Before you take out the packing tape and start selling your house, it’s important you have all the right information. Making mistakes in real estate can costs thousands of dollars, and if you want your home to get sold quickly (and for top dollar), take a look at these questions homeowners find themselves scratching their head about:
What is the most important factor to selling my house?
Though your home’s location and condition are convincing factors in a sale, I would say the one thing that trumps it all is price. If your home isn’t priced right, you could end up costing yourself months of sitting on the market or losing thousands of dollars. Pricing too low will mean you lost out on money you could have earned. Priced too high, you could lose interest from buyers. That’s why pricing right is so important in real estate.
To set the right price, consult your real estate agent and look at recent market data. From there, you can get a good estimate of where to price your home – to garner attention and earn the most money.
How much is my home worth?
Your home’s value is determined by a number of factors. These range from:
- The home’s location & condition
- In-home amenities & features
- Quality of the neighborhood
- Convenience to city amenities
- Current market trends
Any one trait could have more significance depending on the time and current demand in the area. To get an accurate picture of what your home is worth, use our free home valuation tool.
How long will it take to sell my home?
There is no set formula for selling a house, and consequently no set time. Some houses could take as little as a week while others take months. It depends on the house and the homeowner’s selling strategy. On average, for a typical 3 bedroom/2 bath house in Ann Arbor, it takes around 60-90 days to sell. Again, I’m stressing on average. The market changes daily and if you’re looking for a ballpark estimate, it’s best to talk to one of our specialists.
How can I help sell my house?
While your agent is busy marketing your home to interested buyers, your job is to keep them interested when they arrive. By that, I mean make sure your house is clean, free of clutter, and properly maintained. Dirty houses don’t sell, and no one is going to pay thousands of dollars for a damaged property. Fix any flaws and make the home decorative.
Other ways you can help sell your house include making the property available for showings and communicating regularly with your agent about sales tactics. Use their advice and listen to what they have to say. Together, you can sell your house for a great value.
Should I make repairs on my house before selling?
Yes, your home needs to be in tip-top shape if you’re looking to sell for the most value. Buyers expect a move-in ready house. If they notice issues, like chipping paint or leaky water pipes, they will be more inclined to buy another house or ask for a decrease in price. By fixing any issues, you can sell your home faster and for more money.
For More Information
If you’d like more information about selling your house in Ann Arbor, feel free to contact us with any questions or concerns.