Whether you’re a seasoned seller or you’re planning to list your first home for sale, it’s natural to have a lot of questions about selling property. The team at The G. Le’ Roi Group Realtors Powered by Worth Clark Realty has worked with sellers throughout Maryland Heights, MO. Below, they share answers to a few of the most frequent questions they hear.
Common Questions About Selling Property
How Should I Prepare My Home?
Staging your home will make all the difference in how quickly you sell your home and what buyers are willing to pay. Go through the house and look for any repairs that need to be done. Consider some simple aesthetic projects that can make the home look newer, such as fresh paint and carpet replacements. Remove all your clutter—anything that isn’t decorative or necessary for everyday life—and place it in a storage unit, then bring in a stager. If you have a yard, hire a landscaper to freshen it up.
How Much Is My Home Worth?
A knowledgeable real estate agent can conduct a market analysis to determine your home’s current value. This analysis involves looking at recently sold comparable properties, then making adjustments depending on factors such as your home’s upgrades and location. Other exterior factors that will impact your market value, such as the current available inventory, current mortgage rates, and the economy.
Should I Price My Home High?
It’s a common mistake to think that pricing your home above its determined value leaves room for negotiations. This strategy does more harm than good. Modern-day buyers are savvy and will know what your home is worth. If you ask for too much, it will only discourage them from making an offer in the first place, and your home may sit unsold on the market for months.
What Is a Contingency?
Contingencies generally mean that the buyer’s offer is dependent upon a certain factor. A sale contingency is a common one. This means that the buyer must sell their current home before they can follow through on their purchase. Another popular one is an inspection contingency, where buyers are given a certain number of days to have an inspection done and uncover any major issues.
You need the right team on your side when you sell a house. Contact The G. Le’ Roi Group of Realtors Powered by Worth Clark Realty at (636) 329-4544 or online to strategize your sale with a real estate broker. They will work tirelessly to take all the stress out of selling property while getting you the biggest return on investment possible.