Selling a home can be an overwhelming experience for any homeowner, whether it’s your first time or tenth time. In a recent survey commissioned by RealEstate.com, both home sellers and real estate agents provided information that sheds light on the many important factors that should be considered to successfully sell a home.
The survey asked 500 recent home sellers and 100 licensed, practicing real estate agents about the variety of critical elements involved in selling a home.
Here are some highlights of what successful home sellers and agents reported:
The majority of sellers said that hiring a real estate agent to facilitate the sale is the best way to get the process off to a good start.
Over half of sellers and majority of real estat agents suggest setting an asking price at 5 to 10 percent above what the seller would actually accept is a good range to follow when putting a house on the market.
While over half of sellers sold homes within first month, real estate agents suggest budgeting 2-3 months from time home is listed.
Sellers and real estate agents agree that the local school system is more often the most important factor that buyers consider when choosing a home.
“Selling a home can be an anxious and intense time for homeowners -- and there aren’t nearly as many resources available to today’s home sellers as there are to homebuyers,” said Holly Slaughter, brand manager and consumer experience expert at RealEstate.com. “Sellers who look to real estate agents for expertise about specific markets, tips and advice often know the key steps to address that many often overlook, giving them the leg up they need to stand out and sell their homes.”
A majority of real estate agents felt that having a comprehensive comparative market analysis (CMA) done is a very smart thing to do before selling a home.
The kitchen is the room that prospective home buyers care most about, according to a majority of sellers.
'Cleaning everything' is one of the most important factors in getting a home ready for showing.
Enhancing the yard is a top priorty for getting the exterior ready to sell the house.
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