Reasons to Work with A Real Estate Agent
The role of a Realtor® is to assist you in buying and selling properties. They can guide and help you with the following important things during the process of negotiations up to the payment period:
- Comparative Market Analysis
Your Realtor® knows the value of your property and can bargain the highest bid for your property. This information can be obtained by careful analysis of the current similar homes on the market and homes recently sold or under contract. After discussing the comparative market value with your Realtor® , you can find the ideal fair market value for your property.
- Sellers Net Estimate
This is an estimate of the net proceeds of your property. Though it is not the final number, This will give you an idea of what to expect on the amount that you will be receiving at the end of the transactions. Be sure to discuss any questions with the Realtor® before everything will be put into a contract.
- Preparation and Staging
Buyers will want to visit the property they want to acquire. With this, the Realtor® can give you an idea of how to arrange your property to attract the buyer. It doesn’t have to be extreme but remember that buyers also tend to imagine living in your home with the right furniture. Your agent can advise and connect you with the right professionals that can help arrange everything for preparation and staging.
- Photography and Showings
Photos are very important after staging your property. This is to showcase features of the home that appeals to the buyer’s wants and needs. Interested buyers can contact the Realtor® to view the property.
- Negotiations and Contract
After the selling and inspection process, it is very important that you think of the negotiations and contracts. Realtor® are there to deal with negotiations and contracts to ensure a smooth and fair selling experience.
How to Prepare Your Home for Sale
So, you have already found the best real estate agent to work with to sell your home. The next thing that you should do is prepare your home as best as you can to sell it at the best price.
- Fix what is necessary
When it comes to home repairs, there is only one thing that your real estate agent would advise you — repair only what is necessary to home buyers and what will bring the most value for them. So in order not to spend too much on unnecessary projects, consult your agent or trusted contractor. Issues that have not been resolved may show up in the inspection report regardless and cause you to lose money upon closing.
Decluttering can do magic on your home especially if you’re putting it up for sale. Homebuyers will get the idea that your house is well maintained and in great condition if it is clean and organized. Remove any unnecessary items or donate gently-used items you will no longer use.
Sometimes, homeowners would like to make renovations that are market-smart or those that will improve the market value of your property. You don’t have to spend too much on the renovations; DIY home improvements would be enough, especially if you have experience doing it. Making the right renovations to bring the most value to your home is the key! These are the places that you might like to make smart makeovers:
- Porch or patio
How Much Does Your Home Really Cost?
Calculating the best-selling price for your home is probably the most challenging part. Of course, you wouldn’t want to put a price that is too high but you would also want to get the most out of what it is worth. The best way to determine a reasonable price for your home is to work with a licensed and experienced real estate agent and get a Comparative Market Analysis. It is a document that contains pricing information and other details of properties that are similar to yours that are currently on the market. Its purpose is to give you an idea of the price that you should put up on the list.