Selling your home comes with its own rules, strategies and emotions, just as buying a new home does. With the steady market in the Garland, Rowlett and Rockwall areas, it’s tempting to sell your home now if you’ve even been thinking about it. Here are a few ways to avoid having seller’s remorse and have the best sales experience when selling your home.
Don’t Overlook Your Pricing Strategy
You might have mixed emotions when selling your home, and it can be frustrating if you go into the experience without having a pricing strategy. This would include knowing what your home is worth, as well as the value of every update and improvement that has been made. It also includes having a good idea at what price and where comparable homes in your area are selling. The Garland, Rowlett and Rockwall areas have been experiencing positive growth over the past few years, which could mean that where your home was valued last year might be different today. Having some knowledge about the flow of the current market can give you a head-start to making a great sale.
It goes without saying that setting the listing price is a very important factor to discuss with your agent. Therefore it makes sense that you choose an agent who is knowledgeable about your area and the type of home you have, and one who is experienced enough that you feel comfortable working with them.
Don’t Overlook Your Post-Sale Plan
In a best-case scenario, you would have a buyer the first day, who offers your list price and is willing to have the closing any time that is convenient for you. However, most times there is give and take regarding the price as well as the closing date. As a seller, you should prepare to be as flexible as you can with regard to closing and move-out dates. When you put your house on the market, it is a possibility that it could be snapped up the first week. If you are not prepared or able to move out quickly should that be part of a good offer, you could lose out on that prospective sale.
Be prepared for negotiations with potential buyers and be ready with a place to go should the need arise.
Don’t Overlook Concessions
When you receive an offer from a prospective buyer, there will often be additional items, or concessions, that require some negotiation. Buyers may ask you to leave draperies, appliances or even furnishings or specific fixtures and decor. Being open to leaving any or all of these kinds of items behind when you move will allow you more flexibility in considering the offers you receive.
With the housing market still doing relatively well in the Dallas-Fort Worth area, the current value of your home might tempt you into selling. However, if you are not completely sure because of financial reasons or otherwise, it’s best to wait until you are ready. It’s also a good idea to talk to your real estate agent to find out what you can expect throughout the sales process, so that when you are ready, it’s an easy decision to make.
If you would like some help with selling your home, or buying your next one, I would love to help. Please give me a call at 214-642-1375 or complete my contact form here.