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Listing Your Home

Friday, July 26, 2019   /   by Dixie Simon

Listing Your Home

Perhaps you have expanded beyond your current living space, or you would like to move into a different-better neighborhood. Maybe you want to move closer to your work…whatever the reason, there are a few things to do before the “For Sale” sign goes live:

Determine Affordability

To begin with, you need to look at the principal balance on your current home. You must also figure in all costs associated with selling your home such as; repairs, your closing costs which can be average 8-10% of the sale price of your home and the expense of the move itself. 

Reviewing  Market Conditions

Evaluate your local market conditions. You are assessing the market to include the current inventory of homes for sale, the recent successful transactions, and housing prices in general. Are homes moving fast in your area? Are you prepared to move quickly should the opportunity present itself to do so? The most helpful tool in this step is to work with an Expert Listing Agent and Brokerage. They have the most current local information and experience in leveraging what needs to happen to maximize your results.

Decide How You Want to List

There are a couple of ways that you can list your home. You can sell your home yourself which is the For Sale by Owner Model, or you can enlist a real estate agent. There are pros and cons to both; however, unless you're familiar at selling homes, it almost always makes financial sense to work with an expert in the industry. Statistics show that homes listed and sold by agents typically get a higher price and the house is on the market for less time. Your Agent is also well trained to help determine the best value and pricing for your home, they do the marketing, plus they are your advocate during the entire process. Plus, plus...They can manage showings. This is very time consuming and emotional for the owner. People like to pick apart your home to try and dicker' with you as the owner on price and it is so much better to shield yourself against that emotional abuse. 

Preparing Your Home

It is essential to put your best foot forward when wanting to sell. Pre-inspect your home inside and out for areas that need a little TLC and "beautifying." Look for other areas of upkeep such as needed repairs, and general maintenance you have put off. There are always areas of improvement. Simply washing the siding and painting the trim can make a massive difference to the curb appeal of the home. 

Important Tip

When your potential home buyers walk into your home, and it is filled with all your memorabilia, pictures and "brightly-colored" walls, it can be tough for them to see themselves in your space. You want to catch the eye of as many buyers as possible. The best action is this: DECLUTTER, THINK NEUTRAL, MINIMIZE ALL FURNITURE AND PERSONAL BELONGINGS. STAGE TO BETTER SHOWCASE YOUR HOME'S ASSETS. Make it as inviting as possible. Landscaping and curb appeal is essential too. Even little things like a couple of brightly colored potted plants on either side of the front door, etc. can make a huge difference. 

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Feel free to contact me anytime and in whatever way is best for you; Call, Text or email and let's visit about the process. It doesn't have to be painful but it is stressful and I love handling and negotiating these stressors with and for my clients. 

I look forward to visiting when the time is right...

Dixie Simon
Phone: 509-385-4441

E-Mail: dixie@havenrealestategroup.com

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Haven Real Estate Group
Cambria Henry
304 W Pacific Ave; Suite 360
Spokane, WA 99201

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