How To Sell Your House In A Seller's Market
Historically low-interest rates, high buyer demand, and a low inventory of homes have converged to form a strong seller’s market.
If you are a homeowner looking to take advantage of the current seller’s market, then read on for a step-by-step guide on how to sell your home and turn the highest profit.
Find a Real Estate Agent
A good local real estate agent helps clients navigate selling a house and deals with the details such as listing the home on the MLS, marketing the property, and negotiating closing costs for the seller.
Traditionally, agent commission rates range between 5-6% of the final sale price, split between the buyer's and seller's agents.
Prep the Property
Buying a home is an emotional process, especially in a seller’s market when buyers have to make a split-second decision to beat the competition.
If there are leaky faucets, chipped paint, or cracked tiles, buyers may pass on making an offer to fear what other unseen problems plague the property.
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