In our most recent article, we offer tips for first time home sellers in San Antonio and beyond. Find out what to look out for before you try to sell your home!
If you’ve never sold a house before, the process can make you feel overwhelmed and confused. There is a lot to be done, and without the right people on your team, you can find yourself overwhelmed and unsure of how to proceed. There are many costs to consider, as well as delays and red-tape often caused by lenders. Below we offer some of our top tips for first time home sellers who are ready to sell their home in San Antonio and surrounding areas.
Get The House Ready
If you decide to sell the property through a San Antonio real estate agent, you will need to prepare the house for sale. This means that you will possibly need to paint the walls, replace old carpeting, upgrade hardware, replace old fixtures, get new appliances, and make any necessary repairs to the property. You will also need to clean the house and keep it that way for property showings. Your costs can add up quickly, so if you decide to hire an agent, make sure you account for the initial costs before signing a listing agreement.
Learn About The Market
When you’re selling your home in San Antonio, it’s important to know a little about current market conditions. Spend some time researching the latest trends and recent sales. Determine how much your property is really worth and how those amounts have changed over time. By having a realistic idea of how much your property is worth, you will be able to negotiate for the price you want. The best investors are out there are making it a point to learn as much as possible about the current properties for sale and what is happening in the local market.
Price Your Property Correctly
Pricing your home too much from the start will likely make you less money when all is said and done. Overpriced properties will stay longer in the MLS, have to be reduced, and lose their overall appeal to potential buyers. The house will drop lower and lower in the search results, which often makes it a bit of an afterthought for buyers looking for homes in the San Antonio area. Incorrect property valuation is one of the biggest mistakes first time home sellers make. When selling directly to Lone Star Real Estate Solutions LLC, you don’t have to worry about the price or try to determine an accurate value.
Consider Your Selling Options
There is no single way to sell your house in San Antonio. It is important to analyze the various sales methods and determine how much each one will cost and what benefits it will bring. Listings are great for properties that require little work and don’t require an immediate sale. Listing can take some time, and there are often repair, cleaning, marketing, and other listing costs. A direct sale is often the best choice for a property that needs renovation, that is burdened by liens or tax issues, or that needs to be sold within a certain time frame. Don’t feel like you have to hire and pay an agent to help you sell. In some cases, a direct sale is the best way to sell financially. Not to mention how much time you will save.
Understand The Costs
If you decide to list, it’s important to know how much it will cost you. Many people don’t consider the cost of cleaning, upgrading or repairing. As mentioned earlier, preparing real estate for the MLS can take a lot of work. You will also need to take into account marketing costs and the cost of your time. How much will the preparation and showing of the property actually cost? With an agent, you also need to consider commissions, agency fees, administrative fees, and closing costs. All of these costs can be avoided by selling to Lone Star Real Estate Solutions LLC outright.
Work With Professionals
Regardless of how you choose to sell, always make sure the people you work with are honest, professional, and passionate about what they do. If you are listing, your agent must fight for you, getting the best possible price on your behalf. If you choose to sell directly, Lone Star Real Estate Solutions LLC knows how to close the deal efficiently, making the selling process easy and convenient for you. Not all investors are the same. By working with us, you can be sure that you will receive the best treatment and the best prices possible. If you are planning on renovating the house before you try to sell it, make sure the contractors you work with are known to you or are highly recommended. You don’t want to find yourself spending money on repairs and upgrades that don’t pay off.