Before calling a Real Estate Agent there are a few things you may want to consider. Having financial documents will enable you to sell your house fast. Although, selling your house relies on multiple factors like the condition of your house and your financial situation. Make sure your first impression isn’t a weak one as a poor appearance will draw potential buyers away. Hence, do these 5 things before calling a real estate agent.
Acquire Pre-Approved for a Mortgage
The first step before you contact a real estate agent is to look for available mortgage options. Several factors like price, interest rates, term, etc. decide the type of mortgage you may afford. Additionally, being pre-qualified for a mortgage is different from getting a mortgage pre-approved. As both processes involve evaluating income, assets, and debts, only pre-approval needs an official mortgage application.
Examine the Market
A pre-approved mortgage is the only component on which you can research potential houses in a specific price range. In case you’re selling the house you will need to examine the market for homes that are similar to yours. Furthermore, when you research real estate ads both online and in print, you’ll only know about the asking prices. Here, a real estate agent will tell you about how long the houses have been sitting in the market, their prices, and closing costs. Keep in mind to not fall in love with any property yet. By the time you are ready to buy that property, it might have been already sold.
Declutter The Space
All home sellers by now know how important it is to showcase the potential space in your house. Although, it is also important to declutter your house before showing it to the real estate agent as well. Preparing your home for real estate agents before walkthroughs is vital as it helps them to see the full capacity of your property. This will make your property appear more attractive to buyers.
Keep Your House Spotless
A clean and tidy house shows how much you care about and maintain it. Also, a clean home can result in a faster sale. Little things like sorting your mailbox, cleaning doormats, mowing the lawn, cleaning windows, and properly lighting our day-to-day chores. Doing them at once can work in favor of your home selling process. Furthermore, these things are highly noticeable by buyers so, it’s best to do it beforehand than do it later. Additionally, a clean bathroom is a factor that speaks a lot about the homeowner. Spotless shower cubicles, tubs, and tiles are essential bathroom etiquettes that one must follow whether you’re selling your house or not.
Explore Potential Agents
Going with the first real estate agent that pops up on a Google search can be a bad idea. Doing thorough research and finding an agent that suits your needs is ideal. Commence the search by asking for referrals from people who recently shifted to the neighborhood. You can also bounce on several online resources for the same.
You may have to look for a real estate agent with experience and who has a large contact base. Remember, real estate agents usually charge around 7% of the closing price on the sale, so make sure to do research beforehand.
Bottom Line
You may always feel a need to hire a real estate agent for selling or buying properties. If you are someone who cannot afford to pay the heavy prices of hiring one then, you can contact Elite Properties. We buy houses in any condition and provide a no-obligation offer. We buy houses as-is which means you naturally avoid the extra costs associated with home improvements. Call us today at 917-722-1272 to know more about a fair cash offer.
Are you thinking about selling your house fast? Consider staging, a hassle-free way to lucrative sales and no additional costs to pay. Staging is all about making your home more presentable and enticing for prospective buyers and you don’t even need a professional hand to stage your home. You can do it yourself in the way you would like it to be. It is a great way to eliminate clutter from your home and make it look spacious and attractive without spending dollars.
Buyers are peachy keen observers, they judge your home in a jiffy with just a single look, which makes it extremely important to stage your home properly. A simple symmetric alignment of furniture or cleaning up the clutter can make a big change in the appearance of your property. Staging makes a big difference in the margin of the sale, learn how staging helps in selling your house fast by following effective tips.
Cleaning Is a Priority
Cleanliness is godliness, we are very thorough with this phrase, but we often forget to apply it when it comes to staging a house. Cleaning is an essential tool to sell your house fast and make buyers believe that you believe in hygienic living. The kitchen and bathrooms should be at the top of your cleaning list, a clean bathroom will always get bonus points while selling your house. Put room fresheners (mostly flowery smells) clean the dirty stains in the kitchen and bathroom and you are good to go.
Decluttering Of Personal and Unwanted Items
A process that comes in extremely handy while de-cluttering is the “TDS” process. TDS simply means “Toss,” “Donate,” and “Store.” While staging your house, you could go through some massive mess, and decluttering takes forever. You can use the TDS method to get things sorted and sell your house fast.
For example: Toss the used items like clothes, random junk, or e-garbage and donate them to the one who needs them, or hosts a garage sale and sell it for lowballed prices.
Rest, store the things that you really need. While removing the clutter from your storage make sure you throw, recycle or sell the unwanted items to make space for the important ones. Store your items in a fashion that they are not visible to prospective buyers.
Add Color / Make Use of Dead Spaces/ Accessorize Rooms
While adding a touch of fresh paint might sound expensive we will tell you how to paint walls on a budget. First scrape off the shabby paint from the walls with the help of a sand paper then add a coat of primer and two coats of paint by yourself. By doing this you are straight away cutting of the costs of hiring a painter plus, you can paint the walls according to your choice. Utilize your living room and use the dead wall as your center of attraction. Painting just the dead or the central walls will immediately give a pop of color without doing much work.
Tip: Try using neutral colors that will be loved by both genders, keeping dominant and gender-specific colors slash the attraction of a potential buyer.
If you have dead spaces like lobbies, niches or window corners make use of it. Try arranging low-height seating around the window, and add coffee tables in the niche of your living room. Doing just a little as this will potentially maximize your sale. Buyers love to see how each space can be used to get the maximum use out of a room or house that they are paying for. Accentuating the dead areas and making them livable will provide you with a hefty gain.
Accessorizing interiors can change the aesthetic appeal of a house completely, which also helps in selling your house fast. You don’t have to buy expensive handicrafts or décor, just cleaning the chandeliers till sparkly clean and adding fresh flowers in the flower vase will do the trick. You can also switch the bright white lights with yellow-toned lights or hanging lights to give a sense of warmth.
Let Natural Light In and Update Upholstery
Cleaning the windows can work its magic. While a walkthrough makes sure all your windows are open in the daytime to let the natural light in. Letting sunlight in makes the space look bigger and wider.
An important point is to clean your upholsteries and draperies. Give a quick wash to your curtains and upholsteries to enhance the appeal of your house. If you have two or more sets of upholsteries and curtains try making a subtle combination of them. Strike a balance between the paint and furniture that will complement and complete your home’s look.
Trim the Extra Greens and Rake the Spaces Outside
Whether you have a porch, a front yard, or a back yard it is important to keep it clean and pleasant. Rake the leaves and cut off the excess growth of plants. Put welcome mats on the porch, add hanging plants on the door and keep away the litter box if you have pets. Doing this will make your buyers feel special and welcomed.
Increase the Curb Appeal / Make Required Improvements
A quick look from the outside makes the first call for walkthroughs. Buyers often focus on the outsides of a place to finalize a walkthrough. Luring your buyers with appealing exteriors is a must, but how? First off, get rid of the dull painted exteriors. Add big and bold hanging house numbers, get the porch sparkly clean, clean the windows and mow the lawns. These are some points to consider to increase the curb appeal of your house.
If your home is pretty and not functional it’s not worth buying. A buyer might give up on looks for once but not the functionality. Take measures to constantly check your HVAC systems, sewage tanks, water pipes, toilet and bath fittings, etc. to avoid last-minute repairs.
Keep Pets Away, Add Scents to Cover the Odor
If you have pets at your home, try to keep them away from buyers. We comprehend pets are an integral part of your family, but some people might not be pet lovers. Some buyers can be pet friendly while some pet allergic. It is your due responsibility to keep them away until the house tour is complete. It is not just the pets but their litter boxes and food plates that need to wipe out for some time.
Sell Fast for Cash
Everything boils down to selling your house fast which provides you with plenty of profit. If you think the traditional way of staging and selling is too much, you can contact buy houses for cash companies like ‘Elite Properties. They will buy your house in any condition and propose with an all-cash offer post which they stage your house and sell it further to prospective buyers. If you are residing in New York and want to sell your house fast without the hassles of staging and preparing your home for market get in touch with us. You can contact on the given number here 718-977-5462 and they’ll do the rest.
Relocating and selling your house requires time and these situations often occur when you are falling short of it. If you own a house and are relocating to a new area, there is a lot of pressure coming your way. In the following blog, we will be explaining the options to consider when selling your house while relocating.
Reason for Relocation
As stated earlier, the reasons for relocating and selling your house are infinite. In the majority of cases the reasons for relocating are due to the change of occupation, being promoted, new job opportunities, transferred or deployed overseas, etc. There could also be other reasons like you are going through a divorce and do not wish to keep the property anymore. Else, post-divorce you got the house in alimony, but wish to sell it for gaining financial stability.
Ways to Sell Your House Fast
Relocating is a very stressful phase for a homeowner. There are multiple ways to sell your house, which have their own pros and cons. Moreover, there are multiple factors involved in the home selling process. Factors like if you are capable of paying two mortgages at once? Do you have enough equity? etc.
Given below are some of the ways to sell your house –
• Rent Your House
If renting is on your mind, then read this before you proceed. Although renting sounds like a great source of passive income it also comes with liabilities. Renting your house means investing an ample amount of time in preserving the property and managing it. If you are a truant homeowner renting your house turns out to be a mess altogether. You’ll require money for improvements, you’ll need a person always available to satiate your concerns about the property’s issues like painting, plumbing, power supply, etc.
You will have to apply for homeowner’s insurance, which is 25% more than classic home insurance. Additionally, you are also liable to pay the capital gain tax on the basis of your rent. Briefly, it will cost you money and time with added risks.
• Bridge Loan
A bridge loan will help you in the current situation. A bridge loan utilizes your current property as a security to finance your new property, away from the state. It is typically sanctioned in the span of 6 months and holds a higher interest rate than an average loan. Here, you can purchase the new property, sell your old house later, and collectively pay off both mortgages.
As it sounds like a robust solution for your problem it also has a disadvantage. The drawback of a bridge loan is that your property should be lien-free and your credit score should be positive.
• FSBO (For Sale By Owner)
FSBO (For Sale By Owner) is a mandated way to list your property on market for sale. You have to prepare your house in regard to the repairs and upkeep. Post preparing the house you have to market it. You can do it yourself or hire a real estate agent. Your home will require a detailed description and pictures of the property for listing. Besides, you can advertise your property locally by printing flyers and posting ads in newspapers. You’ll also have to schedule walkthroughs for potential buyers. All your transactions will need legit proof which you can’t run away from.
By reading the above you might have understood this is not probably the solution you are searching for. Opting for FSBO will request a lot of time which you are lacking currently.
• Sell Home For Cash
If you are in a situation where you have to buy and sell the property at the same time, then selling your house to companies that buy houses for cash is the best option for you. ‘Elite Properties’ is a company that states ‘we buy houses all cash’, you can also sell your house within 3 days in any condition to them. Selling your home as is to a cash buyer will directly cut down your time and take you away from all the hassle of legal processes.
Last Words, Before You Sell Your Property
In the blog above, we have briefly mentioned the possible reasons for relocating inclusive of the methods to sell your house. We hope the specified ways would aid in selling your house fast. Whatever your problems are, there is always a solution to them. If you are living in New York and want to sell your house reason being relocation, you can get in touch with us by calling on this number 718-977-5462. Rest assured we’ll provide the best solution for your real estate queries.