Over the past few months, the housing market has been operating at all-time highs mainly because of a surge in buyers looking to purchase their own homes since many employers have been embracing remote work. Add to this the fact that there’s been a massive shortage of homes, which results in more profit for existing homeowners.
Considering how the housing market is red hot, if you’ve been on the fence about putting your home on the market now is a great time to take the leap and see what you can get. If you’re looking for ways to sell your home fast, look no further than the suggestions below.
Improving your home’s curb appeal is one of the most important steps you can take to prepare your home for a sale since first impressions are everything when selling a property. It’s a broad topic, however one of the most effective ways to make a great impression is to enhance your home’s landscaping.
You can do this by trimming existing shrubs and trees, and replacing the mulch in your flower beds so that it looks crisp and fresh. If you find that your front yard appears to have empty patches, you can add larger plants in containers. The containers allow your plants to appear taller and fuller, plus they can easily be moved if needed.
While there are plenty of home improvement projects you can tackle yourself, the overall process of selling your home is best left to a real estate agent. Although you may think real estate agent commissions are expensive (frequently 5% to 6% of the home’s sale price), the agent doesn’t just pocket the entire amount.
On average, listing agents only keep around 2.5% to 3% of the commission because it’s split 50/50 with the real estate agent that represents the buyers. Both agents then pay a portion of their proceeds with a sponsoring broker which can range from 30% to 50%.
After those expenses are paid for, the agent then has to cover other material costs such as marketing materials for the client’s home, fuel to drive to and from the property, professional dues, and more. In essence, the commission a real estate agent charges is all-inclusive and covers all the essentials that are required to sell your property.
In fact, real estate agents work on commission which means that they’re incentivized to sell your home for top dollar. In many hiring a real estate agent pays for itself because they know the ins and outs of their local markets and are able to negotiate better offers for their clients. They also handle all the complex paperwork and legwork of the transaction, which eliminates the odds of you making a major mistake.
Although selling a home might seem overwhelming at times, when you have the right expert helping you navigate the process, selling your home quickly becomes a relatively straightforward process.