Think You Know How to Sell Property? Read This
It’s easy to assume that because you’ve sold property in the past that you know what you are doing. Maybe you had a tricky transaction or think you secured a great price for your house. Before you go it alone again, here are a few question to consider.
Do You Have the Time?
Especially if you are selling your property while buying a new one, you’ll need to make sure you’ve allowed yourself the appropriate timeline to accomplish your goals. For instance, if you need to renovate before selling, ensure you know how long it will take to make repairs. And don’t forget juggling showings to potential buyers while working and doing everything else you need to accomplish in your life.
Will You Get Your Price?
When markets are hot, it might seem easy to make a big profit by selling your property. Do research to find out if that’s perception or actually the truth. Remember to factor all the costs associated with selling and moving. You may need to invest in repairs before you can put your place on the market. If you’re looking for a bigger place, consider the new furniture and higher utility costs.
Will the Past Repeat Itself?
Every transaction is different—different potential buyers, different property, different market conditions. You may learn from your previous sale, but that experience is not likely to repeat itself. A REALTOR® can help you understand the current market and keep you informed on the newest forms, contracts, and laws that affect the sale of your property.
