A first-time home seller might think they’re prepared since they’ve already experienced purchasing a home.
However, buying and selling are both major components of the real estate market, but the processes are vastly different. There are some important distinctions between buying and selling that every first-time home seller in Metro Atlanta needs to know.
Find the Right Real Estate Agent
A good realtor is important in helping you find the right home to buy. But in selling, having the right realtor can make or break the sale. Don’t choose a family friend who just got their real estate license. Research agents in your area and find one with plenty of experience selling houses similar to yours and, ideally, in the same neighborhood.
Set the Right Price
Pricing your house too high has a lot of risks. If you overprice it, you’ll likely get less attention and end up reducing the price. Homes with price reductions create the wrong impression for potential buyers who will wonder what’s wrong with the house or why it’s been on the market so long. On the flip side, underpricing your home leaves money on the table. Who knew that pricing a home could be so stressful?
Overpricing their home is one of the biggest mistakes first-time home sellers make. You can avoid this pitfall by asking your realtor for help pricing your home. They will help you set the right price by analyzing comparable home sales in your area. They call this practice comparative market analysis.
Stage Your Home
Home staging is the process of cleaning and beautifying your home before selling. It involves removing and rearranging furniture, reducing clutter, painting, and deep cleaning. Staging your home can be expensive and a lot of work, but it can help your home sell faster and for more money.
Time the Market
The best day to list your home depends on your local housing market. Many factors influence the market in your area, including the weather and the time of year. The first day on the market is a big one. You want to attract interest right away. Most real estate agents recommend listing near the end of the week with an open house on Saturday to draw the most interest.
The time of year is also important. Homes typically sell best in late spring and summer, with sales waning during the fall and winter months. In Metro Atlanta, experts agree that spring is the best time to sell a house. That timing doesn’t always work for sellers though, and some will end up selling in the winter. The benefit of selling in the winter is that you’ll likely have less competition. Unfortunately, that also means the selling price will probably be lower.
Patriot Home Buyers is Here
Selling a house can be stressful, especially for first-time home sellers. Patriot Home Buyers removes the stress of selling by buying homes in any condition. When you sell your home to us, there’s no need to find a realtor, stage your home, or worry about timing the market. Simply tell us a little about your property and we’ll make you an all-cash offer within a few days. We can close on any day you choose. No fees. No stress. We buy homes in Metro Atlanta, Georgia, and the greater Fulton County area. Contact us today for your cash offer!