Three Questions First-Time Home Sellers Often Have
When you are needing to sell your home, it can be easy to be intimidated by the various tasks that will need to be done. Unfortunately, if you are about to sell your first home, you might not be sure of what to expect from this process. Once you learn the answers to the following few home selling questions, this task may not seem as intimidating because you will have a better idea of what to expect and how to proceed.
How Are The Seller's Commissions Handled?
As the seller, you will be expected to pay for the commission of both your real estate agent and the buyer's agent. Fortunately, you will only be expected to pay these fees once the home has been sold. To help offset these expenses, you should increase the price of your home. However, this math can be rather complicated as you will need to adjust the price of your home based on the percentages charged by these professionals. Fortunately, your real estate agent can help you to estimate these expenses so that they can be included in the listing price of your house.
What Type Of Upgrades Should You Make To Your Property?
There is a common misconception among some individuals that they should undertake expensive home renovation projects as a way to increase the price they can charge for their homes. However, it is rare for these projects to add more value to the home than what they cost to do. While large renovations may not be a worthwhile investment, it can be an excellent idea to invest in repairing any obvious minor damages to the home. In addition to making the home less desirable to potential buyers, these minor problems can be points of contention when negotiating prices with buyers, and repairing them before listing can help you to avoid being at a disadvantage when negotiating with a buyer.
What Should You Do To Stage The Home?
Staging the home's interior is one of the most important things that you can do to make the home appealing to potential buyers. Ideally, you should remove all of your possessions from the home. Additionally, you may want to paint the interior of the home neutral or cool colors. These colors will make the interior appear large and open. Also, the absence of bright commanding colors will make it easier for potential buyers to imagine their possessions in the home.
The interior will not be the only part of the home that needs to be staged. You will also want to make sure that the landscaping is properly maintained. To help make this easier, it may be a worthwhile expense to hire a landscaping company to regularly visit your home to cut the grass, address weeds and water any plants.
For more information, contact companies like Celia Dunn Sotheby's International Realty.