So you’re getting ready to sell your house. Just thinking about it can be an overwhelming experience.
Should you hire a real estate agent? Do a FSBO (for sale by owner) to keep from paying that big commission? Should you spend a lot of money to paint and re-carpet—at least the front rooms?
Where do you start and what can you do to make sure you attract a qualified buyer as quickly as possible?
Hire a professional
A licensed real estate agent who is successfully moving properties in your neighborhood and comes with references will likely get you a better price for your home than you could get on your own. Most non-professionals (owner sellers) end up losing more in the transaction than the commission they would have paid a professional. You want the best and most experienced representative possible to sell your house—not your friends’ nephew who’s launching a new career.
No radical changes
Should you remodel the kitchen? Replace counters and fixtures in the bathrooms? Probably not, unless those appliances or fixtures are not working. Frequently, such updates and changes done to achieve a higher sales price don’t pay off.
Almost anyone buying your home will want to make their own changes, so you are not likely to recoup that investment of time and money. Unless your licensed agent recommends major changes like a new roof or exterior paint job, hold off and put your energy into other areas.