Selling a house is a big task. If you want to make the home sale process easy and maximize your profit at the same time, you need to be prepared. Here is a list of important questions to ask yourself before moving forward.
1. When Is the Best Time to Sell a Home?
Even though you can sell your property at any time of the year, there are certain months and even certain days when selling tends to be much faster and easier and can bring you more profit. Statistically, summer and spring are considered the hottest times to sell. If you want to maximize your profits, consider selling in May, June, or July. There are also several studies showing that the day of the week matters too. Properties listed on Thursdays are often sold faster and for more money than homes listed on other days of the week.
2. What Is the Value of My Home?
The home value depends on several factors, including the level of demand and the home’s condition. In order to determine your home’s real value, it is recommended that you look at comparable home sales. However, it is important to make sure that comparable homes are of similar condition and size to yours.
3. Are Any Repairs Needed Before Listing My House?
Most home buyers want to purchase a move-in-ready property, meaning that it does not need serious repairs or much work before moving in. For this reason, home sellers have to make sure that their homes are in impeccable condition. They may need to make either small, cosmetic repairs or bigger renovations to make their homes more valuable and marketable. As a seller, you can also hire a home inspector, who will evaluate your property and check it for any problems and issues that need to be fixed.
4. Should I Hire a Real Estate Agent?
Hiring a realtor has both advantages and disadvantages. The main advantage of working with a realtor is that an agent will help you with listing the property, coordinating showings and open houses, and closing the deal. Moreover, since realtors have access to local market data, they can help you price your house appropriately. However, it is important to remember that agents charge about 5% to 6% commission on the sale price of properties. For example, if you are selling your home for $300,000, the realtor’s commission will be between $15,000 and $18,000.
5. What Can I Do If My Property Is Not Selling?
It is quite possible that your home will not sell as quickly as you expected. The most common reason is that your property may be overpriced for the real estate market. Revisit questions 1-4 above and make sure you’ve done your part.
You can also consider selling your home to a cash home buyer. In fact, if you want to skip all of the questions above and sell your home fast and with no hassle, the best way to do it is to sell your property to a home investor. Home investors purchase homes in different conditions and at all locations, and they are ready to pay cash.
Sell Your Home Fast to a Home Investor
If you own a home in the Cleveland area that you need to sell fast, We Buy Houses Cleveland is ready to help. Our mission is to make the home-sale process as easy as possible for sellers. You do not have to spend a lot of time talking to lenders, realtors, inspectors, or potential buyers. All you need to do is to go to our website, fill out the contact form, and wait for your call back. Then we will schedule a time to view your home, after which you will receive a cash offer. You can either accept or deny the offer. If you accept it, your home will be sold within the next few days. The biggest advantage of working with us is that you do not have to make any repairs, and we will pay cash. For any questions, feel free to call us at 216-303-8558. We are always ready to assist you.