Are you thinking of selling your home?
Selling your home?
Are you considering selling your home but not sure what to do? Here are some steps to follow. Depending on how much equity you have in your home, now may be a very good time to sell. In Riverside and Corona CA and throughout the Inland Empire, there are lots of buyers and investors anxious to purchase homes. The timing is right for many buyers because of low housing costs and low interest rates. The inventory of houses available currently is quite low which is great news for home sellers.
- Evaluate your situation first. Do you really need to sell? Or can you remodel your home to meet your needs? Can you afford to purchase another home, keep your existing home and rent it out until the prices of houses in your area go up?
- Find a good Realtor. Interview two or three agents in your area. Don't use your cousin Bob who lives outside of the area or your mom's best friend. I can't tell you how many times I've heard of sellers in bad situations that they can't seem to get out of because they are using a family friend or family member to sell their home - particularly when your area is not in that agent's regular area of expertise. Your Realtor will market your home and will walk you
through all of the steps in selling your home. That's only a small part of what a good Realtor will do for you - but that will suffice for this post.
3. Prepare your home to show. Your home should be spotless, have great curb appeal and evoke a warm welcoming feeling. A good Realtor will help you with home staging recommendations to make your home more appealing to buyers. People want to be able to picture their family in the home not yours so a home full of personal clutter will not show off the potential of the home.
4. Set a price to list your home. In selling your home, there is nothing more important than the price. The value of your home is based on your home's condition, market trends, and current competition. The market determines the value of your home - not you - what ready and able buyers are willing to pay for your home.
5. Make your house accessible to agents and potential buyers. It will be more difficult to sell your house if it is hard for people to get in to see it.
Selling your home can be a stressful time, but you can be successful in selling your home if you are patient, reasonable and flexible. There are lots of buyers out there and the key is to get them to fall in love with your home.
Call us if you have any questions about selling your home. 951-840-5212.
Posted at 04:49PM Feb 02, 2010 by The Pedersen Team in Real Estate | Comments[0]