#MAKE THE JUMP FROM PRESELLING TO SELLNIG PLUS#

To do so, you can use tools on Zillow and Redfin, plus any information you gathered from your CMA such as the value of similar homes in your area, and from speaking with real estate agents. To calculate your home equity, first, define your home’s current value. Gains in equity come from increases in market value, improvement projects, and by paying down your mortgage while losses primarily stem from market decreases. Since it can help you buy your next home, this is one task on your home seller checklist you’ll want to check off early. Home equity is the current market value of your home, minus what you owe. Homes in neighborhoods with excellent school systems, lively communities, or thriving economies, for example, are priced higher than homes in other areas. Does it need a new roof? Are there damp spots on the ceiling? These decrease your home’s value.

#MAKE THE JUMP FROM PRESELLING TO SELLNIG CODE#

Consider the improvements necessary to ensure your home is up to code and you’ve obtained the required permits and/or certificates. When calculating the worth of your home, take an honest look at its condition. This way you’ll compare apples to apples.Ĭonsider the location and condition of your home When assessing the competition, keep in mind the details about your home including: age, square footage, amenities, upgrades, and the number of bedrooms and bathrooms. Otherwise, working with your agent and doing a little research will give you the information you need to price your home appropriately. You can splurge for an appraisal if your house is very unique (think built by hand, or a log cabin) or if you’re emotionally attached to your home. Websites such as Redfin are helpful for estimating the market value of homes that aren’t even on the market and for viewing the list prices of those that are.Ĭomparing your home to others is just one part of calculating your home’s value. Research the local housing market to see what similar homes in the area are selling for. How many homes have you closed in my neighborhood?ĭo you tend to represent more buyers or sellers?Ĭan you ensure I will be able to review all documents prior to signing?īefore jumping into an appraisal and slapping a price on your home, conduct your own comparative marketing analysis (CMA) to discover your home’s value. Which neighborhood do you usually work in?

What is your marketing strategy for my home? Will you offer virtual tours to prospective buyers? What is your average list-to-sales-price ratio? Here are the most important questions to ask when interviewing your potential agent: Ideally, you’re looking for an agent with a proven success rate selling homes in your neighborhood. You’re going to be working closely with this person so trusting their expertise is crucial. If you decide to hire a real estate agent, do your research. With a real estate attorney, you’ll be sure to have representation with high ethical standards to help guide you and negotiate through the process. This is one of the largest sales of your life. Even if you have a legal background, hiring a lawyer will give you a degree of separation from a potentially emotional experience. If you decide not to hire an agent and opt to sell the home yourself, absolutely hire a real estate lawyer. Various states have a maze of laws and regulations, and you’ll be happy to have a knowledgeable attorney on your side, protecting you throughout the selling process. Even if your state doesn’t require it, hiring a real estate attorney is highly recommended. We recommend hiring a real estate agent to help you sell your home and to give you insight into the market.ĭepending on the state and region you live in, you may be required to hire a real estate lawyer. With everything on your home seller checklist, finding the time to market, repair, and stage your home might be too much. To ensure you get the best price for your home, take care of these items before advertising your home. You might be tempted to list your home right away, but there’s a lot to check off your home seller checklist before your home even hits the market. There’s plenty to do so, let’s get jump into your home seller checklist! From hiring an agent to closing day, we’ve got you covered. This home seller checklist will keep you on track and ahead of the game. We know how stressful selling a home can be, but it doesn’t have to be confusing.

Make the jump from preselling to sellnig