631-929-8400

6324 Route 25a, Suite 8
Wading River, NY 11792

Homewners Guide

Selling your Home

Selling real estate may seem daunting.  However, there are some easy steps that can help you get the maximum return on your home. The first step is to find a real estate agent to guide you through the process.

Get the Agents Advantage

At some point in the selling process, most people consider selling the property themselves.  While FSBO (For Sale By Owner) is not necessarily a bad way to go, homeowners typically do not get the same prices as professional agents.   It takes a lot of time work to sell a home.  Most people choose to let a knowledgable real estate agent work on their behalf.

Real Estate Agents

It is important to have a good working relationship with your real estate agent, so find one that "fits.  To begin, you must price your home.  Your agent can research pricesLook around at similar houses for sale in your neighborhood and price yours in that range. Of course, the interior and exterior condition of your home will make a large difference. For example, if youve remodeled recently or have new appliances, the price will naturally increase. Your real estate agent will use the MLS (Multiple Listing Service) to come up with an appropriate price; however, this will simply be a suggested price. The final decision will be up to you, which is why it pays to do a bit of comparative research.

 

 

The next step is getting your home ready to show. Open houses are critical in stirring up interest in your home, but too few buyers really take the necessary steps to make their homes buyer-friendly. For example, repainting the exterior of your home is relatively inexpensive and offers huge results in terms of curb appeal. Inside, its best to make your home as free of clutter as possible. You may even want to rent a storage space for extra furniture and items--even your closets should look spacious. The offer(s) on your home will most likely come from open house attendants. After that, your agent will be able to handle most of the details, though the final decisions on price and sale will be yours to make.

Due to property prices rising and the tight credit standards, homeownership in the US has fallen for almost 10 years, from a peak of 69% in 2004, down to a 63.5% of households in Q1 2016, as reported by the US Census Bureau.

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