If you're thinking about selling your home, before you make a move there are some ways that you can make the home selling process smoother and more financially rewarding.
The first important step that might take some time is getting your home ready to sell. Even if you've just renovated, there is a way to you're your home presentable to viewers, so that a potential buyer can visualize how he or she sees the home the way they would like it decorated. This process is known as 'staging'. It basically involves cleaning up clutter and allowing for as much clean space available.
The next step is best done with a realtor and involves pricing your home. A realtor will help you figure out what your home is worth by determining factors like how the real estate market is, the neighborhood your home is located in and how much house you are offering. You may have an opinion about what you think the property is worth, but it's best to ask a selling price based on statistics that really tell it like it is.
Interview a few real estate agents before you hire one. The best real estate agent will listen to you and put your interests and needs first. A real estate agent will have the skills to use analytical and marketing techniques to make sure you sell your home in a timely fashion for a price that hopefully pleases you. A real estate agent will also list your property as an "open", "exclusive" or "exclusive right to sell" listing. An open listing allows you to sell the home yourself, and you will only pay a selling broker's commission. An exclusive agency listing is like an open listing, except the broker can work with another brokerage that could have a buyer who makes an offer you can't refuse. In this case, both brokers split the commission that you pay. Exclusive right-to-sell is the most common and allows the broker the exclusive right to earn a commission by representing you and supplying the buyer. You will pay for the listing and selling broker fees.
When a buyer is interested in your home, a home inspection will be arranged. Make sure that your home will
pass inspection by make necessary minor repairs before hand or be prepared to lower the price is defects are found.
When the house closes (close escrow), your property deed, reconveyance and deed of trust will be recorded in public records, and a title will let you and your agent know that it has been recorded. Keep in mind that once this is done, the buyer has possession right and you may be asked to move that day
ABOUT THE AUTHOR:
Richard sells real estate in the San Gabriel Valley which is about 12 miles South of Los Angeles. For more information, visit his website at http://www.westsangabrielvalleyrealestate.com
Comments(1)