631-929-8400

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

Homewners Guide

Selling your Home

Selling your home may seem daunting.  It is important to have a good working relationship with your real estate agent, so find one that "fits".  Real estate agents are there to guide you through the process.  However, there are some easy steps that can help you get the maximum return on your home.

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

  To begin, you must price your home.  Your agent can research prices, look around at similar houses for sale in your neighborhood and price yours in that range.  Keep in mind that the interior and exterior condition of your home will  effect the Listing Price.  For example, if you have recently remodeled or added 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 and discuss it with you.  The final decision will be up to you, so it pays to do a bit of comparative research.

 

 

When your home is ready for potential buyers, 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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