Every house is different as is the selling procedure for them. Each state has different laws and customs. The general rule is that a more expensive house will cost more to sell and a damaged house will sell for a lesser value. For example, a homeowner with an advertisement saying
“Wanting to Sell My Flooded House …” may attract a lot of attention however is less likely to fetch a small amount.
It is never too early to prepare when it comes to selling a house since it involves plenty of groundwork. Selling when the market is sluggish will not fetch you a good price, thus getting the timing right means getting a better price.
Tips to Sell Your House
Here are some tips for those wishing to sell a house fast in Houston, or another city in the USA.
The first step to selling a property is to find out how much it is worth. There are several property websites online offering property value based on location. Although this might not be accurate, it is a good place to start.
A buyer will be expecting a price as per the market value and this can vary depending on several market conditions. Thus, when trying to estimate the value of a house, only consider facts and nothing else.
Estimating the price of the house is not the easiest task hence it is a good idea to get expert help from a real estate agent. They can even provide a comparative market analysis (CMA) which compare the value of your house to those nearby and help provide an accurate estimate.
It is necessary to prepare the house for sale by cleaning it and removing the clutter.
If the house is in desperate need of repairs, it is a good idea to get those done prior to listing them in the market.
Restore the house’s paint by repainting the walls to its original state.
Hiring professionals to clean the house and help with deep cleaning the carpets and rugs may work to your advantage when trying to sell the house.
Getting help with the paperwork will make it the task easier and faster. Gathering other important documents like proof of purchase, property tax, installation receipt, etc. will help you get the best price for the house.
It is possible that a house has some known issues. Fixing these issues prior to selling the house is the best solution since any buyer inspection will immediately uncover such issues.
The worst method of selling the house is to not disclose the known issue and making an extra effort to hide such issues. Some of the states require a seller to disclose issues with the house as well.
Almost all home buyers are likely to conduct a professional home inspection prior to the purchase of a house. The inspection will include the basement as well as the attic and hence it is a good idea to clear and stuff lying around and keep it ready for inspection.
A buyer will always want to take a final inspection of the house; usually a more thorough one prior to making the final decision. Every homeowner should prepare for that.
Taking the help of a real estate agent will cost money since they will charge a commission to find a successful buyer.
Preparing a house and getting it ready for sale; will cost money in terms of new decor and repair work which adds up to the selling cost of the house.
A real estate agent will usually charge somewhere between 5% to 6% commission on the price of the house. There are many real estate agents however finding one that goes out of their way to get the best deal is important. The process of selling a house is the same for both the homeowner as well as the estate agent. However, an agent can make the task of arranging the necessary documents and finding a buyer much easier.