Selling a house is one of the biggest financial transactions you'll undertake in your life. When you add this to the pressure of needing to obtain the best deal possible, the whole process can be very overwhelming. In this article, we are going to give you the best tips on how to get the best possible deal when selling your home.
1. Set the Stage
Your house will need to impress the prospective buyers all on its' own. For the house to effectively do this, you need to stage it properly. Consider staging the empty rooms with furniture, and clearing all clutter from crowded spaces. Do whatever it takes to make sure your house photographs well. You should also stage the exterior of the house. You can do this by using a fresh coat of paint or landscaping. You house needs to grab the attention of all the potential buyers who walk through the door.
2. Choose Your Listing Agent Carefully
You should know that not all listing agents are the same. They generally offer different coverage and reach, in various ways, with different types of people. You need to choose an agent whom you can easily work with and one who sells properties like yours. Also, make sure the listing agent you pick understands your home's good points and has the necessary skills and commitment to market your home with enthusiasm.
3. Price Your Home Right
If you are asking, "how do I sell my house fast Houston TX?" Then you should know that setting the right price is one of the most important decisions you'll make when selling your home. If you go too high, you risk turning off the potential buyers, and if you go too low, you leave some money on the table. To price your home right and make it competitive in the marketplace, have your listing agent get you sales prices of at least 3 similar homes which have sold in your local area in the last few months or so, and then try to go 10 to 15% below that price when setting your home’s listing price. Homes which look like a great deal are the ones which get the most visits and offers from potential buyers.
4. Be Prepared to Negotiate
As a home seller, you probably won't accept a buyer's initial bid on your house. Buyers normally expect a back and forth negotiation, so their initial offers will be much lower than what they're willing to pay. When you get offers which are much lower than you'd like, you should reply courteously, and let the buyers know that you have done your research and you are expecting a price that's closer to the listing price. That said, you should be prepared to drop about 5% from the price you hoped; but take advice/guidance from your agent about the buyer's demands.
5. Decide When to Sell
For the best possible deal when selling a home, consider listing it in spring. According to a recent study, 40% of homes that are listed in spring get sold within a month, and 15% of these homes sell for more than the listing price. Winter is the second-best time to sell a home, followed by summer, and then fall.
So, if you have a house on the market, I hope these tips will help you get the best price for your home. Remember to take your time and consider all the possible options that could help you make the “big deal”.