We have heard of the nerves that first time home buyers face, but it is natural for first time home sellers to also feel some nerves. But, don’t fear, with the right realtor and the right steps taken, selling a home for the first time doesn’t have to cause sleepless nights.
Here are Five of Our Top Tips for First Time Home Sellers:
1.) Price it Right- It is common for home sellers to want to price their home a little high, just to see what happens. The problem with this is that it could end up losing you more money in the long run. The best time to sell your house is within the first few weeks of it being on the market. Right after your home hits the market is when the most home buyers typically see it. This is when homes usually end up receiving the highest offers. So, it is best to price it right from the beginning.
2.) Clean and De-clutter- This is a good tip for any home seller. Buyers want to see a clean house when they walk through. Removing clutter from your house allows the buyer to envision themselves and their own things there. This could also mean moving exceptionally large furniture to storage, in order to show off the space in your rooms.
3.) Hire the Right Agent- Interview agents to find the one you feel comfortable with. You want an agent who is knowledgeable about the market in your area. A good agent should have comparables of other homes in your neighborhood that are for sale, have sold and are under contract. This will help to find the right list price for your own home.
4.) Pretend You Are The Buyer-What things would you want to be fixed if you were buying your home? If the paint is chipped, fresh paint is a fairly easy update that goes a long way. Trimming the bushes and freshening landscaping will improve the home’s curb appeal.
5.) Decide What is Most Important to You- Talk to your real estate agent before listing your home about what is most important to you in an offer. Is it the selling price, would you like a lot of time to close, or a quicker closing? Is it earnest money included in the offer? Knowing what is important before receiving offers will help when it comes time to review the offer and counter if needed.