The prospect of selling a home can be overwhelming as it is, and the situation only gets tougher for first timers. By keeping a few tried-and-true home selling tips in mind, there’s no reason you can’t sell your home profitably and successfully.
Update your local real estate knowledge
Remember the amount of research on the local real estate market you did back when you bought your home? Depending on how long ago that was, the housing market in your community could have changed dramatically since that time. You need to be as meticulous now as you were then, and update yourself on San Francisco homes for sale market trends. Make sure to look into comparable sales, otherwise known as “comps” – properties in your area with size, condition, and age similar to yours. Try to look up to three comps in your area with values that fit within your value range. This will put you in the ballpark of your property’s fair market value.
Price your home competitively
Pricing your home right is probably the most important move you can make as a home seller. Overprice your home and you could push a lot of serious buyers away, thereby hurting your chances of selling your home fast. Price your home too low, and you could potentially lose thousands of dollars from the sale.
Sell at the right time
In real estate, timing is just as important as pricing. Most real estate experts agree that spring is the best season for home selling, but conditions can differ depending on the location and other considerations. Find out when inventory in your area is lean or too competitive and expensive. Let supply and demand help you decide the right time to sell your home. Generally, you want to sell your home when there are more buyers than sellers. Talk to real estate agents of houses for sale in Richmond CA, to find out when this usually occurs.
Prepare your home for viewing
Appearances matter in real estate, and you want your home ready to view before you put it up for sale. This means cleaning and decluttering its contents, as well as making the necessary repairs and replacements to make sure everything looks and works as they should. Likewise, keep the features neutral, and take high-quality photos of your home from inside and out. Preparing your home for sale will help your property attract more attention online and offline, which spell more quality bids coming forward for your home.
Partner with a good real estate agent
As a first-time home seller, you need all the guidance and assistance you can get to avoid pitfalls and missteps in the home selling process. Avoid unnecessary headaches and frustrations along the way by partnering with a good real estate agent from the very beginning. Having a trustworthy and knowledgeable agent by your side allows you to save time, money, and energy while helping you get the most out of your home sale.
Are you a first time home seller in the Mission Dolores or Cole Valley real estate market in California? I, Amir Hardy, have helped many newbies like you enjoy a smooth and stress-free home selling process in the Noe Valley real estate market and nearby communities. Call me today at 415.602.0570 or chat me up at amir.hardy@compass.com.