Want to Sell Your House? – Free Guide to Selling Your Home
October 2, 2013 | FPA Realty Team
Are You Considering Selling Your Home?
Want To Sell Your House?
Enjoy our FREE GUIDE TO SELLING YOUR HOME below.
Make More $$ With an Agent
Free Guide to Selling Your Home
Free Market Evaluation
Why Use Front Porch Realty
We set the right price and help you negotiate the best deal.
Sell Your Home Faster
Check Out Our – Free Guide to Sell Your Home Below
Want Front Porch Realty Sell a Home for you? We would love to help you get the most out of your transaction. The very first step is letting us know you are considering selling your home. As soon as you know you are even considering selling your home is a good time to reach out to us to start a free no obligations market evaluation on your property. Right now is a great time to sell because Austin is a sellers market. Do you have a home you are interested in listing? Find out how much your homes worth with a free assessment of market value today.
If you’re selling your home this year, be prepared for a marathon, not a sprint.
Sell My House – Want to skip the how to and just sell your home?
Selling your home can be a daunting process. But that doesn’t mean you have to go it alone. Let our team of professionals guide you through every step of the process and explain everything step by step. For those who just want to skip the process of reading our Free Guide to Selling Your Home and just hire us to list your home or property here is a contact form below.
First Things First. Are You Staying in Austin?
What to do to Sell Your House – Free Guide to Selling Your Home
In most places, those heady days of putting a property on the market, receiving multiple bids, getting more than you expected, and accepting an offer in just days — or weeks — are over.
Now, for most houses in most parts of the country, it’s a buyer’s market. That means that more houses are for sale, there are longer stretches on the market, and prices have slowed, plateaued or, in some places, decreased.
Sellers “need to be prepared for a sustained effort,” says Colby Sambrotto, chief operating officer of ForSaleByOwner.com.
Homes are staying on the market for about four months, according to the most recent national averages from the National Association of Realtors. That being said it is Austin and we have a 6 month housing shortage on our hands as of April of 2017.
10 Steps in our Free Guide to Selling Your Home
Traditionally, spring and summer are “prime time” in most areas of the country when it comes to buying and selling homes. If that’s when you plan to plant your “for sale” sign, here are 10 things you can do after reading Free Guide to Selling Your Home
- Call Front Porch Realty
- Receive a Free No Obligations Home Evaluation
- Sign Our Home Listing Agreement
- Using Market Comparisons We Find the Perfect Price
- We Use Professional Photographers & Videographers to Capture Your Listing
- You Relax While Offers Come In
- We Help You Decide Which Buyer Qualifies to make the Purchase
- We Negotiate the Best Deal
- You Sign to Start the Closing Process
- We Close on Time and You Make $$$
Ok. Ok. Just Kidding . Here Ya Go.
FREE GUIDE TO SELLING YOUR HOME
- Recognize every market is different.
- Get your home inspected.
- Shape up before marketing.
- Devise a marketing plan.
- Check into company relocation assistance.
- Assess area market comparisons
- Set a price.
- Understand your price.
- Get rid of the junk.
- Stay on top of the market.
1. Recognize every market is different. Your state, town or neighborhood could dovetail with national numbers or buck the trend entirely. “There really is no national market,” says Sambrotto. “There’s a patchwork of regional markets.” Never rely solely on one person’s advice or opinon. Talk to a handful of professionals, do your own research and listen to your gut instinct.
2. Get your home inspected. “Before I would even call a real estate agent, I’d have my home inspected,” says attorney Diana Brodman Summers, author of “How to Buy Your First Home.” Some real estate agents advise against spending the money (most basic inspections range from $200 and $400, according to a 2004 survey from the American Society of Home Inspectors), because the buyers will get one anyway prior to closing. Others recommend it, because it gives sellers an early warning on any repairs they might have to make. But in this market, it’s better to be proactive, says Summers. “I would rather know what the inspector is going to find and be able to fix it — and pick who will fix it,” she says. Her method also
3. Shape up before marketing. A buyer’s market means you’ve got more competition. “You want to put your best foot forward,” says Eric Tyson, co-author of “House Selling for Dummies.” If your home isn’t appealing and in good repair, potential buyers won’t even stop. Some sellers feel it’s OK to skip this step and take less, but if the house is not appealing you may not get the chance to negotiate. “Six weeks before you want to put it on the market is a great time to get it done,” says Summers. You don’t need to renovate, but make sure everything looks great and works well. There are some things you can do to make your home stand out:
- New paint. Paint the whole house, if it needs it, or just the trim, shutters and door to freshen up.
- A clean entry way. Sweep or pressure-wash the front walk and porch. Polish the outdoor metalwork, clean the windows and glass and replace any burnt-out bulbs in outdoor lighting. And, if you can, add planters with flowers.
- Lush landscaping. Think new mulch, sharp edging, a healthy lawn and beds of flowers.
- “Maximize your chances of people being excited about your listing when it hits the market,” says Tyson.
4. Devise a marketing plan. Do you want to use a real estate agent or would you rather sell it yourself? If you try doing it yourself, have you set a time limit after which you want to enlist the aid of a professional? Selling it yourself can save you the real estate commission (often about 6 percent), which can be an advantage in a tight market. But a buyer’s market (or rapidly changing market) is also a good time to have a little professional expertise to price, market and move your property. And don’t forget, potential buyers may feel that if there’s no agent involved the price should already be 6 percent less. Both the buyer and the seller can’t save the same 6 percent.
Free Guide to Selling Your Home
5. Check into company relocation assistance. Are you moving to take a new job or position? If so, the company might offer some resources to make things easier, says Summers. Some companies will even provide a list of real estate pros who will work with you at a discount. If you’re selling in a tight market, every little bit helps. Best source: call your human resources department.
6. We make a market comparison of your homes neighborhood to see recent sales and listings. Using our current data and tax records we can then make a more informed decision about the right pricing bracket to list your home in. Tyson says” Homes priced correctly sell quicker while also benefiting the buyer with adequate compensation.”. To get an idea of what’s going on now, you want recent comps. But you may also want to look at comparables from the last six months. “You will see trends,” says Patricia Fitzgerald, broker/owner of Coastal Properties in Jupiter, Fla. “You also need to look at what is in the market” in that area, she says. Are properties moving? Are prices holding steady or are sellers dropping prices?
Pricing is strategy. And much of it comes down to just how motivated you are to sell — or how quickly you have to leave.
We Vote you Use Front Porch Realty but if you don’t be sure and find out how long each has been a professional. Experience counts. “If you’re going to pay 5 to 6 percent, you might as well get the best your money can get,” says Tyson.
7. Set a price. The rules are different in soft markets. “You don’t overprice your house 20 percent to leave wiggle room for negotiating,” says Tyson. While that kind of strategy might never be a good idea, it can really backfire in 2007. If your property is overpriced 20 percent, the buyer’s agent “may not even show it to them,” he says. Again, it’s not a matter of being willing to negotiate. If your price is too high potential, buyers may not even look at it. And they may very well see a negative message in such a high price. “Those who overprice their homes in this market are wasting everyone’s time,” he says.
BONUS SIDE NOTES FROM FREE GUIDE TO SELLING YOUR HOME :
- Modern technology. Agents and buyers are often using computers to search for properties. If you want to sell yours for around $400,000, consider listing it at $399,999, rather than $400,500. That way, a computer search of anything between $350,000 and $400,000 will include your listing.
- Commissions aren’t add-ons. Don’t add the real estate commission to the value of the home to come up with your asking price, says Tyson. If you use an agent, the fee comes out of your share of the profits. Otherwise, “you’re going to get penalized for overpricing your house,” he says. Instead: try negotiating your commission with the agent. When the recent seller’s market was in full swing it was easy to get agents to list your property for as low as 4 percent (split with a co-broker). They knew the property would sell in days or weeks and their marketing costs would be low. Now it’s reversed. Agents are commonly looking at four to six months to sell a property and so their marketing expenses are now running higher than normal. This makes them hesitant to offer any discounts.
Beware of hidden financing costs. Not all financing is the same from a seller’s point of view. With some types of financing, like FHA and VA home loans, the seller pays the points on the loan, says Summers. Understand the different types and what will be required of you as a seller, because that could affect how much you net in a sale.
8. Understand your price. While you don’t want to undervalue your house, many sellers today won’t make as much as neighbors who sold last year, says Summers. If you have your heart set on a certain amount, and find out that houses aren’t selling for that, you may “have to change your mind and sit on the house,” she says.
9. Get rid of the junk. “This year it’s more important because buyers are going to be more fussy,” says Summers. “Buyers are going to come in with an attitude.” Throw things out, ship them early or rent a storage locker. But clear out that clutter. Buyers look for space and light. To show it off, you need to be able to tour a group comfortably through the house, as well as actually walk into those “walk-in” closets.
10. Stay on top of the market. “You must be aware of market changes,” says Summers, which is one reason she recommends using an agent. Stay on top of what is happening with mortgages and finance rates, keep looking at comps and, “see trends before they happen,” she says. “The real estate market is still in a time of correction. You have to be so careful with both buying and selling.”