Five Tips for First Time Home Sellers in Denver
To sell a house in Denver today through the normal real estate process, it takes a well put together team. And even then, it can be an overwhelming burden, especially if you don’t know the process and aren’t sure of the next step. Considering the amount of red tape and expenses involved, it can make any homeowner nervous.
Here, Property Scouts has pulled together some of the best tips we have learned over the years to help any homeowner that is ready to sell their home in the Denver, CO area.
Get Your House Show Ready
Anytime you list a house with a real estate agent, the house must be cleaned and purged of excess stuff. Your realtor may request you paint, update flooring and hardware, replace light and plumbing fixtures, update the appliances, and more. And you’ll have to keep it clean, making dash runs through the house picking up day-to-day stuff before a showing, and the list goes on and on. These are things that aren’t just an expense, but a hassle too!
Tip number one: Verify what your expenses will be prior to signing any agreement with a real estate agent.
Study The Market
Before you place your Denver, CO house on the market, take the time to study the housing market for your area. What are the current trends and what are houses like yours going for in the area? Times have probably changed since you purchased the house, so you need to determine if it worth the price you’re expecting. Having a realistic idea of what your house is worth will help you in negotiating with buyers to get the best price possible. You can be certain that any potential buyer has done their research and know what to ask for.
Tip number two: Don’t let it be a one-sided negotiation.
Price Your House Correctly
If a house is priced high, it will sit on the market longer and you’ll be losing money from the beginning. Because if your house sits on the MLS for several months, chances are you’ll have to lower the price to attract buyers, and a house that is reduced too far and too often begins to look like something is wrong with the house. An incorrectly priced house is the biggest reason why it doesn’t sell.
Tip number three: By selling directly to Property Scouts, a professional home buyer, your worries of the just-right pricing is eliminated.
Consider All Your Options
There is more than one way to sell a house in Denver and surrounding area and for first time home sellers in Denver it is important that you consider all the options that are available. Take the time to research them and then analyze the benefits and cost of each. If your house needs very little work done or you don’t need a quick sale, great. But if there are repairs needed, the expense and time for cleaning, marketing, and other steps can add up. But selling it direct to professional buyers like Property Scouts, you avoid all that.
Tip number four: Don’t assume that selling the traditional way with a real estate agent is the only option you have.
Know The Costs
When you choose to list your house, ask about the costs you should expect. If your realtor is going to require repairs and replacements, then you need to factor that into your expenses and deduct it from the amount you’ll get when the house is sold. Selling a house, the traditional way can require a lot of money and a lot of work, which is something that every real estate agent is not going to disclose to you. And don’t forget to deduct the agent’s commission and fees, as well as the administrative expenses and closing costs.
Tip number five: Selling directly to Property Scouts, you can avoid these expenses.
Always Work With A Professional
Regardless of the method you choose to sell your house, choose somebody you can trust to be honest, passionate, and professional. Choose a person that is going to negotiate in your favor to get you the most possible.
If you are considering fixing up your house before selling it, get reviews of any contractors you may use. You don’t want to pay money out only to end up fixing the house yourself, or not at all, and losing that money paid.
When you sell your home directly to Property Scouts, we will give you a fair cash offer and an efficient, fast closing. We make the process of selling your house as convenient and simple as possible. There are other investors out there, but not all of them work as we do. When you work with Property Scouts, we can guarantee you that you’ll get the best treatment.
We have worked with first time home sellers in Denver, CO and the surrounding area for years! Give us a call today at 866-366-4863 and let one of our representatives walk you through the process, step-by-step, answering any questions you may have.