Selling your home is a big financial and emotional task, which requires lots of planning. So before you decide to put your home on the market, here are four questions to consider.
What is my home worth?
Several factors go into determining your home’s market value. These include the condition of the property, square footage, location, amenities, as well as recent comparable property sales. For a snapshot of your home’s current value, you can enter your address into a free online value estimator tool. Alternatively, you can look at a recent property tax bill to get your home’s tax assessed value, which is a percentage of your home’s fair market value. If you know your state’s assessment rate (which is usually between 80 and 90 percent), you can estimate fair market value by dividing your tax assessed value by that assessment rate.
How can I sell at the highest price possible?
There are several simple, low-cost things you can do to boost the value of your home. These include eliminating clutter, washing windows and walls, and installing higher wattage bulbs to create a brighter environment. Larger projects, like adding bedrooms and renovating kitchens and bathrooms, typically yield more substantial increases in sales price. Staging your home, which helps paint a picture for how buyers will use their new space, can also add value.
How long will my home be on the market?
The time your home spends on the market depends on several factors, including location, how competitively your home is priced, and how aggressively your home is marketed. Statistics show that if a home is properly priced, an offer should come in within the first 12 showings. If you want to speed up the sales process, don’t underestimate the value of staging. Research shows that well-staged homes can sell up to 32 percent faster than homes that aren’t staged.
How can an agent help?
A real estate agent can help with all aspects of the selling process, from pricing to marketing to handling the intricacies of closing. An agent will negotiate on your behalf to secure the best price – and quickest sale – possible. Looking for an agent who can help guide you through the selling process? Feel free to contact us!
If you have any other questions about selling your home, please do not hesitate to contact us today!
Seller Testimonials
“Jeremy recently sold my house in Wauwatosa, WI. After only living in it for a year he recommended ambitiously listing it $15k over what we paid the prior year. Within 5 days we had people walking through the house and after about 3 weeks we had accepted an offer just under our asking price. In the process, Jeremy was very knowledgeable about the area and was able to show us similar homes that recently sold in the area. He was helpful in finding an electrician to help fix a few things and came to the house himself to fix a broken gutter. My experience with Jeremy was smooth from the beginning when we listed the house all the way through closing. I definitely recommend him as you look to buy or sell a home.”
“Jeremy did an extensive comp analysis and gave a very honest market price for our house. He brought in a professional photographer with excellent pictures including aerials with a drone. He did a very excellent job of guiding us through the process of selling our house. He had the house marketed every way possible. Jeremy made us feel like we were dealing with a family friend rather than a Realtor we did not know.”
“Jeremy recently listed sold our home in Waterford, WI. We have bought and sold 14 homes in the last 50 years in all parts of the US, Jeremy is by far the best we have had assist us. He is a professional in all aspects of listing and selling homes. His marketing skill is very excellent. He is a skilled at working with the buyers agent, gaining the best possible outcome for us as the sellers. Would recommend Jeremy to represent you in either buying or selling your residence.”
“Jeremy is an outstanding Real Estate Agent with vast experience in selling premium homes to rental properties. In my case, he sold my duplex. His communication and organizational skills set him apart from others. He worked effortlessly to understand the market that my home resided, priced it properly, schedule showings, and closed within my timeline. Outstanding effort, Jeremy!”
“I have had the privilege of knowing Jeremy both on a personal and professional level for the past 8 years. He has helped me and my wife on 5 different refinances and 2 real estate purchases in Las Vegas, NV. During these times, Jeremy has given us the confidence and knowledge to secure the best terms and conditions for our loans. He is always prompt on phone calls, emails and text messages. I never have to question him because he has always followed through and kept his word. In addition to great service, he provides low interest rates and closing costs. We haven’t been able to find better. He stands behind his work and is dedicated to providing excellent service. Jeremy’s personality, integrity, positive and relaxed attitude are just a few of his many key attributes. I greatly appreciate having someone who looks out for our best interest time and time again. I would absolutely recommend Jeremy Doering.”