Selling your home requires you to prepare it physically for sale, market it appropriately, and determine the right sales price to attract a buyer quickly. And with the help of your real estate agent, you can complete all these tasks along with a myriad of others that are necessary to sell your home. Here are some recommended tips to help you successfully sell your home on the real estate market with the help of a professional agent.
Select the Right Realtor
To successfully sell your home for the right price and in a timely manner, you first need to hire a professional real estate agent who can be a good partner in the process. If you don't already have a realtor who you have used in the past, you will need to find one in your area. And you can do this in one of many ways.
Talk to those you know who have sold their home recently to recommend to you a great selling agent. An agent who specializes in home sales will have a better network and experience to sell your home, versus an agent who mainly works with home buyers. You can visit local open houses to talk to different agents and get an idea of their experience and their past sales. Use this opportunity at their open house to interview them as a potential agent for you, but without their knowing you are shopping for a realtor.
Mange Your Home's Pricing
When you price your home for sale, it is important you price it right for the market and how much a buyer is willing to pay for it. This factor depends on how much other homes in the area have sold for within the past few weeks. With the help of a comparative market analysis (CMA) provided by your realtor, you will have a good estimate of a price range for your home and you can select the actual list price based on this range.
For example, your realtor will provide you with a CMA showing your home's value based on the market is between $210,000 and $219,000. You will select a list price for your home and your realtor posts it on the MLS and other marketing sources. When the price is in line with the market, you can attract a buyer within the first few weeks. However, if your home has not sold after one to two months, you can review a new CMA and determine if you need to lower the price.