Real Estate Tips for First-Time Home Sellers
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Loading... - Samuel Dakore
- 08 Nov 2022
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There are many great articles and other online resources available for first-time house buyers when it comes to real estate advice. However, this cannot be said of advice for first-time home sellers. So we want to give you real estate tips for first-time home sellers.
There is frequently a period of uncertainty when a first-time home seller decides to put their house for sale. The majority of first-time home sellers are unsure of how or where to begin the selling process.
First-time house sellers must be aware of what the home sale process comprises, the cost of selling a home, and several other important details
Check out some of the most important real estate tips and tricks for first-time home sellers below before you sell your house for the first time. By using this advice, you’ll place yourself in a much better position to sell your first house and make it appear like a simple process!
Price Your Home Accurately
You don’t want to create the wrong impression by pricing your house high and then reducing it. Nor do you want to leave money on the table.
A reputable listing agent or consultant can help you here. Don’t choose someone who just dabbles in real estate. You’ll fare much better if you select an experienced real estate agent who sells a fair number of listings, preferably in your neighbourhood.
Your agent will analyze comparable sales and prepare an estimate of value—often called a CMA—for comparative market analysis. It is also ok to compare to other homes on websites like propertypro.ng
Insist on Professional Photography
Of course, if you have hired a top-notch listing agent, your agent most likely already provides professional photos. It’s not enough to just get the angle right in the picture. The most popular photos are rich in colour and depth, and they entice. Ask to approve the virtual tour or photo tour before it’s published.
Understand Your Local Real Estate Market
Real estate markets can vary significantly from one neighborhood to another. First-time home sellers need to understand the current state of their local real estate market. Generally speaking, there are three “states” of a real estate market, a seller’s market, a buyer’s market, and a balanced market.
Some real estate markets will vary depending on the time of the year. A seller’s market typically leads to lots of demand for a property and the possibility of receiving multiple offers. Before you decide to sell your home for the first time, you must ask a real estate professional for their analysis relating to the current state of the local market! Read More…
