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Essential Things First-Time Sellers Need To Know Putting Their Home On The Market

Advice on Real Estate, Blog / Jul. 20th, 2019

If you go online, you’ll see a lot of information for first-time buyers. But, what about first-time sellers? Well, you’ve come to the right place!

It can often be an overwhelming and emotional process when you’re selling a house for the first time. So, we’ve decided to highlight some important things that first-time sellers should know if they want to put their home on the market. The best part is that this is quite useful whether you’re selling or buying a property.

  • Get Your Pricing Right

Putting a price on a house is one of the very first steps to listing it on the market. Plus, it’s also one of the most critical steps.

More times than we can count, first-time sellers think that if they overprice their house, then they would most likely get a better ROI. This line of thought is often wrong. Overpricing a house can lead to it being on the market longer than it should be. However, putting a fair price on the house is the best way to get a good offer.

Nowadays, when most buyers hunt for a new home, they stay within a certain price range. And, as a seller, you compete with lots of other homes on the market that fall within your price range.

So, when you exaggerate your selling price, you’re placing yourself in the same space with homes that probably have more to offer. This tends to throw buyers off your scent and make them go for better options. But, with the right price, your home’s best features get to shine.

Your first step to putting a reasonable price on your home should be to contact a real estate agent. They will be able to come up with a Comparative Market Analysis (CMA) that shows you how much homes in your area has been sold for, and also help you decide the perfect price for your home.

  • Staging Makes a Huge Difference

So, you’ve been able to put the right price on your home, the next thing to do is to get it ready for the market.

Staging your homes has become a huge part of the current market. Buyers would want to see what they are buying, both online and in-person. So, find out the kind of décor that would be appealing to the type of buyer you’re looking for.

However, if you really don’t know what to do with the décor, you can leave your home neutral. In this case, your home can appeal to as many buyers as possible.

  • Get Professional Photographs

Once your house is ready to hit the market, you need to take photographs of it. Now, you might decide to know your regular phone camera to get pictures, but the pictures might not turn out as appealing as you want it to be.

Before you can get a buyer to come to inspect your home, they need to see pictures of the house. And, if these pictures are of low quality, you might not get as many potential buyers as you should.

No matter how beautiful your home looks in-person, if it looks terrible in pictures, there’s a high chance that potential buyers will go for other, more attractive options.

If you want professional photographs, then go with a professional photographer. Try and see a couple of samples before deciding which photographer to go with.

Bottom Line

Putting up a property for sale on the market isn’t a day’s job; there are things you need to do before listing your home. Get the right price, make your home presentable, and get good pictures; these will go a long way in helping you sell your house fast.

1 comment

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