A lot of homeowners may not be first-time homebuyers. Some may not even be first-time home sellers. While many beginners to the real estate market gain a significant amount of knowledge during their first interactions with the market, there are some key reminders for those who may be a little more seasoned. Regardless of your status as a home seller, remembering these checklist items will help keep the stress to a minimum.
Here are three reminders when selling your home.
Knowing what type of market you’re currently in, be it buyer’s or seller’s, is the first step to a tactical advantage when selling your home. For example, if you’re in a buyer’s market, you may run into a plethora of competition and need to price your house with a competitive edge. If the market is a seller’s market, you’re more-than-likely in a decent position to price the home closer to what you imagined you would.
If you’ve sold a home before, it may be tempting to post your home for sale as “For Sale by Owner” or FSBO. While this is a viable option, working with a licensed, professional real estate agent is a great way to ensure that you’re completely caught up in all the nuances of the industry. Things change quickly in real estate. Agents must keep up with new regulations and trends. Imparting that knowledge to their clients and ensuring home transactions go smoothly and according to said regulations is a key component to their every day experience.
There’s a chance that there will be an offer or two that requires you to amend your final resolution about your home. Remember, some concessions are acceptable, especially when dealing with multiple offers. Depending on the offer you and your agent deem fit, you’ll want to acknowledge and talk through any altering concessions your chosen buyer may have. Make sure that you adhere to them before the final meeting to ensure you get exactly what you want out of your home sale.
Remembering a few key elements like these, regardless of sales experience, is an efficient and lower-stress way to sell your home. Always remember that there could be curveballs and look to your hired professional real estate team for any guidance in newer or more niche areas of the sale.
Barbara started in Real Estate in 2006 after another Realtor told her that her personality made her a perfect fit for the industry. There is no doubt that Barbara’s lively personality and warm heart make her an awesome Realtor. Barbara was born in Italy and speaks fluent Italian. She grew up in Medford and eventually moved to Everett where she resides today. Her personality combined with her background in home insurance and customer service make her experienced in multiple facets of Real Estate and willing to work hard to help her clients achieve their goals. In my spare time I volunteer at animal shelters and foster dogs until we find their forever home. I am also proud to say that with every transaction I complete, a portion of my commission is donated to a local animal shelter.