8 Tips for First-Time Sellers it is a new Ball Game

By
Real Estate Agent with Laura Filip Broker , Opening doors for All Seasons of Life TREC # 0488771

f you are selling a house the very first timeit is a new ballgame from what youexperienced as being a first-time buyer.

 

 

Ultimatelyyou are in charge of this processYou call the shots on prepping your house for saledeciding on a listing priceaccepting (or rejecting) offersalong with a host of other factors.

 

Howeveryou may wish to heed the following tips:

 

1Hire a professional realtor 

A real estate transaction is packed with complexities and nuances which a professional,skilled agent can assist you navigateAsk friends and family to recommend a real estate agent they've used and were satisfied withor look for a local RE/MAX Utopia agent.

 

2Detach yourself from the process

You have made memories you'll always remember within your first homeand sayinggoodbye is difficultBut take care not to allow your emotional attachment impede of making sound decisionsespecially when you are looking at staging and pricing your propertyTry to see your home as the potential buyer wouldPretend you are a potentialbuyer and walk through your propertyTake an inventory of the items that appeals to youabout each room as well as the things you'd change.

 

3Don't overprice

Some sellers may think that in the current low-inventory market they are able to overpricetheir property and obtain a premium priceThe truth isin the event you price itcompetitivelyyou'll produce a flurry of activity and (possiblyget in a situation wheremultiple offers are rolling in. Overpricing in the beginning hurts your odds of getting a quicksale, especially when numerous price reductions are required.

 

4. Declutter and stage for a quick sale

Clients who tour your house will have a difficult time picturing themselves moving into it if they only see paint colors or decor that suits your own unique styleRepaint the walls withneutral, earth-tone colorsand get rid of excess decorations from wallsOpt to rent astorage space to store large furniture that overpowers your primary living areasroomsshould appear as spacious as you possibly can.

 

5Make necessary repairs/upgrades

Make sure that all systems and appliances are working properlybecause these itemsmay come up in a house inspection that may cost you more money andpossiblythe whole sale in the futureThe general rule would be to make improvements to your homethat can help the property show wellbut do not put a fortune into capital investments say for example a high-end flooringespecially if such upgrades aren't consistent for yourneighborhoodYou likely won't obtain that money-back in the sale.

 

6Give your home curb appeal

 

Your home's front exterior will be the very first thing prospective buyers will see every time they drive byand it's really likely the very first photo which will show up in an on-linesearchProvide your entry way a brand new coat of paintinclude bright flowers in yourentryway, and then make sure that any cracks or major cement damage is fixedRent a power washer to remove the grime and buildup on the exterior of your houseand of course keep your yard mowed and tidyJust a little hard work goes a long way to creatinga positive first impression on buyers.
 

 

7Keep an objective balance for negotiations

What's more imperative that youWalking away with your asking price (or more)? A fastclosing time putting out as little upfront cash in closing costs as possibleMany of theseare considerations you will need to make while you evaluate offersAlsodo not forget thatyou have the opportunity to negotiate with counter-offers. Sometimesyou are able tosweeten the offer by means of to offset a buyer's closing costs (if feasible), or leavingsome appliances behindA couple of concessions may go a considerable ways while in the negotiation processand your Realtor can work with you to carefully evaluate andrespond to each offer.

 

8Prepare for closing

Once you have accepted a proposal and signed a sales agreementyou'll start preppingfor the closingAlso known as escrow" or settlement," closing will be the final meetingbetween the buyersellertheir agents along with a loan officer (or an attorneyin somestatesthe location where the buyer pays their a part of the costs to the seller as well as the buyer's new titles well as any mortgage liens are properly recordedThe closing agentwill calculate what monies are due to the property owner along with what credits need to be applied to the transactionsuch as taxestitle fees and other closing costs.

For a Free Estimate of your homes value click  the link 
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Laura D Filip Broker/Owner CRS,CHMS,CNHS,RCC

 903-271-4978 cell phone text messages

855-483-9662 office contact number

www.GreaterTexoma.com

 

Education is the first step to success and then action is needed to Succeed.

We are here to help with all of your Real Estate needs.

 OBSTACLES ARE THINGS A PERSON SEES WHEN HE TAKES HIS EYES OFF OF THE GOAL.  E. Joseph Cossman

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