Questions to Ask Before Selling a Property
DWIGHT HEARD, BROKER, CRS, GRI
562-760-3130 CELLULAR
562-424-0768 OFFICE
DWIGHTHEARDREALESTATE@GMAIL.COM
Selling your property is a big financial and emotional task, which requires lots of planning. So before you decide to put your property on the market, here are four questions to consider.
What is my property really worth?
Several factors go into determining your property's market value. These include the location, condition of the property, square footage of the interior, lot size, amenities, current real estate market conditions as well as comparable properties listed for sale, in escrow and properties that have recently sold. Your real estate broker can prepare a Comparative Market Analysis Report for your property that includes a Suggested Listing Price along with an Estimated Seller Proceeds calculation.
How can I sell my property at the highest price possible?
There are several simple, low-cost things you can do to boost the value of your property. These include painting the interior and exterior, fertilizing and re-seeding the lawns, completing needed repairs, eliminating clutter, washing windows and walls, and installing higher wattage bulbs to create a brighter environment. Larger projects, like adding bedrooms, bathrooms, and renovating kitchens and bathrooms, typically yield more substantial increases in sales price. Staging your property, which helps paint a picture for how buyers will use their new space, can also add value.
How long will my property be on the market?
The time your property spends on the market depends on several factors, including location, how competitively your property is priced, and how aggressively your property is marketed. Statistics show that if a property is properly priced, an offer should come in within the first 12 showings. If you want to speed up the sales process, don’t underestimate the value of staging. Research shows that well-staged properties can sell up to 32 percent faster than homes that aren’t staged.
How can my real estate broker help?
Your real estate broker can help with all aspects of the selling process, from pricing to marketing to handling the intricacies of closing. Your broker will negotiate on your behalf to secure the best price – and quickest sale – possible. Looking for a broker who can help guide you through the selling process? Please contact us for a FREE Comparative Market Analysis Report for your property!
