When it comes to selling your house, you do not want to see your property name sits idle in the seller’s market. Seller’s market is when there are fewer houses available for sale compared to looking for buyers to buy. So, to avoid this you must be hands on in making a successful property sale.
First, even there are legit companies within the real estate industry, who offers easy and fast purchase of houses, you should be wary that there are doubtful people who easily tells you “we buy houses” with fast fat cash. So, to avoid this, you should contact or have an extensive background check on the most reliable real estate agency or a real estate agent.
Secondly, know your house’s market value and stop being over confident. Being able to know your current house’s market value enables you to quote the right amount to your sales agent, then to the potential buyer. This is one of the most common mistakes done by home seller. They become too overconfident providing an unrealistic price without knowing the current structure of the house. However, if provided that there are certain upgrades and renovations done to the house to make it more attractive, take a wise appraisal of the house while considering the added improvements of the house.
Thirdly, you must also take part in selling your house. For instance, you could help your real estate agent by providing significant and helpful photos of the interior and exterior of the house. By doing so, the potential buyer will easily get persuaded to visit your house during “open house”.
Lastly, make sure that all your documents do not have any ample problem when it comes to legality. The problem with property documents can blow up all your and the sales agent’s effort to make a successful property sale. Below are the common problems with property titles that you must know:
- You should closely check the public records for any errors such as clerical error, the filling errors in the deed or errors during the survey of the property.
- There are unknown debts from the previous owner
- Illegally undocumented deeds or there were signs of forgery
- Discovery of wills or there are other people to contest the ownership of the property
Juggling too many efforts in making your property sale a success will bring you to your exhaustion. Then, from exhaustion, you will be driven to make worst decision. So, to avoid all of these, always prepare a plan.