Most of us will be involved in the property market at some stage. Few people relish the prospect of selling real estate, but it is much easier if you get good professional help. Properties sold through an agent are likely sell faster and fetch a better price than those which are marketed independently.
Once you have come to a decision to sell, there are several steps to follow. Firstly, you need to determine the value of your home and property. The most expensive but also most reliable way to do this is to hire a registered valuer. For a fee, the valuer will visit your home, carry out a thorough inspection and calculate the value, based on the land area, quality of additions and the location. Another option is to look at recent sales figures for the neighbourhood, and compare your property to those similar in size and quality. You are free to set your asking price higher or lower if you wish, but it is a good guide to what you could expect to get.
When deciding on an agent, approach several firms before settling on one to list with. Most will provide an initial consultation for free and give you an outline of their fees and services. Generally, an agent charges about 3% of the final sale price. For this your property will be advertised on a website and real estate publication and signage will be provided. They will also contact interested parties, take them to the property and organise open homes if you want to have them.
The standard charge is about 3% of the final sale price and this usually includes all advertising and marketing costs. Your property should be listed on a website and included in some kind of advertising publication. The agent will contact potential buyers, escort them through the property and answer their questions. If you wish to have open homes, they will organise and host these. They will follow up on groups who visited your home and try to persuade them into making an offer.Be wary of agents who ask for advertising costs upfront. Generally speaking, the agent will only earn their commission if a sale is made.
You also need to discuss the different sale options with your agent and whether or not to advertise the asking price. The price is usually not specified with auction and tender sales, although potential buyers will probably ask the agent for a guide.
The agent will advise you as to the best method for your property. Auctions have an advantage in that there is a short, intense marketing period and competition between interested parties can raise the price. If your home is in a good location and is likely to generate a lot of interest, an auction may work well for you.
Before your home goes on the market make sure that you clean it up both inside and out, and do any jobs which you have been putting off. If you have the time and money think about doing some painting, especially on areas which are starting to peel and fade. Clear away any rubbish, mow the lawn and weed the garden so your property is showcased to its best effect.
The selling process doesn’t have to be stressful, provided you find the right agent who will market your home to the best of their ability.
Article written by Lisa Udy, please visit Logan Utah Homes to find the best Logan Utah Homes information.
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