Tag: selling a home

Tips To Sell A Home For First Timers

selling a home

Homeowners think about selling their home for various reasons like lack of space to accommodate a family, due to work or they are considering moving to a different neighborhood. The Kormendy Trott Team believes that selling a home is a complete contrast to the process of buying a home. While selling a house, the owner is more interested in making a profit whereas buying involves finding out if they can make a house a home. See the full review of the real estate stats here.
First time sellers face quite a challenge selling their house, here are a few tips that help.

Home Staging can improve sales prospects: Home staging means that the house is prepared so that it appeals to the audience. The main aim is to make it look attractive to the buyers so that it can be sold at a profit. A real estate agent will help you in this aspects, the furniture and other stuff in the house are moved around so that the best elements of the house shine through to the potential buyers. Thereby making it more attractive and boosting sale. Home staging advisers often ask homeowners to paint the house as it lures buyers. A well-maintained house is one of the sure shot ways of improving the looks.

Perform an open house: Not all homes are meant to have open houses, but if it is located in a good neighborhood and is nearby to a place where there is a lot of foot traffic it is going to attract potential buyers. There are times when buyers have loved a house after going to an open house even though they had no intention of buying it but start considering it post open house. For a house owner based on the response of it, they will know what to expect.

Do not be inflexible during home stagings: Home staging is a difficult task for your family as many potential buyers will walk around your house and intrude on your privacy. But as a buyer they will want to check if everything is in order, so do not be inflexible. If you and your family are not comfortable allowing unknown people into the house, you can consider taking a small vacation at the time of home staging. The agent will show the buyer around and answer all their queries, and most of the agents would like that as whatever you say can be used as a reference in the future settlements. If an offer is made for buying your house, it is best that you respond to it before the date. That ensures the buyer is not left in the dark or has to follow up several times to know the result.

Set the selling price correctly: It is incredibly essential that you price it appropriately. An agent who is an expert and has experience in the listing should be hired. An agent will know the current selling price in the area the house is located and will be aware of the market conditions. The agent will set the price based on the market analysis termed as CMA. Though there are many online resources which can help you with the selling price of your home, the real estate agent will provide a better estimate.