In our latest post, we offer tips for first time home sellers in Floresville and beyond. Find out what to watch out for before trying to sell your house!
If you have never sold a house before, the process can feel burdensome and overwhelming. There is a lot to do, and without the right people on your team, you can find yourself overwhelmed and unsure of how to proceed. There are many expenses to consider, as well as the general process of completing a contract. Below, we offer some of our best tips for homeowners who are ready to sell a house in Floresville and the surrounding areas.
Get The House Ready
If you decide you want to list the property with a Floresville real estate agent, you’ll need to prepare the house for the market. This means you may need to possibly paint the walls, replace old carpet, update hardware, replace old fixtures, swap out appliances, and make any repairs the property needs. You’ll also need to clean the house, keeping that way for property showings. Your costs can add up quickly make sure the upfront costs are taken into consideration before deciding to put your home on the market. A good agent can go through and give you advice on what really would benefit you on the sale of the house. You don’t want to spend money where it does not benefit you. The main point is clean. Clean goes a long way to make a house ready. Then address major issues that you can fix. And to get the most money you might want to consider some minor repairs or rehab.
Learn About The Market
When selling your house in Floresville, it’s imperative that you know a bit about current market conditions in that city. It really is true that location, location, location determines desirability for a home. Take some time to research trends and recent sales. Determine what your property is really worth and how those amounts have changed over time. By having a realistic picture of what your property is worth, you’ll be able to negotiate for the price you want. The best investors out there make it a point to learn as much as possible about current properties for sale and what’s going on in the local market. And buyers’s agents should know that also.
Price Your Property Correctly
Pricing your house too high from the beginning will likely net you less money when all is said and done. An overpriced property will sit on the MLS longer, need to be reduced, and lose it’s overall appeal to potential buyers. The house will fall lower and lower in the search results, often making it an afterthought for buyers looking at houses in the area. Incorrectly pricing a property is one of the biggest mistakes sellers make.
Consider Your Selling Options
There isn’t just one way to sell your house. It’s important that you analyze the different selling methods and factor in what each will cost and what benefits they will each provide. Listings are great for properties that need little work and that don’t need to be sold right away. Listing can take some time and there are often expenses for repairs, cleaning, marketing, and other listing costs. A direct sale is often the better choice for properties that need work, that are burdened with liens or tax problems, or that need to be sold within a specific amount of time. Don’t assume that you need to hire and pay an agent for helping you sell but if you have an agent that works with investors they bring a wealth of knowledge to guide you. An experienced agent can walk you through the pros / cons of selling to an investor directly versus selling on the open market . In some cases, a direct sale we be the best way to sell from a financial standpoint. Plus all the time you will be able to save.
Understand The Costs
If you choose to list, it’s important to know what it will cost you. Many people fail to factor in costs for cleaning, upgrading, or making repairs if needed. As mentioned above, it might take work to get a property ready for the MLS. You’ll also need to factor in marketing costs and the cost of your time. How much will it really cost you preparing and showing the property? With an agent, you will also need to factor in commissions, agent fees, administrative expenses, and closing costs.
Work With Professionals
No matter how you decide to sell, always make sure that the people you are working with are honest, professional, and passionate about what they do. If you list, your agent needs to fight for you, getting the best price possible on your behalf. If you choose a direct sale, you want someone who knows how to efficiently close, making the selling process simple and convenient for you. Not every investor is the same. When you work with us, you can be assured you will receive the best treatment possible. If you plan on fixing up the house before trying to sell it, make sure the contractors you are working with are known to you or come highly recommended. You don’t want to find that you are throwing your money away on repairs and upgrades that don’t offer a return.
We help first time home sellers in Floresville! Find out what we can do for you by contacting us today! (210) 216-7722
As the Floresville Real Estate Agent – Faye Y Taylor is here for your questions and to help
Faye Y Taylor, Floresville TX Realtor®
Serving all of Wilson County and the South Texas area