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August 25, 2014

PART THREE: 12 Steps to Sell Your Home Faster and for More Money

Sell Your Home Faster and for More Money

The wait is finally over! Here are the last four tips on how to sell your home faster and for more money:POST5 1

9. Make the best first impression. Remember that you only get one chance to make the best first impression to your prospective buyers through photos and the price of your home. Your listing will get five times more traffic during its first week than the succeeding weeks. Try debuting your home either Thursday or Friday because it will grab the attention of online home-buyers who want to visit homes during the weekend. A house that is debuted during Friday actually gets 37% more tours than those debuted on Monday, plus a $400,000 listing sells on average for $20,000 more.

10. Market your home online. Your listing will immediately appear on the MLS website, however, you need to ask your real estate agent to also post your home on Zillow. You can also consider premium placement on Realtor.com. Ensure that your home is mapped properly on each website.

POST5 211. Do an Open House. Doing an open house only sometimes affects the price at which a home will sell, especially when it’s done in the first week of the home’s debut, but you still need to do it. Continue decorating your home with flowers, preparing cookies or putting a sign-in sheet at the door. The sheet will help your agent follow up with your prospective buyers.

12. Always ask for feedback. Once you have placed your home on the market, you should host private visits to your home. It is your real estate agent’s responsibility to call your potential buyer’s agent and ask for feedback regarding your home and its selling price. If you’ve determined through feedback that your home is overpriced or requires some improvements, act on this right away.

Follow all these 12 steps and you will surely sell your home faster and for more money.

August 25, 2014

PART TWO: 12 Steps to Sell Your Home Faster and for More Money

Sell Your Home Faster and for More Money

Here’s part two of our three part series on 12 steps to sell your home faster and for more money:POST3 1

5. Home Staging. If you want to impress your potential buyers, then you have to consider staging your home. You can either stage an empty room and fill it up with furniture, or get rid of any clutter in a crowded space. Remember to fill in your home with natural light as this helps ensure that your home’s photographs will look great and grab the attention of prospective buyers that visits your home. If you don’t know how to start staging your home, check out some professional home stagers in your area.

6. Don’t stress about home remodeling. Unless you do a home renovation on an outdated bathroom or kitchen, home remodeling is not worth the added cost unless it increases square bartage. There are a few less-drastic and cosmetic home improvements you can do on a budget such as steam-cleaning your carpets, washing your windows, revamping your lawn, hiring the services of a professional home-cleaner, pressure washing your deck or cleaning out your home’s gutters. Doing such improvements won’t cost you more than a thousand dollars, but it’ll surely be worth it.

POST3 27. Hire a professional photographer. Do you know that 92 percent of home buyers these days search for their next home through the internet? It is important that you hire a professional photographer to potentially help your home’s selling price and the time it takes for the property to sell. It has been proven that professionally photographed homes sell faster and at a greater amount.

8. Price your home right. Ask your real estate agent to get you a comparative market analysis to help determine the local sales of homes similar to yours in the past few years. You can also visit other homes currently for sale in your area to determine how the selling process is going. If you’re no sure on where to start, begin with a lesser asking price. For instance, if you under price your home by $10,000, you may lose the amount, or maybe, multiple buyers will bid up the price. But if you overprice your home by $10,000, the home may stay on the market for months so you’ll eventually lose more money. The best results are achieved when multiple buyers are involved.

Still want more tips? Good news, we have one more post coming your way on 12 steps to sell your home faster and for more money.

August 25, 2014

PART ONE: 12 Steps to Sell your Home Faster and for More Money

Sell Your Home Faster and for More Money

post1Real estate agents gather data and work together to learn and understand the entire home-selling process and discover ways to sell your home quicker, for more money but with lesser risks.

Below is part one of this three part series of 12 steps to sell your home faster and for more money:

  1. Determine your bottom line. Determine how much you could sell your home through looking online for nearby homes, which were recently sold that are similar to your home. Go to a few open houses too. Once you get the ballpark amount, deduct the agent’s fees of 6% to 9%, closing costs, taxes and the amount left to pay off your mortgage balance. Now, can you sell your home enough to cover all those expenses?
  2. Renting vs. Selling. You have the option to rent your home, as long as you don’t mind being a landlord. This way, you don’t need to sell your home. To determine the amount your home could get every month, you can look into the Craigslist rentals in your area. According to most lenders, rents should be at least 25% higher than your mortgage payment to make enough money to cover the vacancy, taxes as well as any repairs. Multiply the monthly rent by 15 years’ worth of rent or 180 and make a comparison to the amount you could get for your house. If the result shows that you can get a higher price if you sell instead of renting, then it’s usually a better option to simply sell your home.Businessman with Coat and Tie Holding House.
  3. Select an agent. Remember, do not hire the real estate agent that promises to give you the highest price for your home. post2Instead, before making your choice, assess two-to-three agents. During your evaluation, ask the agent about the homes they have sold in your area, the way they’ll market your house, their fees or charges and the amount of time they gave to the last 10 listings they sold. You should also read customer reviews about the agent. Be careful with real estate agents that lock you in for half a year with a listing contract. An ideal real estate agent is someone who will fight to get the best deal for you, not just the one that’s easiest for them.
  4. Determine the right time to sell. A conventional thought is that the best time to list a home is during the spring and summer. However, listing a home during the winter can actually pay off. Just like homes listed during other seasons, particularly those listed from December to March, actually sold one week faster and slightly more than the average price.

Stay tuned for part two of 12 steps to sell your home faster and for more money!