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LOS ANGELES (AP)—
Rebound in the US economyS.
Over the past few years, the value of the home has given many homeowners a better place to sell their home for profit.
Nevertheless, even in the market where tight supply is good for sellers, selling a house is challenging.
Here are five tips on how to sell your house at the best price: 1.
Research market most homeowners recruit services from realtors to market their homes and perform a variety of tasks, including contacting a network of buyer agents to prepare for viewing and dealing directly with potential buyers.
However, this should not prevent sellers from getting to know the process.
"The most important thing to price and sell your house quickly is to do your homework," said Michael Corbett, a real estate expert at real estate information and listing website Trulia.
Other online real estate sites such as Trulia and Redfin. com and Zillow.
Com provides searchable maps and home sales data.
See what similar houses have sold in the last 30 to 60 days, and how long they have sold in the market.
You can also see if the prices of these houses are below or above the original asking price. 2.
Some sellers may try to force their agents to list their houses, much higher than comparable sales.
Others may want to simply test the market at a high price, just to re-market in the future.
This strategy may backfire.
"Ideally, your goal is to price it so it can be sold immediately," Corbett said . ".
"The longer the property stays in the market, the older it is, and once the property is old, it is difficult to get momentum. "3.
Setting a dead line strategy that can help generate competitive bids between potential buyers is to ask for any offer within the first week or two of the listing of the house.
Karen krupsee, vice president of real estate operations at Redfin, said that this approach, coupled with hosting an open house once the house goes public, is best suited for a house with competitive prices.
"It's a strategy and you can certainly get as many quotes as you can as soon as possible," she said . ". 4.
When selling your house, the best agent should be an expert near you.
They can even know which transactions may be in progress, but not yet on the public record --
The key to measuring how to price your house.
In evaluating potential agents, find out the prices they have recently sold to see if the prices for these houses are below or above the original prices.
"You want to get their records, you want to know their philosophy, and what the listing agents have done in the past, because they are likely to repeat the same success or failure . "
In addition, ask the agent how to deal with the contact of the independent buyer who is looking for an agent to purchase your home on their behalf. Taking on a so-
Krupsee notes that so-called unrepresented buyers can earn a higher commission for agents, but it is almost impossible for them to consider only your best interests and not the best interests of the other party.
Several real estate sites including RatedAgent.
Com, Zillow, and Trulia have sections to look for agents by location.
They also provide reviews and other attributes from past customers to help narrow the search. 5.
Strategically weigh the Commission option, the listing agent will charge the seller a commission of 5 or 6% of the house sale price.
This commission is usually evenly distributed between sales agents and buyer agents, although many listed agents often share their share with their brokerage companies.
Sellers can negotiate a lower commission, but this may make their house less prioritized by agents than other properties they may be trying to sell.
One option is to choose to work with an agent who works on a lower commission.
For example, the Redfin agent charges 1.
The price is 5% and the minimum charge is $5,500. (
Although you still have to pay the regular Commission of the buyer's agent. )