After a lot of thought, you’ve decided to add your house to the real estate market. However, as a first-time home seller, there’s plenty you’ll need to know to ensure you can maximize your house’s sale price.
Here are three tips that every first-time home seller needs to know before you list your house on the real estate market:
1. Be realistic when you price your house.
What is your home worth? It’s the million-dollar question that every home seller needs to consider, because how a home seller prices his or her house may determine how quickly a residence sells.
Ultimately, you’ll want to be realistic when you price your house. You’ll want to find the sweet spot, i.e. a price that makes your house attractive to prospective homebuyers yet ensures you receive fair value for your residence.
To price your residence appropriately, be sure to get your house appraised. Also, you’ll want to look at the prices of similar homes that currently are listed on the real estate market or sold recently, as this will enable you to determine the right price.
Of course, pricing your home competitively will increase the chances that it will generate a lot of interest. And if you do your homework, you’re sure to find a fair price that meets your needs as well as the needs of prospective homebuyers.
2. Think about what you’ll want to do with your appliances.
Do you want to bring your major appliances (like your refrigerator, washing machine and dryer) to your new address? If not, you’ll want to account for these items and include them in the price of your home.
Comparatively, you may be able to use your appliances in a home negotiation. For instance, you might seal the deal with a homebuyer who is on the fence about making an offer on your home if you offer to include your appliances in the purchase price.
On the other hand, if you’re in love with your appliances, you need to be ready to bring them with you to your new home. As such, you may need to lower the asking price for your house to account for the fact that a homebuyer will need to buy new appliances.
3. Take a proactive approach to promoting your house.
When it comes to selling your house, you’ll want to make it as simple as possible for homebuyers to find all of the information they need to understand why your residence is a great choice.
For instance, using high-resolution photographs to showcase your residence online can be exceedingly valuable. You also can eliminate clutter from your home and maintain a clean, spacious residence, one that homebuyers can view at any time.
Don’t forget to collaborate with a first-rate real estate agent, too. With an experienced real estate professional at your side, you’ll be able to promote your home to the right homebuyers at the right time consistently.
Use the aforementioned tips to get ready to sell your house, and you can increase your chances of optimizing your residence’s value in any real estate market.