After some thought and consideration, you come to the conclusion that it's now time to sell your home. However, you're wondering, among the myriad of options avalailable, which option will work best for you and your selling needs. Let me help!
SELLING YOUR HOME
A home is ultimately worth what someone is willing to pay for it. Everything else beyond that is an estimate of value. There are two main ways to estimate a property’s value. The first is an appraisal and the second is a comparative market analysis. It is recommended to do both and then to compare & contrast.
A certified appraiser performs an appraisal. This is an estimate of the value of a home at a given point in time. When an appraiser estimates your home’s value, they base in on several items. They take into account square footage, construction quality, the year the house was built, the design and floor plan, the neighborhood, availability of transportation, local shopping, schools, lot size, topography, view, landscaping, and any additions or updates.
We've all heard stories about lucky homeowners placing a "for sale" sign in the yard, opening their front door on a Sunday afternoon and receiving a full-price offer at the end of the day. If you're thinking of selling your home, you might be lured by these successful "for sale by owner" stories. After all, you reason, why pay commission to a realtor, when you could keep the profits all to yourself? But the reality of FSBO listings is far less rosy than you might think.
Most of us grow accustomed to our home's imperfections over time. A REALTOR® can see a house the way a prospect would. He or she may suggest some minor improvements, like fresh paint, new vinyl flooring or furniture arrangements that could help your home sell faster and for more money.