If you’re thinking about selling your home it’s no secret that now is a great time to list, and while the market may be in your favor, most seller’s still find themselves wanting to sell for top dollar, and often make plans and arrangements to achieve this goal. While it may be easier to sell your home in today’s market, there are still a few things you should avoid, even if it seems like a good idea.
When it comes to renovations and home improvements you must be careful. While you do indeed want to boost your curb appeal when selling your home, huge renovations both within the interior and exterior of your home can often cost you more than you’ll receive for the home improvement during the sale. Try to stick to minor home improvements that help the functionality of the home, or regular repairs and maintenance to try and ensure you aren’t throwing money away prior to the sale.
It’s no secret that homes are selling FAST, and the Arizona market is no exception. While homes are indeed selling quickly, and often for more than asking price, this doesn’t mean that you should get greedy and list your home too high. This can cause a lot of problems with your home sale, from buyers avoiding the listing due to cost, to having to drop the price to help generate traffic, etc. you always want to ensure that you list your home appropriately.
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Don’t forget about the closing costs and fees associated with selling a home. It’s easy to think about the funds you will net from the sale, however planning for the fees is vital in understanding what your true net proceeds will be. Oftentimes sellers forget that closing costs are associated with both buyers and sellers, so banking on having $0 in closing costs during your sale isn’t realistic.
The biggest key to selling your home, even in a seller’s market, is to ensure that you are selling with not just a reputable agent, but a local agent. By doing so, you are given all the tools needed to navigate the market that is specific to your area, compare nearby comps, generate an accurate market value, etc. ensuring that the process of selling your home goes as smoothly and problem free as possible.
If you’re currently searching for a new home, if you’re ready to sell your home and want to ensure that you have a smooth selling process, or if you have any further questions regarding Arizona Real Estate, please feel free to contact our office at any time.