Homeowners who wish to place their homes on the market are usually looking for the best price they can get. They also want to sell it as quickly as possible so that its value doesn’t drop in the market. Properties that remain stagnant on the market rarely get viable offers.
The following tips can help sellers sell their homes at the best price possible and fast.
· Price Aggressively
One of the most important decisions a seller can make is setting the right price. The key is to create a balance so that you don’t scare off potential buyers. Click To Tweet Go too high and they might be turned off. Go too low and you end up losing money.
A simple yet powerful way to acquire that balance is to see the property from your buyer’s perspective. Do this by examining homes your competitors are selling and find out how much they are selling for. Compared to the figures you get from them, what do you think will be a fair evaluation of your home’s worth?
· Work with the Selling/Buyer Agent
Agents who bring potential buyers to your homes are known as buyer or selling agents. In a real estate market that is filled with properties they can buy, it pays to ensure those professionals are on your side. Giving them a small portion of the selling price in exchange for prioritizing your home for showings may help you sell faster and at a good price.
· Get a Pre-listing Appraisal Done
An appraisal will help you determine if there are any issues in the property that can bring down its value. It will also determine the value a lender would assign to it. Most buyers are ready to pay the price an independent appraisal comes up with if it is backed by a credible source.
Try to hire an authentic appraiser or home inspector to conduct a survey of your home to reduce risks.
· Consider the Local Housing Market
Even though the location of your home plays a role in determining the best time to sell, Spring is the best season for such transactions. Most homes sell faster during this period and make more money than they would during other seasons. This trend can extend to Summer and end in June before the new school year starts.
However, this does not mean that you should only sell in Spring. Even though Winter and Fall may see a reduction in prices, they also attract buyers that are keen to close quickly on properties. So if you want to sell your home as quickly as possible, discuss price trends and weather issues with your agent beforehand. This will let you know which months are the hottest in your area.
· Stage for effect
The way you stage your home will say a lot about you as a homeowner and seller. It can create a great first impression, which is what buyers are looking for. Most find it easier to visualize the property as their future home so staging it accordingly should get you a good deal.
Staged homes also sell for more than their actual value. So, if you want to close a deal on it fast and sell it for more money, start redecorating.
Texas 18 Hour CE Package
As an experienced Texas real estate agent, you can close deals on properties faster and profit more from them by continuing your education. 360Training’s Texas 18 Hour CE Package is designed to provide a comprehensive education to any professional who wishes to renew their real estate license in Texas.
Please be advised that you are going to be eligible for license renewal after completing your SAE or Sales Apprentice Education requirements.
The course covers 18 hours as per TREC or the Texas Real Estate Commission requirements. The topics include legal updates I and II for TREC. The online course satisfies all requirements that need to be fulfilled for TREC, and can be taken whenever and wherever students want to take it.
After completing the course, you will have completed all of the requirements needed by the Texas Real Estate Commission for renewing your real estate license in the state of Texas. Sign up for it today, and have your license renewed for another 2 years.