Real Estate
Helpful Information on Selling a Home
November 25, 2009 by Jules Hagey · Leave a Comment
When selling a home, especially in the current real estate market, you need to do everything possible to stand out from the competition. With so many homes now available, your home needs to offer something special, which would ensure a fast sell and good price.
Home in Need of Repair
We greatly recommend that you try to research on properties under sale in the same geographical location to look at condition and price.
You need to make sure that your home is in excellent condition as a part of getting your home ready to sell. If you want to get the best price from your home, you should complete the repair it needs and you may even upgrade your home.
Property Photographs
Your real estate agent should take many quality photographs of your home for posting on MLS. Put some things in the storage if needed and be sure to keep the home uncluttered. Other tips include:
Keep the toilet seats covered. Only a photograph of the master bedroom is needed unless the other bedrooms are significantly larger or different You or family members should never be in photos of the home so watch for reflections in mirrors. Shoot only positive features of the home, a swimming pool, fireplace, etc but avoid small closets or hallways. The kitchen is the heart of the home so people want to see numerous photographs of this particular room. For the dining room, have the table beautifully set. The living room photo needs to make the room look large so if you have a lot of furniture, put some in storage. Make sure the front and back property is also included, especially water features, pools, built-in grills/fireplaces, and gardens. Use descriptions to enhance photos.
Opportunities for Marketing and Advertising
You will need to consider several marketing strategies when it comes to selling a home. Consider the following:
Invest in color postcards and mail them, for out-of-town buyers and potential buyers in your neighborhood. Multiple color flyers that have some of the best photos of your home really work great when distributed to potential buyers that will come to open house or to view on a scheduled tour with the real estate agent. Consider having videos added because virtual tours get attention. Consider having new advertisement that are done weekly. Open houses should only be held on Sundays or Thursday evenings to get a greater number of visitors to your home. Have your agent get feedback from people that have gone through the home, allowing you to make repairs, changes, or upgrades accordingly. If comfortable, shoot a self-video of you telling people about the property or giving a tour and then post it on a video site like YouTube.
Always consider a good rule when selling a home is that with this currently being a buyer’s market you need to set the asking price at least 2% lower than the asking price for the most comparable home. If you find that the price is simply lower than what you are needing then perhaps you should sell your home in the future. It is a huge mistake to list your home at a price that will get no movement.
Jules Hagey is a real estate investor based in California. He is a former estate agent and writes widely about issues related to real estate and finance. He is currently establishing a quick sale houses program in the UK to take advantage of the current opportunities found there. Get a totally unique version of this article from our article submission service
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