Real Estate Market is very unpredictable and the housing prices keep on changing daily. But, what remains constant is the frequently asked questions of the clients when they are selling their property. Whether the client is selling his property for the first time or has a prior experience in doing so, they always wish to seek advice and reassurance from the real estate agent. The top criteria for the client will be finding a real estate agent who is well experience in his field and the one that seems reliable.
If you are the homeowner in San Antonio, Texas, and you have certain questions before selling your home, then this article will answer all your questions.
Below listed are some of the common questions and answers that clients have when selling their property-
What is the best time to sell the house?
Generally, you can sell your house at any time of the year. However, there are specific months and days wherein the house selling process becomes faster, easier and profitable. Experts recommend summer and spring to be the best season to sell the house as the sales slowdown in fall and winter. So, May to July will be the best time of the year to sell your house profitably and faster.
How long will it take to sell the house?
The answer to this question depends on various factors.
The place you live.
The condition of the real estate market in your area.
The listing price of your house.
The condition of your house.
Marketing strategies.
How can I determine the value of my home?
The common methods to determine the value of home are Appraisals and Market Analysis.
Appraisals- Appraisals are specific and detailed evaluation of the market value of the property which consists of factors such as the cost of recent sale of the property in that area, the condition of the property, its rental income and so on.
Market Analysis- This is an informal evaluation of the property by conducting the market analysis of similar properties in that area.
What factors will influence the value of my home?
Home size, total square footage and condition of the house.
Location, Amenities and Property attributes.
Current market conditions of the real estate.
Selling price comparison of similar homes in that area.
How much will home selling cost me?
The concrete figures depend on individual circumstances. However, the total cost will include the real estate agent’s commission fee, maintenance and repair costs and any inspection fee if required.
What preparations should be done before selling the house?
The most important preparation that you need to do before selling your house is to find a real estate agent who will take care of everything later on. Right from the necessary maintenance, cleaning the property, staging the home for photography to finding the potential buyer of your house, a real estate agent will do it all for you.
Is home staging necessary?
Absolutely! But stage your home smartly. Keep it minimal and do not stage it with your own photographs. Instead, decorate it aesthetically so that the buyer can imagine his future in the house. Remember: A staged home sells faster than an empty one!
Should the house be proposed for viewings?
Presenting your house for physical viewings can be an added advantage. Potential buyers will be keen on visiting the house and see it with their own eyes. If they like what they see, your house will be sold immediately! But make sure that you aren’t present when the buyer visits the house as it can make them feel uncomfortable.
What should be the selling cost of the house?
This is the tricky part. It is important to keep a balanced selling price of the house. Underpriced house will cost you loss and overpriced house will not sell. To set the right rate for your house, you can visit several online sites and enquire about the real estate property rates in your area and take advise from your real estate agent.
What if the house is overpriced?
Very few buyers will be attracted to your property.
The listing ad will only interest the lookers and not potential buyers.
You will have to eventually sell your property below the market value.
How to negotiate the selling price?
Your home buyer will definitely bargain on the selling price of the house. In that case you can use the negotiation tactics like being well informed of the market trends, explaining them on how you determined this selling price and counteroffer.
How to attract the buyers to the property?
You can attract the buyers to your property by thoroughly marketing it. Put a “For Sale” sign in front of your property. Advertise your property in newspaper, magazines and online social media portals.
What to do if the house is not selling?
Sometimes, your home will not sell as quickly as you want it to. In that case, you need to recheck the proper maintenance of your property and get the necessary repairs done if required. You should also stage your homes as per current trends and take the help of a real estate agent to market your property well.
Should I hire a real estate agent?
With a brief experience of years in the real estate world, it is a good decision to hire a realtor in your home selling process and be assured of the services they will provide. They will guide you in the selling process, help you with maintenance and repair, list your photos thereby marketing your property. They also have a good network in the real estate market to choose the best buyer for your property and ensure maximum profit.
What will be my role in the selling process?
Your role is equally important. Second to your real estate agent. You will be in charge of maintaining your property, limiting conversations with the buyers, removing your valuables and ensure that he property is available for showings.
Conclusion-
Home selling is a big undertaking. And if you want to sell your house easily with maximum profit, then you should definitely contact Reyes Signature Properties, a trusted real estate service provider in San Antonio. Get in touch with us and make your home selling process quicker and easier.