Selling your home can be a major decision, but it doesn’t have to be a major stressor. The first step is to do a little homework. An experienced real estate agent can help you understand the market, determine your home value, help you get the highest offers possible, and also help you purchase your next property.
6 Questions to Ask Your Real Estate Agent Before Listing Your Luxury Property:
The decision to rent or sell your property is multifaceted. One factor you may want to consider is the market. If rental properties are hot, for instance, you may choose to use the property as an investment. If you decide to rent, you will also want to think about who will manage the property including maintenance, rent payment collection, etc.
A real estate agent can determine an estimated value based on comparable properties in your neighborhood. This is often how a list price is determined. You may also want to pay for an appraisal, but this is not necessary as one is performed once your home is under contract with a buyer.
The equity is the value of your home after subtracting the amount you owe the lender.
The fees for sellers include items such as commission fees, moving costs, cleaning and staging fees, legal fees, etc. A realtor can help you understand what your costs might be up front.
A realtor can show you what has recently sold in your neighborhood. You can also do a property search for recently sold homes in your zip code.
Upgrades such as painting, landscaping, pressure cleaning, driveway maintenance, etc. can make a different in the offers you receive for your property. Talk with your real estate agent to determine which upgrades will bring you the greatest return on your investment.
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Thinking about selling? The more information you have, the better prepared you’ll be.
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