How to Sell Your Home in Silicon Valley
Helpful Tips for Prospective
Home Sellers in Silicon Valley
Here are a few essential tips from that you should keep in mind as a home seller in Silicon Valley.
Hire A Local Realtor
Selling a house is always stressful and requires a lot of prep work ranging from advertising, cleaning up, preparing for inspection requirements, being available for potential buyers' visits, planning the move, etc. The good news is: you do not have to do it all by yourself! Hiring a Realtor is the right thing to do in most cases for obvious reasons.
Before anything, your San Jose Realtor will help you determine the right price through a market analysis showing comparable home sales prices in your area.
Your Realtor will then plan and implement the appropriate marketing strategy to advertise your home, not just online (e.g. placing your home on MLS Listings, Zillow, Trulia, Redfin, etc) and offline, but also among Realtors from his own firm and other brokerage firms.
A common practice in the real estate world is called "caravanning" and consists of inviting other Real Estate Agents into a home, or more often a series of homes, listed for sale with a view to achieve higher visibility and marketing. Remember that Realtors do not just represent sellers; in many cases,
Real Estate Agents act on behalf of potential buyers as well.
Your Realtor will then typically show your home, assist you with purchase offers from buyers (and submit counter-offers on your behalf if required) and help you finalize all paperwork to complete the sale seamlessly.
Determine The Right Selling Price
Home prices are determined by numerous criteria. Factors such as the current market health, the number and variety of available homes for sale in your San Jose area, and the urgency of the seller to sell in particular will influence the listing price (aka the asking price).
However, there are other equally important factors which can either increase or decrease the listing price such as:
- Optional features of your home such as a pool
- Major improvements, renovations and/or additions to your home such as solar panels, landscaping, etc.
- External and internal amenities such as the age of your appliances
- The general condition of the interior and exterior of your home.
If you would like to learn more about the pros and cons of the various home pricing strategies, watch this video and learn how common pricing mistakes can be avoided.
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