Tips for Preparing Your Home Before You Sell
Even in a seller’s market, selling a home can be a difficult task. As a result, you’ll want to do your homework ahead of time to ensure that you’ll be able to sell your home quickly and at the best possible price. Here are four tips
for preparing your home before you sell.
1. Get the timing right
You can't always choose when to put your home on the market. However, if you do have a say in the matter, you'll want to make sure that you're selling your house at the right time. Typically, you'll sell your home
quicker and get a better price for it when the real estate market favors sellers (i.e., when homebuyers are plentiful and homes are scarce). The time of year you put your home on the market can also make a difference. Since many homebuyers prefer
to move in the spring and summer, real estate markets usually heat up in late winter and early spring.
2. Make your home sparkle
Before you put your house on the market, take some time to get it in top condition. Start by giving your home a thorough cleaning—you may even want to hire a professional cleaning service to do it for you. Next, move on to smaller maintenance projects, such as fixing a leaky faucet in the kitchen or replacing the loose tiles in the bathroom. Focus on minor, cosmetic improvements, such as a fresh coat of paint and some landscaping.
3. Decide on an agent
The majority of home sellers enlist the services of a real estate agent to help them sell their home. Real estate agents are particularly helpful if you don't have the time or the expertise to correctly price your home, market it and bring in potential buyers. More importantly, an agent will focus on bringing in buyers who have already prequalified for a mortgage, which can save you time and money in the long run. However, this expertise comes at a price—the commission is six percent of a home's sale price, on average.
4. Set the right price
When selling a home, it's important to set the right price. Your asking price shouldn't be so high that your house won't sell or so low that you'll miss out on the best return for your property. If you use a real estate agent, he or she will do most of the work for you in determining the right price for your home.
RBFCU’s preferred real estate partner, Kuper Sotheby’s International Realty, understands that your best life begins with a home. When you’re ready, we can help.
Connect with an agent and ask for details about the RBFCU Member Benefit Program.1
Article prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2019; March 2019
Calculated on up to 3% commission earned by the RBFCU preferred real estate agent, up to a maximum of a $10,000 credit. Homebuyers are eligible to receive up to 10% of the agent’s earned commission, which will be credited on the closing disclosure and applied to closing costs and prepaid items. To be eligible for commission credit, you must be an RBFCU member, use an RBFCU preferred real estate agent (Kuper Sotheby’s International Realty) and at least one preferred provider1 (Domain Mortgage NMLS# 862516, Preserve Title Company or RBFCU Mortgage NMLS# 583215), and notify the RBFCU preferred real estate agent of your interest in the program prior to projected closing date and execution of contract. RBFCU member benefit program is subject to change without notice. RBFCU mortgage loans are available only on property in Texas. Kuper Realty Holding Company, LLC dba Kuper Sotheby’s International Realty, RB Mortgage LLC dba Domain Mortgage and Preserve Title Company LLC are subsidiaries of RBFCU Services LLC. RBFCU Services LLC is affiliated with Randolph-Brooks Federal Credit Union (RBFCU).
1Buyer is required to use Domain Mortgage or RBFCU Mortgage to finance the purchase of the property; Seller is required to use Preserve Title Company for the sale of the property in order to be eligible for commission credit.
The information in this article is intended to provide general information and should not be considered financial advice. Please consult a financial professional for more information.