Ignite FB Tracking PixelHow to Avoid Risks During the Home Selling Journey - Debra Engel
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How to Avoid Risks During the Home Selling Journey

by Debra Engel 02/11/2019

Navigating the home selling journey can be difficult, regardless of whether you're an experienced or first-time property seller. Fortunately, we're here to help you limit the possibility of encountering home selling problems that otherwise may prevent you from achieving your desired results.

Now, let's take a look at three tips to help you avoid risks during the home selling journey.

1. Learn About the Housing Market

What sets your residence apart from others on the real estate market? Ultimately, if you allocate time and resources to learn about the local real estate sector, you can promote your residence to the right groups of prospective buyers.

Take a look at the prices of homes that are similar to your own and are located in your city or town. With this real estate market information, you can narrow the price range for your residence.

Also, check out the prices of recently sold houses in your area and find out how long these homes were available before they were sold. This real estate market information will enable you to determine whether you're about to enter a buyer's or seller's market.

2. Establish an Aggressive Price for Your House

An aggressive initial home asking price can be a difference-maker during the home selling journey. Because if you have an aggressive asking price in place for your home, you could boost the likelihood of a fast house sale.

Conducting a home appraisal enables you to understand the value of your house based on its age, condition and the current state of the housing market. This appraisal is performed by a property expert, and it may help you establish an aggressive initial home asking price from day one of the home selling journey.

In addition, it may be beneficial to complete a home inspection. If a home inspector analyzes your residence both inside and out, he or she can help you identify potential problems. Then, you can perform various home upgrades to boost the value of your home.

3. Remain Flexible

The home selling journey typically varies from seller to seller. However, if you remain flexible as you proceed along this journey, you may be better equipped than other home sellers to identify and address problems before they escalate.

If you require extra assistance during the home selling journey, you may want to hire a real estate agent as well. This housing market professional can guide you along the home selling journey and take the guesswork out of listing your residence.

A real estate agent will help you add your residence to the housing market, promote your house to potential buyers and set up open house events and home showings. Plus, if you receive an offer to purchase your residence, a real estate agent will help you review this proposal and make an informed home selling decision.

Avoid problems throughout the home selling journey – use the aforementioned tips, and you can quickly detect and resolve any potential home selling issues.

About the Author

Author
Debra Engel

  

Through her commitment to excellence and personal service Debra has become a highly regarded Realtor with RE/MAX. Debra is familiar with the residential resale markets throughout her area. She has the knowledge, resources, and expertise to market your home effectively, and to help you choose the right neighborhood for you and your family.

Debra believes that real estate is much more than simply buying or selling a home. To her, a key element of real estate is developing relationships and building trust with her clients. When you meet Debra you will quickly realize you have gained a true friend! She knows how to listen and always puts the needs and wants of her clients first. Debra truly enjoys working with her clients and helping them through the process of buying or selling a home.

Whether your move is up sizing or downsizing or changing cities, Debra and her staff are dedicated to listening to your needs and to serving you with honesty, integrity, and professionalism. Perhaps it is this commitment to personal service that keeps her clients coming back time after time and recommending Debra to their friends and family. 

She has completed her SRES (Senior Real Estate Specialist), CIAS (Certified Investor Agent Specialist), CDPE (Certified Distressed Property Expert) and SFR (Short Sales and Foreclosure Resource). 

Her latest accomplishment in 2018 is she joined the RE/MAX Hall of Fame of which she takes much pride in.