are going about the process correctly and getting the right kind of help. If you are just now setting out on your home selling journey here are three things that are involved and the questions you should be asking yourself as you go along. Do it right and the home selling experience should be a smooth one. Here are three basic questions you need to ask yourself.

Am I Asking the Right Price for My Home?

This is the first question you should ask yourself and it requires a little bit of research. First of all, you don't want to price your house too high or too low for your neighborhood. If your price is too high the house won't sell. If it's too low, you will lose money that you deserve. You also have to take into consideration on how much you owe on your current mortgage. Researching what similar homes are selling for in your neighborhood is a very important step. What's next?

Does My House Need Any Repairs?

You can always sell your house 'as-is', however, you won't get your potential top dollar for your investment. If it makes sense to your budget you might want to put a little money and some sweat equity into the home to fix any obvious problems, so that you can ask for fair market value. If doing the repairs will cost so much that it will cancel out any additional profit you could make, then it may be best to sell the house 'as-is'. Get some repair estimates to make your decision. Our third question is a good one.

Should I Sell My Home Myself or Hire a Realtor?

Some sellers think they can get more profit for their house by foregoing an Realtor and selling it themselves. However, a Realtor is actually essential in getting the highest possible price.  A local Realtor who knows the neighborhood is really indispensable. He or she can tell you if your asking price is too high or too low, can advise you on repairs, and any number of other things you might not have considered. You'll save a lot of time and research with a local Realtor. Plus a local Realtor is part of a Realtor Board and works along with thousands of other Realtors who have qualified buyers waiting to purchase. You will sell it a lot more quicker and at it's highest selling price potential with a local Realtor on your side, while all of those over priced houses just sit for months.