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Questions To Ask When Selling a House
Selling a home is one of the most difficult and serious decisions in any homeowner’s life, even if they have sold houses before. This is a process that requires a seller to put a lot of effort into it and take into consideration numerous factors. If you are thinking of selling your home, experts recommend to ask yourself the following questions before listing your property online.
Can I Really Afford To Sell My Home?
Many homeowners do not realize that selling a home costs money. There are many home-selling expenses that home sellers overlook or forget about. Here is a list of some of them:
- Realtor’s commission. Most realtors charge a commission that is about 5%-6% of the sales price of the house. For example, if you are selling your home for $300,000, you will have to pay between $15,000 and $18,000 to your realtor.
- Staging. You do not have to spend money on staging, but staged homes are sold better and faster.
- Closing costs. You will have to spend about 2% of the home’s price on closing costs. Thus, if your home costs $400,000, your closing costs will be roughly $8,000
- Repairs. If you are selling your property the traditional way, you have to complete certain repairs in order to increase your chances of selling.
Do I Have To Disclose Any Issues With My Home?
It is understandable that you want to present your property in the best light, but you should also be prepared to disclose the flaws of your house to prospective buyers. The flaws that should be disclosed usually include facts about the existence of any dangerous conditions or materials, the physical condition of the property, lawsuits, or anything else that may affect the buyer’s decision.
Do not make a common mistake of many homeowners by trying to hide something about your home. In the vast majority of cases, disclosing the flaws of a property does not cause a buyer to back out.
What Is The Exact Price Of My Property?
No matter how priceless your home is, you need to conduct a proper pricing analysis to set up a fair price for your home. There are certain factors that you need to take into consideration, including the condition of your home and the current demand for homes that are similar to yours.
If you are not sure about the price of your property, it is better to reach out to an experienced real estate agent, who will prepare a market analysis for you.
When Should I Sell My Home?
It is very important to determine the best time for selling your home because it has an impact on the success of a sale. The best time to sell a property depends on where you live. If you are selling a home in Dallas, TX, the best month is June. Since it takes approximately 3 months to sell a home, it is recommended to list it in March.
January is the worst month to sell real estate in Dallas. Therefore, it is better not to list your home during fall and winter.
If you are not sure about the time for a home sale, you should consult an experienced real estate agent, who will help you make the right decision.
How Long Will It Take To Find A Buyer?
There are many factors that have an impact on how fast you can find a serious buyer. In most cases, you have to wait at least a few months until there is someone who is ready to purchase your home. Most potential buyers look into your listing price, the local housing market, your exact location, house age and condition, and some other factors before making an offer. In general, a home selling process requires patience, and you should be prepared to wait.
Sell Your House Fast To A Cash Home Buyer
If you think you are ready to sell your property and you want to do it as fast as possible, you should consider selling it to a cash buyer. Unlike the traditional method of selling that may take months, selling to a cash buyer is much faster and usually takes up to two weeks. Another benefit of this method is that cash buyers purchase homes as-is, meaning that no repairs, fixings, or renovations are required.
If you are selling your home in Dallas, TX, or any other nearby area, We Buy Dallas Houses is ready to help you. We buy houses in any condition and under any circumstances, and we pay you cash. Our mission is to make a home sale process for you as easy and hassle-free as possible. If you have any questions, do not hesitate to reach out to us.
