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Selling Tips

 

Here are some valuable tips about the process of selling your home.  If you have further questions about the selling process, call me today.
 

Pricing a Home

Before placing your home on the market, you must decide on the asking price. This is one of the most important decisions in the selling process. Set the price too high and it will just sit there. Buyers select by comparison shopping in similar price ranges, so your home should reflect a fair market price in order to sell.  Keep in mind that the market price is determined by what buyers are willing to pay. A professional Realtor will show you statistics for comparable homes that have recently sold, and this information can help you determine what the market value of your home should be.

Important factors to consider when establishing a price for your home:

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What is its age and condition?

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Does it need repairs or updating?

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At what prices have similar homes in your area recently
been sold for?

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What are the asking prices for similar homes in your area
that are currently for sale?

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How many homes are currently for sale in your area?

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How competitive is the market in your area?

A qualified Realtor can help you to answer these questions and set the correct price so your home will SELL!  Contact Ben Stout if you have any questions about selling your home.

Maximum Sales Appeal

Selling your home is a joint effort between you and your Realtor.  The following suggestions can help you sell more quickly and at a maximum profit to you:

Keep the lawn trimmed and edged, shrubs neat and yard free of clutter. Walk across the street and see how your home looks to prospective buyers.  An attractive exterior usually invites inspection of the interior.

Paint as required.  Faded walls and worn woodwork reduce appeal.

Be sure your kitchen looks bright and cheerful.  Clear off counters so they look spacious for working.

Inspect your home as though you are the buyer.  Repair minor blemishes, fix leaking faucets, squeaky door and floors, etc.

Make bedrooms neat, orderly, and attractive.  One third of our lives are spent in our bedrooms, so make the rooms someplace you would want to spend time in.

Double check for clean walls, tubs, shower stall, commode and sink.  Bright, clean bathrooms sell many houses.

Remove all unnecessary articles and things that have accumulated.  Display the full value of your utility, closet and storage space.

Pack away all excess decorations, stuffed animals, posters on walls and knickknacks/collectables.  They'll need to be packed anyway prior to moving, and this will help your home look more spacious.

Try to leave when your home is being shown.  If you cannot be absent, remain in the background and let the agent handle the tour.  Refrain from talking to the client.  The agent knows what the prospect wants and can demonstrate your property most effectively.

Eliminate anything that may be offensive to the prospect's senses.  Stale odors and musty closets can deter a sale.

Turn on the lights!  Keep dark rooms and hallways lighted.  Leave window coverings open to allow natural light to show your home at its best.  A bright and open home is always inviting. 

Call today for a free consultation on how to begin the process of marketing your home.

Understanding the Selling  Process
Time to Sell Find a Realtor The Selling Price Showing your Home The Costs of Selling

Time to Sell

Until now your home has been your private haven, your getaway from the outside world, but now it's time to
Sell.  Start thinking about a strategy for selling your home.  How much do we ask?  What is the true cost of selling your home?  Do we need to advertise?  Should improvements be made?  A qualified Realtor can help you answer these questions and take off some of the burden of selling your home.  

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Find a Realtor

Selling your home is a very emotional experience, and a professional Realtor can help you through this process.  They can help you determine the right price for your home based on the market and similar homes in the area.  They can help you get your home looking its best for showings, and
most importantly, they can find you a buyer.  Because they're in contact with home buyers, sellers and other Realtors®, they have a much better chance of selling your home in the shortest time and for the most money.  Contact Ben Stout to find out how he can help you to sell your home.

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The Selling Price

Pricing your home is the most difficult chore you face.  Memories and emotional attachments cloud your vision.  Remember only
one thing will determine what your Home is worth, and this is what the future buyer is willing to pay for it.  You must attempt to set the right price.  Set the price too high and you will be compared to homes at the high price making your home seem less valued.  It may even discourage people from at least looking at your property.  Set the price too low and you may cheat yourself out of valuable dollars.  Pricing your home can be based on the present cost of construction plus or minus various amenities less depreciation weighed by various market conditions in your neighborhood and similar homes.  This is why the assistance of a qualified Realtor is so important.  

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Showing your Home

Most houses don't sell themselves.  Your home may be your castle, but until a buyer makes it his or hers, it's just another house for sale.  Selling a home takes an investment of time.  Work with your Realtor to get your home ready for showings.  Appearance will rank as one of the most important factors in selling your home.  Your yard should look neat and tidy at all times.  The exterior should look sharp and crisp.  Check those faded house numbers.  Clean the gutters, fix any torn screens and broken windows.  Test all lights as well as the doorbell.  Make sure your mailbox isn't rusted.  Often it's the little things that make a big difference.  

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The Costs of Selling

The cost of selling your home may vary from state to state.  Generally speaking, the seller pays for:

  1. State and county documentary stamps.

  2. Title insurance based upon the sales price.

  3. A real estate transaction fee of usually between 6 - 7%.

  4. Your attorney's fee if necessary.

  5. Prorating of taxes to the date of closing.

  6. Termite inspection fee or treatment, if necessary.

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Contact Ben Stout to start the process of selling your home today!

 

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