Thread: Few tips for selling home

Originally Posted by Luxury Homes Tampa

Hello all,

Here are some tips which should be considered when you sell your house.

Determine How Much Your House Is Worth
Determine your home's fair market value. Real estate agents will usually help you determine value as a courtesy

Estimate Your Costs to Sell

# Real estate commission if you use an agency to sell.
# Advertising costs, signs, other fees if you plan to sell by owner.
# Attorney, closing agent and other professional fees.
# Excise tax for the sale.
# Prorated costs for your share of annual expenses, such as property taxes, home owner association fees, and fuel tank rentals.

Estimate Costs to Buy a New Home

# Calculate moving expenses, loan costs, downpayment, home inspections, title work and title policy, paying for a new hazard insurance policy--all expenses related to buying a home. Your lender should give you a disclosure of estimated costs when you apply for loan pre-approval.

Make Necessary Repairs
Make all needed repairs unless you want the house to be regarded as a fixer-upper. I'm not referring to cosmetic updates--just items in need of repair. Anything that's obviously broken gives potential buyers a reason to offer you a lower price, especially if it's one of several repair hot spots that worry buyers the most.

hello my friend.... you have made the very good points for selling home....
There is a lot of emotion attached to this home, both positive and negative, and that may make it difficult for me to look at the project of selling it objectively.... but you give a wonderful tips...thank you

thanks very much great post and a lot of very useful information which im sure everyone can take something from. Good luck in all you do

Above all else, it is crucial to find the absolute best price for the home AT THE BEGINNING. It has been proven that the longer a home sits on the market, the harder it is to get full price offers and the more the perceived value drops.

These are great tips. Thanks for sharing them.

Great tips! Selling a property is quite a good thing if all things are fix in the proper places. Estimated and counted the possible expenses and other costs. The profit is also determined prior to the repairs done (if any). Good quality of property means good income to follow.

great tips..
you should know the features of your home that a potential buyer might be interested in. Don't just consider what's in your house, but also what's around your house. develop a budget for all the expenses that you need. know the market value of your home. develop a marketing plan. get organized. clean all the clutters. and stay impartial..

Nice tips, I wish more people would read this thread as I see many people trying to sell their homes but not wanting to put the time in effort in small cheap repairs which really makes the home easier to sell.

These are another factors that could affect the pricing of homes:

Condition: Did you keep up to date with repairs? It should be appealing and make a good first impression.

Size: Does it make growing families be attracted?

Terms: How flexible are you concerning the sale? Have you considered offering financing?

Interest rates: The lower the interest rates, the more buyers can find the money to pay.

Supply and Demand: Take a look at the market, consider the number of houses similar to yours. Look at the competition, what can you do to set apart your home?

Economy: Is there any increase or decrease in economy?

Location: With the keyservices such as schools, doctors and shopping nearby are you in a attractive neighborhood.

Thanks for the valuable information. I specially agree on pricing, as a high asking price can cause a property to miss out completely on potential buyers. I would even recommend taking sellers to see comparable listings so they can see first hand how well their house is priced.