I want to sell my house in Belvidere – so where do I start? Well let’s get into this topic so you can sell your house as quickly as possible.
So I want to sell my house – where do I start? Perhaps a new addition to the family, you need another room, maybe the kids have gone off to university and it’s time to begin to downsize.
Well as these changes have come about in your life and you’re considering the next step, the first step you need to take is to make sure you get a good realtor to help you in this process with selling a house fast in Belvidere.
There are a number of ways you can go selling a home.
One way is you can ask a friend or a family member that has dealt with a realtor recently and go with a referral like this, another way is just to call a few of them and interview them and just see if there’s a good connection between you all, but whatever you decide and however you go about this process, it is important that the realtor you find is a realtor who can aggressively market your home.
Sell My House Quickly - Is it Possible in Today's Down Market?
Now you can put it on an MLS which is a multi listing service, your Realtor will help you do that, that’s not a problem.
We will all do that and just wait for the right kind of traffic to come across this and there you go, you’ll find somebody that may be willing to put down what you want or enter into negotiation for that house that you’re going to sell fast in Belvidere.
But if you find a realtor who does more than this, a realtor who aggressively markets the house with various forms of media, that house is going to sell, and it’s going to be at the top of the pile and getting more traffic than homes that are just listed and using the old school method just waiting for traffic to go by and hopefully you’ll find somebody who will match up with the property well.
How To Sell Your House Fast in Virginia - Why Is My House Not Selling?
So choose wisely, make sure that you have a realtor who can do good marketing for your home.
So once you find your realtor it’s important to spend some time to speak to your realtor about your home and how you can better present that home.
You know today many people watch real estate programs on HGTV and various other stations and of course their expectations as a result are very very high. It’s ok that you want to sell my home as is in Belvidere.
Talking about Model Homes and Selling Your Home Fast
Also many go to new builds and in those new build sites they have model homes and these homes are done immaculately so obviously their expectations are very very high.
But if you take the time to just walk through your home with your realtor, this can be very helpful. You’re almost ready to Sell Your House Fast!
If you do an assessment room by room you’ll know exactly what to take care of and this doesn’t necessarily mean that you’ll have to break the bank in order to do expensive remodeling or expensive staging of your home.
Just taking a little bit of time to take care of this in a good way with your realtor can make all the world of difference and get that home sold right away in Belvidere!
In the description to this video you’ll find a link to our PDF on ‘How to Prepare Your Home for a Successful Sale’, this will really help you with this step.
How much does it cost to sell a house in Chesapeake?
Remember, it’s very difficult to change a first impression.
One of the most important things to get right is the pricing because you have to know that you can Sell My House Fast in Chesapeake or any area in Virginia.
Pricing your home right will determine whether or not it is sold quickly or it sits on the market.
Selling house is a very intricate process that needs a lot of understanding in the field of real estate as well as patience. If you think buying a house is a much difficult process than selling one, you are mistaken. This is because selling a house is an equally complex process, where several factors need to be taken care of at once. Starting with fixing the interiors and exteriors to finding the right buyer who can pay the right price, everything needs to be in order and as preferred for the deal to take place.
An Investment That’s Worth It
The real estate market is one of the most lucrative markets in terms of investment, because the kind of returns that the real estate market is known to give, other investment tools can rarely match. Whether you have an investment property that you want to shell out or want to sell off your current residence, looking for a price higher than the current market price is a common goal for most of the sellers. And, to an extent, this is legitimate as well because the price of the real estate property is going to increase with time anyway.
This gives the feeling to the sellers that their asking price should cover at least the next few years’ going rate. If the property is nicely and centrally located in a popular area, has sufficient space, is well designed, have all the basic amenities in place, is well maintained, and all the paper works are in order, asking for the higher price shouldn’t pose any problem during the selling process. In popular areas, there is always a high demand, and thus, finding the right buyer who can afford to pay a bit of a markup over the going rate should not be a problem.
Why You Should Look For Higher Price
Looking for a higher price is a common thing in the real estate market, whether it is the real estate agent or firm who is doing the selling on your behalf or is it the seller himself. To an extent, it is this practice of increasing the selling price considerably and frequently for just about every sale and every property is what has led to an overall boom in the real estate market. The reason why you should look for a higher price too is that it not only helps get you better returns on your investment but also helps sellers to pay for the ad hoc expenses during selling without having to compromise on their original asking price.
Things To Do To Bag A Higher Price
Even if your house is situated in a nice area, it is not always possible to bag a good price, because of buyers apart from considering the area, also considers many other factors. How is the house maintained? What are the problems that the house is facing currently? What are the fixes that need to be made? What fixtures need immediate attention? What would be the cost to repair and fix the problems existing in the house? Does the house need a paint job? And, so on.
These and similar factors would be considered by the buyers, and if your house is not well maintained, then forget about asking for the higher price than your house is worth, you would face a tough time asking for the current market price as well. This is because the aim of the buyers would be to cut out the repairing and fixing costs of the house from the asking price. To ensure that you are able to bag a higher price than your home is worth without having to struggle too hard, you need to take care of several factors –
- If your house is old and it shows, do a paint job on the interior and the exterior to give it a new and fresh look. The idea is to make your house look attractive, both from the inside as well as outside to make the buyers with deep pockets fall in love with your property.
- Check for the fixes to be made in your house, whether it is your driveway that needs to be maintained, garden that needs to be mowed, washroom fixtures that need to be replaced, kitchen fixtures that need to be repaired or replaced, any electrical or water leakage that needs to be taken care of, and so on. Make sure that the house is in ready to move in shape so that the buyer does not find any fault or reason to compel you to drop the price.
- Take attractive pictures of your property and post it on the internet on real estate buying and selling sites. Good high-quality pictures would attract more buyers, and more buyers would automatically help in increasing the chances of getting the right buyer.
- Negotiate smartly and smoothly whether it is a real estate agent or the buyers. Do not sound or look like you need to sell the house urgently or you are in dire need of the money you will get by selling the house, even if that just might be the case. Desperation is an easy giveaway, and the smart buyers would easily read between the lines and try to take advantage of your financial situation to lower the asking price.
These are the few things you should keep in mind and do to get a higher price than your property is worth. It would need some research, effort, money, and time to get things in order, but it would be worth it. These few changes can drastically increase the price of the property.
Do Your Research
Before you go in to sell your property, you need to do your research about the current market price in your area. What are the prices other similar houses in your area are bagging, what the asking prices for similar properties in your area are showing online, what are the advantages that your house has over other properties that can help bag you a higher price, and so on. Researching would help you give the knowledge about the property and also help you negotiate well during interaction with the agent or the buyer.
Also, make sure that all your paperwork is in order, all financial obligations over the house are cleared, and all the dues are paid such as house tax, electricity bills, and so on. If there are any legal disputes over the property, make sure to get rid of them before you considering selling the property. You should also consult with the real estate agents and firms in case you have any doubts about the going rates, and can ask them about what can be done to get a better price.
How To Market Your Property To Attract Right Buyers
Marketing needs to be done in the right way to attract more buyers. In the otherwise case, even if your house is well maintained and in good condition, there would be lesser numbers of buyers coming up and showing interest. You need to market your property well to reach out to potential buyers who can afford to pay the price you are looking for.
Most of all, when you are looking for a higher price than what your house is worth; you need to have a lot of patience. It will take a considerable amount of time and effort, but the wait would be worth it. Sometimes finding the higher price is not a difficult task, and sometimes it can take longer. In any case, you need to stick to your price once decided to be able to get it, even if it takes a long time.
Images source: Google, copyright-free image under Creative Commons License
Premium Image source: Bigstockphoto
The pricing of your home must reflect the true market value.
You know today many people have access to a lot of applications that help them see what’s on the market in a particular area, to know the homes that are there and what they’re being sold for, so it’s important that you do a little homework yourself, get informed of the market area where your home is located, find out how much the homes are being sold for in that area, but most importantly here is where you’re agent, your Realtor is so important in helping you get Cash for Home Fast.
You know yourRealtor is very informed of the market area, I mean this is what they do for a living day to day, they will be able to get the home priced right.
This is a very common situation, these days; and it will become an epidemic.
There are millions of adjustable rate and Option Adjustable rate mortgages that will be "resetting" to a normal interest rate as their "teaser rates" expire over the next couple of years.
This will put severe financial pressure on families who were able to buy their homes only because of those artificially low payments in the first place.
Many will be unable to refinance or even sell their homes because of the looming glut of homes on the market and the stalling of price appreciation.
Many of these people have little or even negative equity in their homes, which compounds their difficulties as realtors will not list their homes, as they see no way the home owner can pay their commissions.
These people also have little to no flexibility to reduce the price of their properties because the mortgage payoff and the closing costs will require them to bring cash to the closing to buy their way out of their homes.
Also, these homeowners will have a diminished fervor to stick it out through the hard times just around the corner if they have no equity, abandoning their homes and adding to the greater problem.
The ultimate nightmare is for people in this situation to be forced to sell their homes for financial reasons. They are headed straight to financial ruin; bankruptcy, foreclosure or both.
Selling a house is a Marketing problem. If I recall from Marketing 101, a product will be successfully sold when you position it as the most competitive product in front of the largest possible market. Painting the porch is not going to make your house the most competitive; everyone else is painting their porch too.
What if you could offer your house for sale and the buyer did not have to qualify for a new mortgage, do you think that would make your house stand out from the rest of the competition? This one change would also double or triple the size of your potential market of buyers. There is a "shadow market" of people who would love to buy a house like yours only they will not or cannot go through the "inquisition" of being qualified for a bank mortgage. These people include small business owners, self employed professionals, including real estate investors; foreigners and, yes, those with stinky credit!
They have the cash to put down and the ability to carry the payments, they just don't want to hassle getting a mortgage and they will be very grateful to be given the chance to buy a property with no bank involvement. How grateful? We have found that they will jump at the opportunity, pay 15-30% more than the appraised price of the property and will also pay a higher monthly payment as well, which can spell P R O F I T in addition to a quick sale at or above market value. There is only one way that will allow you to sell your home without paying off the mortgage and that is with a properly structured land trust. The trust will prevent the bank from foreclosing on your mortgage for violating the due on sale clause.
An added bonus is that when you sell the property in a land trust, there is no tax due on the gain; especially important if it is an investment property or a residence that has appreciated beyond the statutory exclusion of $250 or $500,000. Now, you can sell your property quickly, take a nice down payment, receive hassle free monthly payments; in excess of your mortgage payments for years and possibly another lump of cash when the buyer sells the property or refinances your mortgage. I say, "hassle free" payments because you will have no tenant, toilet or trash responsibilities to the new buyer. You don't call the bank that holds the title to your car if your water pump fails, do you? This has been the way out for many of our clients who were trapped in their homes and can work for you as well. Discuss this option with your realtor or lawyer.
What All Millennial Home Buyers Should Know
That price will reflect the true market value
If your home is sitting way too long on the market, what’s going to happen is that a prospective buyer is going to start to think, hey what’s wrong with this house, why isn’t it selling and these questions are going to really cause traffic to diminish. It’s tough to simply want to Sell My House Fast and expect to have eager buyers wanting to pay Cash for Home Fast too.
Research shows that between the third and sixth week of the marketing process that’s when the most potential buyers are attracted, so it is important that, first your home has the right pricing and second that there is good aggressive marketing behind it.
You want to maximize traffic that’s going to view your home, draw them in to visit the home and put an offer on that home.
As I mentioned earlier, the visual presentation of your home is very very important.
You know first impressions are very very hard to undo so you always want to create the best possible first impression.
For this reason I don’t recommend that you do mobile phone pictures.
Get a realtor who is going todo professional quality pictures.
You know today on search engines when people are looking at multi listing services and they’re viewing the pictures, usually when a picture is presented if it’s of poor quality they’re probably only going to view the first few pictures and they’re gonna move on to the next property, and this is something you don’t want to happen to your property.
Getting good quality pictures will keep them glued to that screen and they can really consider your house the way it should be considered, and actually today even video production is a very important part of the marketing process, so if your realtor is able to produce a video for you, this is ideal.
You know this will really maximize the amount of eyes that will be looking at your property and considering it for the next purchase.
When it comes to marketing your home, gone are the old days of sitting in the backseat of your real estate agents car or following along behind and looking at multi homes.
Today the Internet has changed the whole experience for good.
Today people are on multi listing services, they are also watching videos that are aggressively being marketed through social media, so it is important that you’re estate agent, your Realtor is up-to-date with all the modern modes of marketing, so make sure you make this one of your criteria in choosing your real estate agent.
That way the right kind of marketing will be put forth and experience maximum exposure of your home and really entice those buyers to come and put an offer on your home and get it sold quickly.
If you found this video helpful, please subscribe, we’d love to have you on board with us, we have a lot of helpful videos coming out that will have information that you’ll find useful whether you’re a buyer or you’re interested in selling property.
Also share this with a friend and leave a comment in the comment section, also if you’d like to call me, call me at the number that you see below, I’d love to hear from you and talk property with you, also remember that there is a PDF thereon ‘How to Prepare Your Home for a Successful Sale’, anyway, until next time, all the best!.
Sell My House Fast For Cash – Can I Do That in Belvidere?
How much does it cost to sell a house?Well that's what we're talking about today and we are starting right now.
Hey everyone, welcome back to my channel.
My name is Karin Carr and I'm a Realtor® in Savannah Georgia with Keller WilliamsCoastal Area Partners.
If this is your first time visiting my channel go aheadand hit the subscribe button and click that little bell for notificationsbecause.
you know, you're awesome and I'm awesome so let's be awesome together.
Sohow much does it cost to sell a house? Assuming that you are going to hire areal estate agent these are the typical expenses that you're going to incur.
#1: you're going to pay the commission to the real estate agentsinvolved in the transaction.
You hire an agent and you agree to pay them Xpercentage of the sales price of the house.
When the buyer comes along if theyare represented by a different agent your agent pays that person.
Now I'vedone a whole other video about where the commission goes.
If you're interestedclick that but just know that we do not keep the whole thing ourselves.
We aresplitting it with the other agent, we are splitting it with our brokerage, we arepaying all of the marketing expenses, so don't go thinking that we're allmillionaires because that's not really how it works.
#2: you will have to pay the property taxes for the time that youlived in the house.
After the property changes hands the buyer will pay that.
Ifyou've already paid your property taxes for the whole year then from the date ofyour closing to the end of the fiscal year you're going to actually get arebate because you've already paid those property taxes and the buyers should bepaying them.
So you'll get money back.
In the Georgia market it's very commonthat buyers ask you to pay their closing costs or at least a portion of it.
Wehave a lot of first-time buyers and nobody puts 20% down any more.
I meanpeople don't have $100,000 just sitting in the bank waiting to buy a house as ageneral rule, so they may ask you, "Hey can you chip in $3,000 towards my closingcosts?" They will probably also ask you for either a home warranty, a termitebond, or both.
As you know living in Georgia there are two types of houses -those that have termites and those that don't have termites yet.
So we typicallylike to have some sort of pest control plan on our homes so that that doesn'thappen.
When the buyer comes along they'll say, "Hey, I want you to transferthat termite bond to me so that I can live in a house for the first year andnot worry that the house has termites or is going to have termites very soon.
"Now let's say the buyer moves in and the first Thanksgiving that they have alltheir family come to visit the stove breaks.
Yes, this actually happenedto one of my clients.
The home warranty company comes and if they can't repair thestove they buy them a new stove.
So it's a great thing for the buyer to make surethat they're not going to have any unforeseen major expenses the first yearthat they live in the house.
A home warranty is typically somewhere around$500.
Now if you decide to sell your house for sale by owner you will not bepaying the real estate agents commission.
Instead you're going to be paying forall of the marketing of your home.
Just a for sale by owner sign inyour front yard is probably not going to get the job done.
The people that buy forsale by owners are looking for a great deal so they're gonna come and offer youfar less than the actual market value of your house as a typical rule.
You're going tobe paying for the photographer, for the video, for the drone photography, for alladvertising, you're gonna have to put a nice sign in the yard, you're going tohave to show the property every time somebody calls you to make anappointment.
So the money that you save in the commission you're going to beincurring a lot of additional costs in marketing and in time, where it's gonnabe all on you.
You don't have an agent who's doing all this stuff for you.
Sonow you know how much it costs to sell a house but do you know what your homeis valued at? Do you know what your market valueis? It's not enough to just say oh the house down the street sold for blah blahblah.
Because half the time your neighbor might tell you, "Oh we sold it for300,000!" But they actually sold it for $289,000.
I'm just saying sometimespeople have the tendency to exaggerate just a little bit.
So if you'd like tofind out what your home is worth because you're thinking of selling in the nextsix months or so, click this link.
We would be happy to do a freeno-obligation home valuation analysis for you so that you can really sit downand say, "Okay, if I sold how much money could I expect to make?" Because that's abig factor in deciding is now the right time to sell or should I wait a year ortwo? Thank you so much for watching and I will see you on the next one.
BLOOPERS:So now youknow how much it takes.
there are two types of houses - those don't havetermites now and those that have.
Love and Real Estate
It is not easy to sell your house in today's market as prices are plunging. If you ask for the price that was six months ago in the market, you're going to turn off your potential buyers. Instead, price your home by looking at similar houses currently on the market. Also see those homes which are not selling. Chances may be owners might have priced their dwellings too high. If you want to sell your house, you should under price your house by just a hair.
Hire a home stager who will guarantee a quick sale. Home staggers will do anything from removing the clutter to rearranging the furniture to rent all new furnishings. Staged properties are sold much faster and at a higher price than any other property. There are some inexpensive tricks that homeowners can do on their own to attract buyers. Your house space should be open and clean as far as possible. Remove all personal items that may make it more difficult for someone to imagine living in your house.
A house that is free of repairs will sell much faster than one that needs pricey repairs. It would be better if you inspect your house before you put it on the market for selling it. Make an online listing of your house. Nearly 84 percent of people start their real estate searches online. Buyers don't like to waste time visiting anyone's house, they just like to see some photos so that they can know whether they would select your house or not. If you want to sell your home fast include a video tour of your home in the real estate searches online. Hire a professional photographer who would take half a dozen photos that highlight your home's best features. Take a snap of the outside on a sunny day, one of the kitchen, a bathroom, dining room and a bedroom. It is important to include several pictures in an online property ad.
Since selling a home has become very difficult, sellers are offering many incentives to buyers such as paying for the closing costs or points on a mortgage. Consider replacing draft windows with ones that are energy-efficient. If you install a 40 inch plasma TV with a surround sound stereo system in the living room, offer to include it with the house. Don't try to sell by a certain date. This adds unnecessary pressure to sell and can cost you thousands of dollars off the asking price.