5 Questions to Answer Before Selling Your Home


Manage episode 303843381 series 1075929
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Here are five questions that every home seller should ask before listing.
Low inventory and interest rates are causing absolute craziness in our real estate market. If you’re thinking about selling your home, you should hold off until you’re able to answer all five of these questions confidently:
1. Where are you going to go? Are you going to sell and buy another home right away? Are you going to rent instead?
2. Are you ready for the showings? We can’t have open houses, so we’ll have to stack showing appointments on top of each other. Within the first seven days that your home is on the market, you could have up to 70 people coming through the house.

A real estate professional is the best hire you can make.

3. Is the house ready? You might need to make some renovations. You’ll need to do some deep cleaning and decluttering and possibly some staging before listing the property.
4. How will this affect my finances? Talk to your CPA, accountant, or tax person because if you have a large gain, you’ll likely have a larger tax bill. Know this info ahead of time and run the numbers.
5. Are you ready to hire a Realtor? A professional is the most important person you can hire. They will be able to negotiate, handle the contracts, do disclosures, and deal with any problems that might arise. You’ll be better off if you hire a professional.
These are the five big questions every home seller should be asking before they list their home on the market. If you have any questions for me, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.

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