Tips For Selling Your House Fast (1 of 2 Part Series)
If you are a homeowner looking to sell your house fast in San Antonio, you can do so by following a few simple tips. The Alamo city’s market is surging as historically low interest rates and affordable prices continue to attract buyers. If you want to sell your house fast, We Buy Houses San Antonio. Here are a few tips to ensure your success.
The Price Is Right
You might be thinking that you have to update the kitchen or bathroom, and while these will certainly help you generate a higher price, the outcome is not certain. One of the most important things you can do is to price your home correctly. You can spend thousands of dollars trying to improve the appearance and allure of your home, but those improvements won’t mean anything unless your home is appropriately priced. As a homeowner, it is easy to overestimate the value of your home. Be careful, do your research, and set the right price.
Get A Professional Opinion
Meet with several real estate brokers, schedule a time to meet with them in your home and invite them to provide an opinion on your home’s value. If you really want to sell your house fast, ask each of them what price they would set the home at in order to have it sold within a reasonable time. Ask them what the typical marketing time in your market is in terms of days is “reasonable” as it varies from neighborhood to neighborhood and may be a little as 30 days or as much as four to six months, even longer in some markets. Good brokers are tuned into the local market and their initial reaction to your question should give you a good idea as to their knowledge and qualifications. Ask the brokers for the comps they use to estimate value, and why they selected this particular data. Make sure there at least three to five comparable homes that have recently sold in the area, ideally within the past three to six months. In some circumstances the data can be as old as a year but often year old data is less than ideal. Make sure ones used are similar size (square footage) and bedroom counts, similar ages and have similar features such as parking, number of levels etc. The age of the HVAC system, roof age and energy saving features such as ridge vents, low E windows and similar can also impact the price. One key take away is that many improvements do not have a dollar for dollar return when it come to price. So the new water feature in the backyard costing $5,000 may only add $1,500 in effective price and may actually discourage some buyers so it is important to consider what improvements, if any to perform before selling your home. After the best data is selected, take an average of those prices per square foot as a benchmark price and consider whether your home was evaluated accordingly. Rarely is there a perfect match so some judgement generally comes into play. You don’t likely want to be overly aggressive on your estimates and a slightly lower figure will create more interest and may, with the competition for homes in some sectors of San Antonio, start a bidding war.