4 Times When Getting Professional Help Lowers the Cost of Selling Your Home
Strictly speaking, you do not need professional help with selling your home. In nearly all cases, however, going it alone is not a smart move.
The following four occasions, especially, are when seeking professional help can actually lower the cost of selling your home.
When You Aren’t Clear on the Home’s Condition
A pre-listing inspection is not always necessary or recommended.
However, it can provide advantages that save sellers money during the sale process.
These inspections are especially useful if you have no real idea as to the condition of the home.
They are the same kind of inspection a buyer will have completed upon making an offer on the home.
Having a pre-listing inspection as the seller can alert you to issues that you can then either repair or take into account when pricing and negotiating to sell the property.
There are Legal Issues With the Property
Legal issues surrounding property, especially during its transfer, can become extremely costly unless they are adequately addressed.
If your property has a lien against it, for example, hiring a professional like a property settlement lawyer can be a financially advantageous decision.
A property with unclear title is another potential legal problem that could be catastrophic during a sale. In some areas, an attorney may be typically or even required to be involved in a property sale.
Selling Will Be a Challenge
Some sellers are lucky enough to live in a hot real estate market where their home is almost certain to sell quickly.
That is not the case for everyone, and if your property is in a buyer’s market it may make the most financial sense to hire a real estate agent.
Using a real estate agent will cost fees but these professionals can help you ultimately get more money for your house by advertising it effectively, helping you stage it in an attractive manner, giving good recommendations on pricing and advising against costly pitfalls.
When You Are Making Substantial Repairs and Improvements
Many small repairs and improvements that help your house sell, such as painting and cleaning up the yard, are do-it-yourself projects.
For more significant fixes you will need the aid of a professional contractor.
For example, electrical issues are a problem you should never try and address yourself because to do so is dangerous.
When your house has working systems, it will fetch a much higher price on the market.
You will most likely need to work with qualified professionals to sell your home.
Failing to do so could result in costly issues or an inability to make the sale.
Strongly consider working with real estate agents, attorneys and contractors who can help you sell your home successfully and in the most cost-effective way possible.
Category: Real Estate
