The real estate market is competitive, and if you are a first-time Southern Maryland home seller, you might find the process confusing. Economists are predicting a major increase in home sales in the coming years, so it’s important that you prepare yourself to avoid potential pitfalls. If you’re not caught up with the market, now is a good time to seek the advice of a Southern Maryland Realtor so you can equip yourself with knowledge.
Here are a few tips to help you get through the process successfully.
Prepare your Home for the Market
Buyers are picky because they have lots of option to choose from. This means you may be forced to spend a little more time and money getting your home market-ready. If you can afford it, make low-cost improvements that can really increase your home’s aesthetic appeal. Do this before listing the house for sale, and you’ll almost always see positive results.
Some tasks to consider:
- Replace outdated hardware on cabinetry
- Replace broken baseboards
- Replace ripped screens
- Replace leaky faucets
- Make carpentry and masonry repairs
- Apply a fresh coat of paint outside and inside
- Clean floors and carpeting
- Replace outdated light fixtures
- Update the landscape by trimming lawns and hedges
- Renovate driveway paving
- Weed the garden
- Make necessary repairs to fencing
You’re doing all of this to make a great first impression. It matters to potential Southern Maryland home buyers
Enlist the Help of a Good Real Estate Agent
As a first-time home seller, it is important to have a professional Southern Maryland real estate agent represent you during the sale. There are hundreds of agents out there, and it is crucial that you choose one with experience selling homes.
You can easily get an agent based on referrals from friends and family, but it’s important to widen your search to ensure that you get an expert in the field. Check with local brokerages and agencies, and look online for reviews of agents.
After finding the right agent, you’ll sign an agreement with the agent and pay a commission. This contract binds you to the agent for a period of three to six months, so it is important that you have the best.
The Agent You Choose Matters More Than the Brokerage
You will only be dealing with your specific Southern Maryland real estate agent, not the company they represent. Agents are independent contractors who opt to hang their license with a brokerage firm whose culture and brand matches their business. A good agent will work with you to deliver results no matter which brokerage they’re involved with.
Understand the Real Estate Market in Your Area
Before you list your Southern Maryland home, understand the current local real estate market. Typically, some markets boom with sales during specific months. For example, the New York market records huge sales during most of the spring season. Your agent should provide this information so that you sell your home in a timely way at the best price.
Correct Pricing is Important
Price matters to potential buyers. If you’ve made major improvements but your home still isn’t selling, consider lowering the price. To come up with the correct price for your home, do a comparative market analysis. To do this, check the prices of homes similar to yours that are currently for sale as well as past home sales. This can help you determine the most accurate price for your home.
Act Fast When You Get an Offer
Don’t wait until you get the ultimate offer before you close. As soon as you get an acceptable deal, sign on the dotted line without wasting time. Don’t lose a good selling opportunity in the hopes that a better deal will come along.
Hughesville MD Homes for Sale and Real Estate Services in Southern Maryland. You now have a search engine to help you with your Southern Maryland home search! And I’m ready to provide you with a custom home valuation if you’re considering selling your home. Let’s connect to discuss how I can help you. Contact Kimberly Bean at 301-440-1309
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