A Plethora Of Questions In The Mind Of Someone Selling A House

The decision is made and the house has to go

The decision is made and the house has to go. There are several reasons for selling a house - maybe moving to another place, buying a better one or the worst scenario of impending foreclosure. As there are many reasons for disposing one very valuable property, there are equally too many mind boggling questions when the decision to sell has been made.

How much can I sell the house? How soon can I sell the house? What do I do to expedite disposal of the property? How is the staging process done? Do I need realtor? These are the most common questions of any house seller. These are true to life concerns - selling is a very complex process.

First and foremost, there are considerations to be accounted to make the house attractive to prospective buyers. The fact that the real estate industry is in the downtrend because of financial crisis all the more make the selling difficult. You have to place a reasonable price on the property. In doing this, you have to research on the real estate industry, as to the current prevailing price in your locality.

Increasing the value of your house would entail making a facelift on it before raising the "for sale" signage. The aesthetic appeal of the house is one big factor to sell it quickly and at a good price. And if ever you have already renovated it, you still have to tidy it up - indoors and outdoors. These are important steps in the staging process.

Selling the house can be done in either of two ways. You can do it yourself or you can hire a realtor. The latter of course will cause you some expenses, and the amount is significant. Selling a house for $100,000 will already entail an approximate additional expense for realtor in the amount of $3,000. But realtors have more connections and more expertise in house selling. So would this amount matter to you or you can wait?

But the longer the house sits in the market may seem it is unlikely to sell out. And if you are in a hurry, selling by yourself may not be a good idea. You have to decide whether the commission you will spend is commensurate to the shorter length of selling time. If you will hire a realtor, in order to fast sell it, make your contract non-exclusive so that you can also do the selling yourself without incurring expenses on the agent. This way, there is a better chance to fast track the disposal of the property.

The decision is still yours but many indeed have gone to a realtor to fast sell their properties. The expense on commission can even be upset by any increase in the pricing they may be able to put on your property.

by: alona Rudnitsky

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