4 Questions to Ask Before Selling Your Home
Selling your home and starting a new chapter is a huge milestone for a homeowner. Whether you’re moving to a new location or simply craving a new, refreshed space, there are several reasons why you may put your house on the market and begin a fresh start. However, you should ask yourself a few questions before you take the jump and list your home.
At Mark Spain Real Estate, our expert listing agents offer valuable industry insight to help prepare you for the home-selling process. With exclusive intel in some of the southeast’s most prominent markets, our team can help you confidently list your home after addressing essential home-selling questions. Below, we’ve compiled a list of four critical questions to ask yourself to get started.
4 Questions to Ask Before Selling Your Home
What is my home worth?
When selling your home, your first question is likely, “What is my home worth?” Several factors make up a home’s market value, and it can sometimes be difficult to get an accurate snapshot of your home’s true worth. Whether it’s your home’s square footage, location, amenities, or recent comparable property sales, certain features can be huge ticket items when valuing your property.
While it may be challenging to nail down your property value to a tee, there are several methods that could get you close. You can determine your home’s value by using an online valuation tool, hiring an appraiser, checking comparable homes in your area to determine price per square foot, or to confide in a real estate professional. At Mark Spain Real Estate, our experts conduct a comparative market analysis to give you a real-time snapshot of market conditions and accurately evaluate your home’s market value.
How long will my home be on the market?
Selling a home is unpredictable, and there’s no definite way to know how long a home will stay on the market before selling. However, several signs could indicate your home will sell quickly, one being your market conditions. If you are in a seller’s market, you will experience less seller competition and have a greater chance of receiving your maximum asking price. However, if you are in a buyer’s market, you should outsource an experienced realtor to position your home for a quick sale despite shifting market conditions.
Your home’s market lifespan could also depend on your initial listing price. If you set an accurate and competitive asking price from the get-go, your home will likely sell within its early days. However, a home that needs to reduce its price to attract buyers will likely experience a stagnant sale.
How can I sell my home at the highest possible price?
As a homeowner, your asking price should reflect your property’s market value. So if you’re interested in selling your home at the highest possible price, consider ways to boost your home’s value before it hits the market. From accentuating your curb appeal to making functional renovations that will improve a buyer’s quality of life, there are several effective ways to increase your home’s worth and maximize your listing price.
Your kitchen is one area you should always consider when evaluating your space. Because it is the focal point of a home, a kitchen serves as a valuable selling feature that could positively swing a buyer’s decision. So, to maximize your kitchen’s value, experiment with some simple home upgrades like adding an island, painting cabinets, or upgrading appliances.
How can my real estate agent help me sell my home?
An experienced real estate agent is vital to any successful home sale. With valuable industry expertise, a real estate agent will take on many critical responsibilities and mitigate the stress of selling your home.
A high-caliber real estate agent will help you determine the best listing price, strategically stage your home, cultivate marketing strategies for your listing, establish your showing schedule, help negotiate offers, and more. The list goes on when it comes to ways a real estate agent can help expedite your sale and land you the offer of a lifetime!
Selling Your Home with Mark Spain Real Estate
Do you have questions about selling your home? The experts at Mark Spain Real Estate are here to help set your listing up for success. With decades of valuable industry experience, our team of trusted agents will streamline your sale and ensure it is hassle-free! And with our Guaranteed Offer Program, you can receive an offer on your home in only 21 days. Contact our agents today!
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