Hello first-time Las Vegas home sellers! Today’s real estate market is very competitive. As a first-time home seller chances are, you’ll find the whole process riddled with a lot of confusion. Economists nationally are predicting a major increase in home sales in the coming years. It’s important that you prepare yourself to avoid any and all potential pitfalls. If you are not caught up with the market, seek the expert advice of a Realtor. Allowing you to equip yourself with knowledge of the do’s and don’ts of selling a home for the first time.
Here are a few important tips to help you get through the process successfully.
Las Vegas home sellers: Prep your home before going on the market
Today’s buyers are very picky because they have plenty of options to choose from. You may be forced to spend a little more time and money getting your home market-ready to be competitive. If you can afford it, make some low-cost improvements that can really increase your homes aesthetic appeal. Do this before listing it for sale and you should almost always see positive results.
Consider replacing outdated hardware on the cabinetry, broken baseboards, ripped screens, leaky faucets, and make carpentry and masonry repairs. Apply a fresh coat of paint on both the interior and exterior, clean floors and carpeting, and also replace outdated light fixtures. Update the landscape by trimming lawns and hedges, renovating the driveway paving, weeding the garden and making the necessary repairs on the fence.
Remember that the first impression matters most to potential home buyers.
Enlist the help of an experienced real estate agent
As a first-time home seller, you need to understand the importance of having a professional real estate agent to represent you during the sale of your home. There are hundreds of agents in Las Vegas. Therefore, it’s crucial that you choose one with considerable experience in the home-selling process. Here at LasVegasRealEstate.com we highly recommend our Preferred Partners: Residential Realtor. Jack Woodcock and his team have been selling real estate in Las Vegas since 1974.
While you can easily get an agent based on referrals from your friends and family, it’s important to widen your search scope to ensure that you end up with an expert in the field. Consider checking with your local brokerages and agencies, or even look online for reviews of agents on sites like Yelp.
After finding the right agent for you and your needs, you will be required to sign an agreement with the agent and pay a commission. And because the contract binds you to the agent for a period of six to twelve months, it’s important that you have only the best.
Las Vegas Home Sellers: The real estate agent you choose matters more than the brokerage firm
While it’s of vital importance that you choose an agent with a good presence and base of knowledge, remember that you will only be dealing with the specific agent, not the company they represent. Real-estate agents are simply independent contractors who opt to hang their license with a brokerage firm whose culture and brand match their business. A good agent will work with you to deliver great results no matter what brokerage they are involved with.
Understand the real estate market in Las Vegas
Before listing your home for sale, get to understand the current situation in your local real-estate market. Typically, some real-estate markets boom with sales during specific months. For example, the Las Vegas market records huge sales during most of the spring season. Your agent should provide this information ensuring that you sell your home timely and at an optimal price.
Correctly pricing your home is important
Price is an important consideration for potential buyers. If you have made some major improvements but your Las Vegas home still isn’t selling, then you need to consider lowering the price. To help you come up with the correct price for your home, perform a comparative market analysis by viewing the prices of homes similar to yours that are on sale and also check the past home sales. This way, you will be able to determine the most accurate price for your home. For a free home valuation contact our Preferred Partners: Residential Realtor.
Act fast when you receive an offer
Do not wait until you get the ultimate offer in order to close. As soon as you get an acceptable deal, go ahead and sign on the dotted line without wasting time. In other words, don’t lose a good selling opportunity in the hope that something grander will come along.
Thank you for reading our post, “Tips for first-time Las Vegas home sellers.” For more Las Vegas home Seller tips, information on moving to Las Vegas, Las Vegas real estate market news, information on Las Vegas homes for sale, buying a home in Las Vegas, or general real estate information please visit our website www.lasvegasrealestate.com.