When selling your home, there are several tips you can use to make it more attractive to buyers. These include making sure the price is right, packing up before showings, and not saying no to showings. It’s important to know what you want in a property, so you can be clear with your agent about what you’re looking for. Check it out if you have any financial concerns, make sure you have a pre-approval letter ready because most sellers won’t accept your offer if it doesn’t show that you have the funds to make the purchase.
The Price is Right
In most cases, the realtor commission is a significant part of the cost of selling a home in Virginia. However, there are ways to save on realtor commissions so that you can maximize your profits. One of these ways is to negotiate for a lower commission rate with the real estate agent of your choice. Another option is to use an agent matching service to find a low-commission agent.
Before listing your home, you should first know what the current market conditions are in your area. You should make sure that you know the prices of similar homes in your area. This will help you determine the value of your home. Also, you should understand that if you’re selling a home, you’ll need to offer a lower price than you originally intended.
The price of homes in Virginia is high and the market is very competitive. In fact, most Virginia counties have lost population over the last decade. Many young families are leaving Virginia for places such as Raleigh and Charlotte, North Carolina. In these cities, prices of homes are at least 50 percent lower than those in Fairfax County.
Pack Up Before You Sell
When you’re planning to sell home in Fairfax, Virginia, there are many things to consider before you begin the process. Many people downsize due to various reasons, from wanting to travel more often to retiring. Regardless of the reason, no one wants to be stuck in an empty house. In these cases, it’s a smart idea to sell quickly and get started elsewhere.
One important thing to remember is that buyers tend to prefer move-in-ready homes. If your house needs some work, it will be difficult to sell through traditional means. However, there are companies that specialize in buying houses that need repairs or renovation. If you’re in this situation, you might want to consider contacting House Buyers of America. House Buyers of America can help you get ahead financially by purchasing your home and doing the necessary repairs.
One of the biggest expenses in selling a home in Virginia is the realtor’s commission. This amount can easily make up a large portion of the total selling price. One way to reduce the cost of commission is to negotiate with your agent. You can also use an agent matching service to find an agent who charges low commissions.
Don’t Say No To a Showing
Selling your home without the help of an agent will save you thousands of dollars in commissions. In Virginia, the commission rate is typically between 4.62% and 5.83%. That means that you will save anywhere from $17,200 to $29,600.
Regardless of whether you are a first-time home seller, you should be prepared to answer questions and fill out lots of paperwork. You can download a checklist of forms you’ll need to fill out, or you can consult the Department of Professional and Occupational Regulation to determine what forms are required. You can also check out a Virginia REALTORS association’s website to see what forms they use.
Another way to attract more potential buyers is to invest in professional photography. Many home buyers start their search online, so it’s vital to have high-quality photos. The best photos are crisp and clear, but don’t use your cell phone camera for photos. Also, make sure your home is clean and decluttered.
Pictures Speak A Thousand Words
Photos are important for first-time home sellers. Many buyers start their search online, so it’s important to invest in professional photography to attract prospective buyers. A grainy cell phone photo won’t help you maximize the number of offers. Avoid taking photos of your home that are too low-resolution or vertical, which will focus on your trash can or light fixtures.
You should also know that home values in Northern Virginia are growing. According to the Northern Virginia Association of Realtors, the median price of a home there will hit $620,000 by 2021. That’s a 5% increase from last year. This is a slower rate of growth than the national average, but it is still a positive sign for Northern Virginia home sellers.
Del Aria Investments & Holdings
11166 Fairfax Blvd Suite 500, Fairfax, VA 22030