If you were looking to “sell my house fast,” you will have multiple questions about making that happen. It is widespread concern that homeowners looking to sell their homes have many questions, especially if it is their first time selling a home. You want to make sure that the transaction goes as smoothly as possible. Many homeowners fear that they may not be able to sell their homes when they need. Many homeowners also fear that they will sell their homes for too little. Everyone wants to ensure they get the most they can for their property when they sell. We’re going to discuss some questions and concerns that homeowners face daily.
Best time of the year to sell my home
Most people ask themselves when is the best time to sell their house. There are four seasons; choosing the right season to sell property can make all the difference. Real estate sales take a decrease through the winter and holiday months. This does not mean it’s always a horrendous time to sell your home. But we have found that it is much easier to get your home sold between late spring and early fall. Right in those summer months make it a great time to sell your home. The weather gets warmer and makes it easier for people to want to move. Schools being out for the summer, parents can decide to move to a new area without the fear of taking their kids out of school. There are fewer holidays in the summer months. There’s a lot more daylight each day when the summer rolls around, making showing homes much easier.
How long does it take to sell a property?
If you are looking to sell my house fast Philadelphia, you may be wondering how long it will take to sell a home. Depending on your area, it may take longer than others. On average, in Philadelphia right now, it takes 30 days for a home to sell. That is if you choose to use a real estate agent. Those 30 days are for you to get a buyer in place. It usually takes another 15 to 21 days to make a settlement on your property. So unless you were using a cash home buyer, it would take 21 days or less to get your property sold from start to finish. Depending on the area and the route you choose to sell your home, it can make all the difference in timing.
Everyone wants to know the actual value.
If you’re looking to sell your home and want to make sure you’re getting the actual value for your property. Since home prices are constantly fluctuating every three months, it is essential to pay close attention to the price. Getting a market update from your real estate agent can be the best way to get the most for your home. If you speak with neighbors in your area that I’ve recently sold with a house similar to yours is an excellent way of getting the best number. Knowing what they sold for can be a huge bargaining tool when you sell your home. You are considering if the property is comparable or not. Using a real estate agent may also be the best option because they have access to properties in Excel every single day. Zillow and redfin tend to use properties that are further out than yours. This means you may get crazy fluctuation in numbers. Getting sold homes in your area that are very similar to yours will be the best way to tell what your property is worth.
The home’s condition can play a significant factor in value as well. Everybody would like to think that their home is in the best condition possible. The truth of the matter is that it can always get better. Unless you have completely renovated your home in the past couple of months, it is a very high possibility that you can work on something else. Occasionally our home may need an excessive amount of work. You will have to factor this in when it comes time to sell—understanding that it is worth less than something that is completely renovated in our area. Though we might not be able to get an exact figure for the cost of repairs our home may need, it does play a significant role. You can even use an appraiser to come out to your property and pay them for their time to find out what your home is worth. Then, when you sell, you have an exact figure that you can sell your home for without missing out on money.
The cost associated with the home sale
There will be a cost associated with the sale when utilizing a real estate agent. What exactly cost am I faced with when I sell my home. Several different costs come up. Such as your real estate agent commission, which is 5% to 6% of the total sales price in most areas. Repair costs will be something else that factors into an amount you would owe, depending on how picky the buyer is and what their mortgage company wants to be repaired. It can cost you a decent amount of money when selling your home. There are also closing costs that are associated with the sale. Such as any transfer tax and state fees, another two to three percent of the home’s sale. So when it is all said and done, typically expect to pay close to 10% of your home’s value when selling your property.
Should I make repairs?
Another common factor people associate with selling their home is whether I should make repairs. The truth is that it depends on which route you decide to sell your home. Suppose you are using a real estate agent to sell your property. Then we highly recommend that you do some work we’re updating. Do work that stands out in your home. Anything that is out of place or is an obvious eyesore. Because it will save you time and money when the inspection rolls around, suppose you decide to use a cash home buyer to sell your home. Then you are not expected to make any repairs at all. That is a massive advantage of using them to sell your property. They purchase homes as-is, meaning you have to do no work and spend no money.
What are my options when selling my home?
They’re usually three different options associated with selling your property. You can use a licensed real estate agent who does it for a living. Yes, there are numerous fees associated with doing this. But they have your best interest in getting your property sold as efficiently as possible. You can permanently save yourself some money and sell the property yourself. Yes, you save a lot of money doing so, but it becomes challenging to market and shows your property yourself. Finally, selling to a cash home buyer is another option when selling your home. Many people take this route because they do not wish to repair their homes themselves.
What to do if my house is not selling?
The biggest concern for most homeowner owners is for them to sell their house fast. Sometimes when we put our home on the market, it does not sell right away. There are times that even months go by, and we don’t even get an offer on our home. So we ask ourselves, why is our home not selling? The majority of the time is because our house is overpriced. Overpricing can be a significant concern and getting your home sold on time. You do not want to adjust your price too much to where you lose out on money. That is why we said it is of true importance to understand the value of your home before selling. Then, you price it right the first time and don’t have to do a price drop.
Hopefully, we relieved some stress.
Selling your home can be a very stressful process. So many questions run through our minds when we decide to sell. It is usual for a homeowner to be concerned before selling their home. However, being prepared and knowing the actual value of your home will make all the difference. Sell your home with confidence and know that you can make things happen.