There’s more than enough info out there for first-time home buyers, but for first-time home sellers it’s a completely different story.
If you’re goal is to turn your real estate into riches and you don’t really know where to start, then I’m here to help.
Here are 3 priceless pointers that every first-time home seller should know about before putting their home on the market.
One of the first things you’ll be faced with as a seller is pinpointing an accurate price range.
In this step of the process, greed tends to get the best of people and they try to overprice their home so they can receive a better return on their original investment.
This is a BIG no-no…
Pumping up the price of your home and keeping your fingers crossed for someone to fall for it does nothing more than keep the For Sale sign standing tall on your front lawn.
You’re better off tacking a fair price onto your property from the get-go.
Otherwise buyers will catch wind of you trying to rip them off and head over to another house nearby that’s more affordable.
Keeping that in mind, your first move should be to contact a real estate agent and request a comparative market analysis or CMA for short.
This simply shows what price range homes have sold for in the area and can help you get to the bottom of your property’s true worth.
Staging is another thing to take into consideration when it comes time to part ways with your first home.
Buyers aren’t always going to see the potential of your house when it’s stripped down to the barebones.
Whether you like it or not, having personalized décor and other aesthetically pleasing objects scattered around can play a big part in sealing the deal.
There’s no holding you back from dressing the place up yourself, but it may be worth it to bring a professional on board.
The fact that these people earn a living by making houses easy on the eye should say enough in itself.
Even if you do happen to have good taste, it may be a little behind in comparison to what’s hot on the market right now.
It’s a professional home stager’s job to stay up to date with all the latest trends that are appealing to buyers.
So, it’s almost a given that they’ll have the upper hand when it comes to giving your house a makeover.
Taking this route isn’t an absolute must though and if you’re leaning more towards the do it yourself approach, then as a rule of thumb you should make your home as neutral as possible.
In the same sense, you should put just as much effort into making your home look good online as you do in-person.
In this day and age, hardly anyone wants to go into things blind.
People want to at least have a rough understanding of what they’re getting themselves into and thanks to the internet, receiving a preview is easier than ever before.
Many buyers won’t even give your home the time of day unless you’re able to leave a lasting impression of your place on the internet.
I can’t stress the importance of posting pictures enough…
The reality is that buyers get their first taste of a property from photos online.
It doesn’t matter how nice your home looks in-person, if it doesn’t look nice on their computer screen, then they’re not even going to bother taking things to the next level.
Once again, play it safe and pay the extra penny for a professional to do the work for you.
It’s true that first-time home sellers aren’t catered to in the same way that first-time home buyers are.
However, if you’re feeling overwhelmed about the whole process then feel free to refer back to these 3 tips.
Remember that pricing, staging and photography all play a role in how quickly your home will sell.
Try them out yourself and see what sort of impact it has on turning your real estate into riches.