Most of us will be involved in the property market at some stage. Few people relish the prospect of selling real estate, but it is much easier if you get good professional help. Properties sold through an agent are likely sell faster and fetch a better price than those which are marketed independently.
Once you have come to a decision to sell, there are several steps to follow. Firstly, you need to determine the value of your home and property. The most expensive but also most reliable way to do this is to hire a registered valuer. For a fee, the valuer will visit your home, carry out a thorough inspection and calculate the value, based on the land area, quality of additions and the location. Another option is to look at recent sales figures for the neighbourhood, and compare your property to those similar in size and quality. You are free to set your asking price higher or lower if you wish, but it is a good guide to what you could expect to get.
Next, consult with real estate firms and choose an agent to list with. Compare fees and services before making a decision and ask around to see if anyone you know can recommend someone with a good reputation. Agents’ fees are usually about 3% of the final sale price and this covers all the advertising and signage they provide plus organising open homes and contacting potential buyers.
Ask your family and friends if they can recommend a good agent. Don’t list with any who try to charge upfront for advertising costs. If the property fails to sell, the agent makes a loss, hence their motivation to market your home as best they can.
You also need to decide how you want to sell. Open offers, auctions and tenders are the most common forms. With open marketing, there is no deadline and offers are made when another party is interested. You can advertise the asking price or choose the no price marketing option. Auctions can be profitable for properties which have generated a lot of interest, as competition between different parties can push up the price.
The best choice for you will depend on a number of factors, including the buoyancy of the market, the potential popularity of your home and the desirability of your neighbourhood. Your agent will be the best guide in helping you decide what to do.
Before your home goes on the market make sure that you clean it up both inside and out, and do any jobs which you have been putting off. If you have the time and money think about doing some painting, especially on areas which are starting to peel and fade. Clear away any rubbish, mow the lawn and weed the garden so your property is showcased to its best effect.
If you follow this advice and find a good agent whom you trust, selling your property should be a straightforward and stress free process.
Article written by Lisa Udy, please visit Logan Utah Real Estate For Sale to find the best Logan Utah Real Estate For Sale information.
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