Your home is your castle but the time will come when it’s time to move. Whether you need more room for a growing family or you’ve reached the point in life where you want to downsize, you will almost certainly decide at some point to sell your home. This is when all those years of mortgage, insurance and property tax payments finally pay off. With any luck, the home you bought for $200,000 fifteen years ago may now be worth $500,000 or more.
You’ll want to spruce your home up and present it in the best possible light as as to get the highest possible price. Most people choose to do this with the help of a Realtor, a real estate professional who knows your neighborhood and can help you price and present your home for a quick, profitable sale.
Realtors don’t work for nothing, of course. Most charge a six percent commission. This covers not just their time but also their advice; Realtors know more about the market conditions in your neighborhood than anyone and are the best qualified to guide you through the process. Like any other profession, some Realtors are better than others. You want the one who is the top seller in your area.
One way to find a top Realtor is to ask your friends and acquaintances about their experiences. Another is to look through Zillow and Trulia. Notice which Realtors seem to have the most listings of homes similar to yours. Chances are they’re the top sellers in your area, since top sellers tend to have the most listings.
For Sale By Owner
You may also choose to go it alone and try to sell your home yourself. It’s a lot of work and it’s quite possible you will end up losing a lot more than the six percent you set out to save. Realtors handle listing your home, advertising it, holding open houses, showing it to their associates and culling through their lists of clients who are looking for a home just like yours. Maybe you can do this yourself but don’t count on it.
More about Selling Real Estate …
- How to make your home seem bigger
- Adding a deck can boost home’s resale value
- 5 cost-effective improvements that can help sell your house
- House-flipping? Proceed with caution
- Existing home sales surge in May
- Zillow pays Realtors $130 million in trade secrets case
- Three contingencies that can derail your home sale
- Housing demand shows signs of slowing
- Homeowners still overestimate the value of their homes
- Increased house flipping producing bigger profits