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Considerations When Selling Your House

18/07/2017 by Jackie Thai
home

As a homeowner, the decision to buy your house and the financial investment was one of the biggest you ever took. Thus, selling the house is not an easy decision, and as the owner of the house, your interest is to get as many returns as you possibly can. Most houses appreciate in value with the lapse of time, and most homeowners always anticipate to sell off their homes as soon as possible.

The reasons for one choosing to sell a house vary from owner to owner. The reasons range from retirements, relocating to a new city, making a profit, getting a bigger or smaller house.

Factors

Right price

condo building Is your house priced correctly? If the answer is yes in a short span of time you are likely to get a call from potential buyers who will view the home thus increasing the chances of selling the house.

As a seller of a home, you should do research on the similar house and compare the prices of such homes. The prices of similar homes can be a benchmark of the house that you are currently selling. With such statistic of other homes of a similar caliber, you will not underprice or overprice the house that you are selling.

Timing

As a homeowner, it would be to your advantage to sell a house when the economic conditions are just right, and the market is available to buy the house without delay. However, if the conditions for selling the house are not favorable at the time of sale or time of preferred sale, then the seller would be forced to wait for a for the economic factors to get better. If the property is situated, in an attractive location ten the property will not stay in the market without a potential buyer for too long.

Seasons

houseIt is simpler to sell your house during summer and spring as the house and garden are all lit and look attractive. Also during the warm seasons, people are likely to be out there looking for a house to buy, unlike the cold seasons.

Nonetheless, buyers are available throughout the year, however during summer the interest to purchase the house and the house viewings are more.

If the home is online sure to capture its most desirable features so that buyers can show interest. Display parts of the house that are inviting and warm and automatically attract the customers, such areas include the kitchen the bath areas, the garden, the balcony the bedrooms, just to mention but a few.

Posted in: Real Estate Tagged: Considerations, House, Selling

Factors To Consider When Selling Your House

19/04/2017 by Jackie Thai
house design

Selling a home is an uphill task. This is because a house is an expensive item to sell. Also from a buyers’ perspective, it is a dangerous task that should not be taken lightly. There are some factors to consider when selling a house whether you are an owner or a contractor.

Factors

Location

beautiful houseThe site of the house cannot be moved. Thus, a home that is sited in an excellent location with several key elements in a great neighborhood, security closeness to social amenities and a great view just to mention a few the better the chances of landing a buyer. Thus, a home seller you have to consider the above, and more factors in the pricing of the house about the environ also considering the economic factors, etc.

Price

The price of the house speaks volume on the marketability of the parliament and the likely hood of the house to get a buyer. The seller of the house is interested in getting the highest bidder and making the most maximum profit. However, if the asking price is initially high, it will benefit other home sellers in your region. The downside of overpricing your home is;

  • It will take time for the house to be bought thus potential buyers will think that they can get the house at a lower price as compared to the fair value because of the lapse of time.
  • Potential buyers will be put off with the price and not even bother viewing the house. This is because the price is out of the prescribed range of the house.
  • With a high price, you risk no offers or fewer offers than anticipated. Thus, a high price does not equal high sales.

Therefore, price your home in a way to ensure that you attract many potential buyers. The more customers that come to view your house the more you are likely to sell the home as the buyers will compete to get your house.

Condition

big houseA clean home that is serene and tranquil sales faster than the alternative. Very few interested buyers would get past the clutter and the marked dirty walls to striking a deal. It is difficulty to visualizer the final look if your home if the home you are viewing Is filled up and cluttered.

The market

The real estate market has several capabilities as listed below;

  • The buyers are more than the sellers thus increasing the probability of sales and driving the sales up.
  • A place where there are enough houses for the interested buyers. In this case, the pieces are fair and stable.
  • Buyers’ market where the house is more than the interested parties to buy. Thus, the housed prices go down eventually.
Posted in: Real Estate Tagged: Consider, Factors, House, Selling

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