At PMP Carolinas, our brokers are licensed in both North Carolina and South Carolina. When we work with sellers, we want to make sure they understand the sales process. If you’re preparing to list your home, we want you to know that today’s real estate market is complex. Sellers have a lot to consider such as how to price the property, whether or not to hire an agent, and how to attract qualified buyers.
Our team is dedicated to answering all the questions you might have as a seller. Today, we’re talking about some of the most basic things you need to know.
Get to Know your Home
When listing your home, you need to be educated on everything that pertains to your home. You’re selling it, so you want to gather all of the information you can about the property and how it works. Get the home measured so you can have an accurate square footage in your marketing materials. Put together a list of features that buyers and their agents need to know. Perhaps you have made additions or upgrades over the years. Make sure you can document that work. Take a look at your financial situation, too. Before you sell, you’ll need to know how much of a mortgage you’ll be paying off and whether there are any lines of credit attached to your home.
Get to Know the Market
As a seller, you will also need to know what’s happening in your local real estate market. The market will have the largest impact on how much you’re able to ask, what sorts of terms you’ll have to agree to, and how fast you’ll sell. It will help you to know about the market condition, and you should also gather comps, which are numbers that reflect what properties similar to yours are selling for in your location. Remember that the sales market is often seasonal. You’ll need to know which time of year is best to maximize what you earn on the sale of your property. Do some research on local real estate agents and what it would cost you to hire one. Find out what to look for in a great agent.
Be Prepared for the Sales Process
You will also need to be prepared for the sales process. You will need to get your house ready for showings, and you need to know where you’ll go when your house does sell. If you haven’t purchased anew home, your family will need somewhere to live until you do. Make plans for your finances, too. There may be taxes to think about. You also want to be careful about the risks. Wire fraud is not uncommon, and you want to protect yourself and your finances.
We would love to help you navigate all of the things included in the sales process. We can provide expert real estate advice and professional resources. If you have any questions or you need any help, please don’t hesitate to contact us at PMP Carolinas before you list your home.