Whether you are selling your property with the aid of a real estate agent or on your own, there are a number of things that you probably are not aware of in the real estate industry. In fact, real estate agents have their agendas when you ask them to sell your home and, also, there are some factors that may affect how much your abode costs.
1- Market using technology
In today’s technologically advanced age, it should not be that much of a surprise that many buy their new homes online. If you are thinking of selling your abode or any property, you can increase the chances of someone buying it by taking a video tour or different pictures of the place and putting them on various platforms. Having the right angles and adding music in the background of the video will make your property look more appealing to prospective buyers. Although it will cost you to get the video professionally shot, rest assured that the benefits of having your property sold faster will soon make you forget these initial costs.
2- Not all the additions you pay to be done in your abode will fetch higher prices
Focus on the right additions, renovations, and other expenses. For example, if you get an indoor pool installed or expensive wall trim, you will not be getting your money’s worth and most likely buyers looking for a place in your neighborhood will not be as interested. You should focus on the basics such as fixing a leaking roof or upgrading your kitchen. Another thing you can do is get an exterminator to look for and get rid of bed bugs or termites, which are a definite turnoff for anyone. Finding the right things to spend money on to make your home suitable for selling is crucial so that you do not end up spending thousands on renovations no one is interested in buying.
3- Open houses aren’t always in your favor
Believe it or not, most open houses are more beneficial to real estate agents than they are to you. An open house is when a bunch of properties are open for viewings and people looking to buy a home can go from one property to the next to see if any fits their needs. These events usually end up bringing more business in for the real estate agency than actually finding a definite buyer for your home. If done right, however, an open house can sometimes find potential buyers.
4- Your neighbors leave an impression on prospect buyers
Buying a new home also means getting new neighbors. In fact, living next door to considerate neighbors would make one’s life easier and happier. The opposite is true of bad neighbors who can turn your life upside down. When someone who considers buying your abode comes in to view it, chances are, he/she would keep this fact in mind. No one wants to end up living next to inconsiderate, rude or obnoxious neighbors. This is why it is important to understand that if you are next door to bad neighbors, the chances of your home being sold at the price you asked for are going to be rare.
Now that you are aware of these four real estate secrets, you can take the necessary steps to make your property sell as fast as possible with or without the aid of a professional real estate agent. Just remember that sometimes agreeing to an immediate but lower offer is better than waiting for a better offer later.
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