Buying your first home is one of the most important milestones you will ever experience. Your first home is the place where you made many memories. No matter how much you may have loved your home, there comes a time when you're ready to move on. Whether you have finally saved enough money for your dream home or are searching for a fresh start elsewhere, selling your home is essential. In many ways, selling your home is just as significant as buying your first home since it marks a new chapter in your life.
If this is your first time selling a home in Newport Beach, California, you might need help knowing where to begin. How do you find the right agent to sell your home? How do you come up with a listing price for your house, and how much of a profit can you get? Fortunately, by working with a Newport Beach realtor, you can get the answers you need and get your home sold fast. Here's everything you need to know about selling your Newport Beach home.
Preparing your home for sale
Selling your home is hard work. Not only do you need to worry about putting your home on the market and selling it, but you also need to pack up everything you own and be ready to move once you have accepted an offer. On top of all that, you might even be searching for a new home while trying to sell your current residence. It can be overwhelming trying to balance everything out. Fortunately, there are ways to make the home-selling process much simpler. With careful planning and the right resources at your disposal, you can get your home sold fast without so much stress. Here's how to prepare your home for sale.
Interview real estate agents
When selling your home, what is the first thing you want to do? If you want the best results possible, you will want to hire a real estate agent to help sell your home. Choosing the right agent for the job is essential. Your choice of agents can either make or break your sale. So how do you find the right agent for the job? Homeowners take two main approaches when choosing a listing agent for their home: work with someone they already know or find a local real estate expert. There are many pros and cons to both approaches. If you are working with an agent you know, you already have the added advantage of working with someone you feel comfortable with. This could be a friend, a relative, or a neighbor. If you are fortunate enough to know an agent specializing in your neighborhood, your search is over.
Some homeowners, however, don't have an agent. If you don't have an agent in your social circle, you will want to interview different agents. Be bold and ask them questions! Your ideal agent should be open and transparent with you, and that begins by answering your questions. With this in mind, here are some questions you should ask:
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Do you have experience selling real estate in my neighborhood?
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How long have you been a real estate agent?
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What is your communication style?
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What is your marketing plan for getting my home sold?
These are just some of the many questions you should consider asking. Remember, your goal is to work with an agent you trust. That means asking as many questions as needed to find the right fit.
Determine your home’s value
Once you have found the right agent, the real work begins. During one of the first meetings, you and your agent must sit down and figure out how much you want to sell your property for. If you are working with an experienced agent, they will likely do most of the legwork for you.
One of the first things any experienced agent will do is provide you with their recommendation for pricing your home using a comparative market analysis (CMA). The comparative market analysis is a tool real estate agents use to show sellers the fair market value for their homes by comparing similar properties. Your agent will show similar homes that have sold in your neighborhood, giving you an idea of the fair market value for your home, ideally using listings that sold within the last three to six months. Through the CMA, you and your agent can determine the price you should list your home for. Use Dave Roberts Free Home Valuation Tool to determine your house value on the Market.
Selling your home
Selling your home in Newport Beach is a delicate balancing act. Not only do you need to ensure you'll sell your home quickly and for top dollar, but you also need to coordinate the timing so you will be able to move into your new home. How do you coordinate everything so the timing works out in your favor? By controlling whatever you can control. If you are selling your house, make sure it's priced right. Your agent will likely recommend a fair market value for your home — listen to them.
If your agent has experience selling Newport Beach real estate, they understand what works with local buyers and what doesn't. By listing your home at fair market value, you are more likely to receive multiple offers on your listing, giving you more power to choose the best offer for your home. Once you accept an offer for your current home, you can choose a closing date for your new home. Ideally, you will choose closing dates that align so that you can move into your new home with ease.
Bottomline on selling a house in Newport Beach
Are you considering selling your home in Newport Beach? Whether you are searching for new homes for sale in Newport Beach or you're relocating from the area, you need an expert real estate agent who will get your home sold fast. Backed by years of industry experience and an extensive background in luxury real estate, David Roberts is your go-to expert in Newport Beach real estate. He'll create a top-tier marketing plan to get your home sold quickly and for top dollar. Contact him for your free home valuation.
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