Your real estate agent has listed your home and it's now on the MLS, so what can you expect now? The home sale process is a challenge that can be drawn out over a long period of time, so understanding what to expect after listing your home will help the process seem more manageable. After listing your home, you can expect to go through the following five steps.
Getting Your Ducks in a Row Before Listing Your Home
Summertime is traditionally when the real estate market heats up -- along with the weather. Buyers are more inclined to spend time outdoors looking for homes and perusing open houses. If you are planning to sell your home during the summer, increasing the value of your home can be accomplished by committing to a few relatively inexpensive home improvements that add value to your home.
“ZipRealty’s latest report provides our first real glimpse into the health of real estate market since mortgage interest rates began to rise in mid-June,” says CEO and President Lanny Baker. “During the third week of June, mortgage rates posted their largest one-week increase in more than a quarter-century and rates are now 1% higher than they were a month earlier. However, that hasn’t mattered much in terms of home sales prices and transaction activity,” he says.
Summertime has historically been the best time to sell a home. If your home is going to be on the market during the summer, you already have an advantage (as opposed to trying to sell in the cold winter season); however, don’t stop there. There are still some important steps you will have to take in order to help ensure a quick home sale. By properly staging your home you can increase your chances of winning the attention of a homebuyer.
Summertime is typically considered the busiest season for the real estate market. The days are longer, the weather is better, and buyers often take time off from work that allows them more opportunity to home search. If you are selling your home during the summer, heeding some simple tips for selling your home will likely increase your chance of closing a deal.
When you’re selling your home, one of the most essential steps in the process involves preparing for your open house. An open house not only gives potential homebuyers a chance to check out your home, but it also allows individuals and families to picture themselves living in the space.