Top Real Estate Tips for Buyers and Sellers in 2017

If you are thinking of buying or selling your home right now, it’s the perfect time to do so. It can be very stressful and confusing trying to buy or sell a home. Here are the top tips that you need to know for buying or selling a home in 2016.
Sellers: List during Peak Season
According to realtor.com the peak season for buying a home begins in April and reaches its peak in June. Sellers benefit from the peak season the most. Listing during spring and summer will give you more potential buyers and bids.
Buyers: Know How Much You Can Spend
Set a budget for yourself and follow it. Figure out your personal budget to figure out what you can afford, then get pre-qualified for a mortgage and compare the two amounts. You should use the lower of the two amounts.
Sellers: Price Your Home to the Market
The most important thing to do is get the price right. Asking for a price that is far above the marketing price is asking for being let down or potentially not selling your home. Do your research and make sure the house your selling is at the correct marketing price.
Buyers: Don’t Wait
Don’t wait until the end of summer to start looking for a new home. The peak season for buying a home is the beginning of spring and summer. Begin looking between the beginning of April and the end of June and you’ll have a better chance in getting a great home without much or any competition.
Sellers: Get the Right Representation
If you wan’t to sell your home, get a real estate agent you trust. Find a real estate agent with a proven track record of negotiated sales and a solid marketing plan.
Buyers: Know Whats on Your Credit Report
Don’t just assume your credit score is OK. To make sure you don’t have any surprises, give it a check. Make sure you resolve any issues with your credit before you look into buying a home. Check out creditkarma.com. Its free and you can see whats on your credit report without hurting it. They also give great tips on how to improve your score.
Sellers: Get the Right Representation
If you wan’t to sell your home, get a real estate agent you trust. Find a real estate agent with a proven track record of negotiated sales and a solid marketing plan.
Buyers: Shop Around For A Mortgage
Don’t settle for the first rate-quote you get. Always talk to more than one lender. You may get a lower interest rate. Having a low interest rate will save you thousands in the long run.
Sellers: Sell To Yourself
The best way to make sure you’re house will sell is to make sure everything is updated to your specification. If you look around and see something you wouldn’t like in a potential home, then fix it. You don’t have to renovate your whole house, just fix up the things that need fixing.
Buyers: Consider a New Home
A lot of people assume that a new home is going to be expensive and don’t look into it. The prices of new homes may be more expensive, but they will also come with a warranty on structure and appliances, so you won’t have to get hit with heavy repair bills and may actually save you money at the end of the day.
Sellers: Throw in Extras
Most buyers can’t bring their washer and dryer with them from their old homes. If you throw in an extra appliance or two it will sweeten the pot more for your buyer and you’ll get a better sale.


If you like this article check out Why it’s a Great Time to both Buy and Sell in Central Texas

Comments

Popular posts from this blog

7 Simple Tips to Increase Your Home’s Value

The Best Kept Secrets For Selling Your Home

Making Your Home Shine During a Showing