If you’re thinking about selling your home, there are a few things you need to know about today’s real estate market.
From market conditions to tips for selling your house quickly, here are the top ten things you need to know before putting your home on the market.
Current Market Conditions
The current real estate market is a hot one. The Texas real estate market continues to outperform the national real estate market, with the median home value in Texas reaching nearly $226,500 compared to the national median home value of $230,400. Closing costs, typically around 3 to 4 percent of the home’s sale price, vary by state and neighborhood. Knowing what closing costs you will pay will help you budget and plan. This is particularly important for sellers who plan to buy another home. Know your local real estate industry Your real estate agent will help you understand current market conditions in the area and in the city where you live.
You Can Sell Your Texas House Fast
When it comes to the current real estate market conditions, there’s a good chance your house can sell in a matter of weeks. Some Texas realtors are reporting that they can sell a home in as little as two days. That doesn’t necessarily mean you have to rush your house sale. Selling your house to the public may seem overwhelming, but with proper marketing and a real estate agent on your side, you’ll be surprised how fast Texas homes are selling right now. That’s not to say it’s not difficult to sell your home, but if you’re willing to put in the time and effort, your house can sell quicker than you initially thought.
Get Your House Ready
Making your house look ready to sell is the most important thing you can do. Fix up those floors. Add fresh paint. Fix things that aren’t working. Don’t just have your house painted a few years ago; make it look like a newly remodeled house instead. Staging is also a simple thing that makes a big difference. According to Forbes, a staged home will sell for 17% more than a non-staged home. Do everything you can to make your house, front yard, and neighborhood look as lovely as possible before showing your home.
Prepare for Showings
Maintaining your home in good condition should be a top priority. A properly cleaned house can make all the difference in potential buyers coming to look. Make sure your home is spotless and ready for potential buyers to come on over. A nice home can be costly to maintain, especially in
Texas. Before you start spending money on upgrades, make sure you have enough money to cover maintenance and other maintenance costs. Make sure you declutter the house as a cluttered home can bring down its value. Before showing your home, make sure to calculate anticipated buyer costs, property taxes, maintenance, and other expenses which can potentially increase the price of your home.
Show Your House
The vast majority of your home’s selling power is in the marketing of your property. If you’re a homeowner that’s selling your home, you need to be able to market your home to prospective buyers. Consult with a realtor who has the experience, training, and relationships with multiple lenders. Agents can show your home to hundreds of buyers in a very short time, increasing your chances of selling your home quickly. Consider investing in professional photos of your home to list on the internet and local NMLS. Use recent, professionally shot photos in order to show off your property’s improvements.
Closing on Your House
Suppose you received an offer for your home that you’re willing to accept, well, congratulations! But the journey isn’t over just yet. You still have a lot of work ahead of you. Between the paperwork, escrow, title company dealings, home inspections, buyer financing details, and meeting at the closing table, you still have a handful of things to keep you busy even after you’ve accepted that offer. If you’re selling your house, even if you accept an offer in a matter of days, closing on a house can take up to a few months.
Let Rise Realty Take the Guesswork out of Selling Your Home
If you’re selling your house and need to get out fast, the traditional way of selling might not be the way to go. Instead of having to deal with fixing up the house and loads of paperwork, Rise Realty will make it easy for you by purchasing your house with cash. Since the house is paid for in cash, there’s virtually no waiting period between offer and closing. In fact, we can close on the house in less than a week if needed. We purchase houses in Dallas-Fort Worth and the surrounding areas. So, what are you waiting for? If you’re ready to sell your house and get money in your pocket as soon as possible, contact Rise Realty now!