Think back to when you were a first-time home buyer. Were you excited but overwhelmed? It’s not unusual to feel that way as a first-time seller either, and it’s just as involved of a process – if not more so. Knowing what to expect can make the selling process go more smoothly.
Here are four ways you can be a smart first-time seller:
1. Is it time to DIY?
While it may sound appealing to try to sell your home on your own, keep in mind the challenges you could face if you’re not a real estate expert. Hiring a certified Realtor – like me, for example – can save you time, reduce hassles and help you avoid the legal risks that come with selling property. Pricing your home is easier when you have a San Antonio Realtor who can provide you with information on comparable property prices and current market conditions. Asking too little for your home is a costly mistake, but pricing it too high can cause your property to languish and ultimately sell for less than it might have had it been priced right.
2. Timing is everything
Selling a home often involves buying one, too. As a first-time seller, understand that timing your sale and your new purchase can be tricky. I can walk you through your options and help you make a decision on timing that is in your best interest. I can also help you keep track of progress made on the sale of your home and the purchase of a new one.
3. Does your purchase depend on your sale?
If you find a new home you want to buy, you might include a contingency clause in your offer. This means your purchase of the new home depends on the sale of your current home. But using a contingency clause can also put you in a weaker position as a buyer, since another buyer without a contingency may be more attractive to a seller. I have the experience necessary to guide you through difficult decisions such as this.
4. Selling is a new experience
Remember when you bought your first home and had a lot to learn? Selling also has a learning curve, since your to-dos during the home-selling process won’t be exactly the same as when you bought your home. But even though there is much to learn on the selling side, your buying experience can still be valuable. Putting yourself in a buyer’s shoes can help you position your home as an attractive property to purchase and help you make that first-time sale.
Ready to sell – or to start thinking about it? Let’s get started! I’d be delighted to walk you through the process.
Pictured above: 128 Harrigan Court is a luxury condo in the Alamo Heights. You can’t beat this location. Walk to Central Market and other Alamo Heights stores. Close to 281 access, the Pearl, the Witte Museum and much more. 3 bedrooms, 4 bedrooms and open floor plan with 10-foot ceilings, and elegant, traditional finishes. All bedrooms are upstairs, master has his/her bathrooms. Private courtyard and attached rear garage. Only 8 units in this complex. Listed by my Nix Realty Company colleague Kate Coiner. Let’s go see it!