The best advice when selling your house – do your homework first – is ignored at a homeowner\’s peril. Disregarding this fundamental principle may mean thousands of dollars less on closing day – or even no sale at all.

The days when a house was listed and sold within a week or over. In this economy, a property must stand out to sell at more than a sacrifice price. However, people are still buying houses that are not foreclosures, which shows that they will pay for something they truly want. It is up to you to make the house attractive to people who are looking right now.

One of the most important parts of selling a home is to price it right. In order to do this, you need to know the \’comparables\’. This term means that you find out what similar homes in the area have sold for. This establishes the true market value of a property. You may have a more prestigious address than another street, making this particular place more valuable than one with the same amenities in another area.

Knowing what makes a home desirable can include things like which school district you are in, or how the materials used in construction affect insurance rates, or what the crime statistics say about the safety of the community. All of these things can enter into a prospective buyer\’s decision to choose a property for their new life. If you are not aware of these points, you cannot use them in advertising your home.

It is not too difficult to find out this sort of information, but a professional Realtor will have it already. It is easiest to engage a local real estate company. The agency will advertise, place a sign (the best way to attract interest), and show property to the best advantage. However, it will not hurt to make sure that the agent knows that you want important highlights of the home and area to be brought to the attention of those who view the property.

Think of what you yourself would want to know if you were a buyer, and plan accordingly. Get the answers to the questions you would ask and make sure to feature them in a brochure or advertisement – or get the agent to do so. If the community is highly desirable, if the schools are outstanding, if the country club has a championship golf course, these are all positive points.

Homework can also include cleaning up clutter, making sure the lawn looks its best, replacing all burned out light bulbs in outdoor fixtures, and painting the fence or any marred interior walls. Pretend you are getting ready for a garden tour, do the spring cleaning, and pack up most personal belongings to showcase the house like a national magazine would do. First impressions can often blind buyers to small defects that don\’t really detract from a house\’s basic value.

A professional can advise you on what selling your house – do your homework first really means. You can also make sure that they omit nothing that can enhance the home in the eyes of all prospective buyers.

Author Bio: Great houses and home buyer tips for first time buyers. From Homes for Sale Durham Region to Homes for Sale Courtice, this great real estate company offers their great support!

Category: Real Estate
Keywords: real estate, houses, homes, mortgage, bank, broker, home inspector, mortgage rate, buy homes, home