It’s hard to imagine ever leaving your special first house, but 2019 might be the best time to sell and upgrade. Analysts predict that interest rates will continue to rise, so selling now might offer a better market of able buyers.
When selling your first home, you’ll need to learn the best way to get a quick and profitable sale on your property. Real estate can be intimidating, but don’t be afraid to put your first home out there for the right buyer. These tips will help you be on your way to your future dream home!
Treat Your Home like a Product
It’s essential to advertise and showcase your home like a salesman. Buyers may look at dozens of homes, so what can you do to make yours stand out?
Create listings with attractive, well-staged photos that feature desirable traits of your house. Take the time to write compelling descriptions about your property that make potential buyers want to take a look. Work with your agent to throw an open house that will bring in better bids.
Don’t Be Afraid to Renovate
Making small improvements to your home can increase the property value and selling price of your property. Attractive improvements that fit current housing trends will give you a leg up in comparison to other homes in your price range.
Have a friend, family member, or professional look over your home and point out areas that could use updating. Don’t overlook changes like new flooring, fresh paint, updated landscaping, or new fixtures. Small upgrades could make a big difference in value to a buyer.
Always Plan to Negotiate
Smart buyers will be ready to haggle, so you need to expect that your asking price won’t be the final bid. List your home at a price that is attractive but flexible. Be aware of market trends and price your home to match.
Some buyers even choose to underprice their home to generate multiple bids that drive up the asking price. Especially if you live in a desirable area, this can be a good strategy that entices buyers to make an offer.
Consider Cash Sales
If you’re closing on your next home and need money now, you might be asking “How can I go about selling my house quickly for cash?” Alamo City Assets has great information on how to find a reliable cash buyer for your home.
It can be tricky to time home sales so you don’t end up paying two mortgages while your first home sits on the market. Luckily, you have the option of selling your home for cash to a real estate investor. This route often lets you avoid the fees and commissions associated with realtor sales.
Selling Your First Home like a Pro
Whether you list your home with a realtor or opt to sell for cash to an investor, first time home sales don’t have to be stressful. Following these tips will reduce the chance of your home sitting on the market or bringing in a lower selling price.
Your first home will always be the center of memories you cherish. With responsible planning, you’ll be ready to create more memories in your brand new home in no time!
Need more tips to make selling your first home a breeze? Check out our guide to working with a real estate agent.