Tips for a First Time Home Seller
Purchasing your home was a big deal, but now it’s time to sell and you may be feeling overwhelmed. Home buying and selling is something that almost no one is an expert at, but it doesn’t have to be complicated. Just a few tips can save you countless headaches.
Hire a Real Estate Agent
You may believe that you can do this on your own and increase your bottom line, but nationally, homes sold by a real estate agent sell for an average of $39,000 more than homes sold by owners. Having a real estate agent on your team means you don’t have to handle the scheduling of showings, creation of disclosures, or negotiation of contracts on your own.
Make Updates
Did you remodel your kitchen but never finish the backsplash? Does that one door not close all the way? These are small projects that can make a big difference to your bottom line and how quickly you can sell your house. Before your house is on the market finish as many of these little projects as you can to have your home truly move-in ready.
Get Market Updates
Understanding the market around you helps you have a better understanding of what to expect when you sell your home. Talk to your real estate agent about how you can get market updates for your neighborhood. Ideally, you want to sell your home in a seller’s market, but the right marketing and preparation can get a home sold even in a buyer’s market.
Set the Right Price
Pricing your home too high can result in it sitting on the market for too long costing you valuable money. Pricing your home too low means your home may get swooped up quickly leaving you with a lower bottom line than you wanted. It’s imperative to work with your agent to find just the right price so your home will sell quickly without impacting your bottom line.
Make a Move Out Plan
So you want to move, but are you ready to move within 30 days? The Denver market is still hopping at an incredibly fast pace and once your home is on the market you’ll need to be ready to start packing. Have a move out plan in place before you list your home to avoid contract extensions and frustrated buyers.
If you’re selling your first home, you need a power partner on your side. Contact us today to learn how we can help you sell a home in the Denver or Boulder area.
