If you have been maintaining your home through the years, transitioning into selling your home should not be a difficult process, especially if you go the route of hiring a real estate professional. They can organize the staging, take photos, write up online listings, and give tours to buyers. But this also means that you will have to pay a percentage fee for their assistance, which can be a decent amount of money. You might feel confident enough to sell your home without help from a realtor. But if you do choose this route, it is important to learn as much as you can about setting the right price on the house to improve your selling experience.
Looking around at other homes for sale is an excellent idea when you want to gather information. But you must understand that there is naturally going to be a price difference between neighborhoods. If you find a similar home, you cannot take the listing price or the sale price too seriously, at least until you do research on the neighborhood and find out more about the crime and schooling in the area. These two factors will play a huge role in a property's value along with the condition of neighboring houses.
While the neighborhood in which a home is located is important to consider, this is not the only thing that is going to determine a property's value. You should look at comparable listings regarding the number of bedrooms and bathrooms, as well as the overall square footage of the house. You may even want to consider details such as the size of the backyard, garage, and driveway since these all play a role in home value. It is best when you are able to find similar homes in the same neighborhood for an accurate comparison.
Past Sold Homes
Depending on where you live and the current season, you may not be able to find many homes for sale. Winter is a common time for people to hold off on listing their home. But you can get creative by looking at previously sold homes and then accounting for the fluctuation in property values. For instance, a home that sold six months ago may be worth more now due to an increase in value throughout the entire area. This should give you more than enough homes to compare from for coming up with a selling price.
It is not an easy task to sell a property on your own, but knowing where to look to gather information on pricing your home will help you end up with an asking price that is fair for both parties.Share
13 April 2017
Have you recently found out you’ll soon be moving to a new location? Perhaps, your employer is transferring you to another branch of the company in a different city. Or, you may need to move near a family member in order to take care of him or her. Regardless of your unique situation, you might worry you won’t be able to find a wonderful place to live in your new city on your own. Consider hiring a reputable real estate agent to help you with your house search. This professional should have in-depth knowledge about your new area. On this blog, I hope you will discover the many advantages of hiring a real estate agent during an unplanned move. Enjoy!