Tips for First Time Home Seller
Are you ready to sell your first Las Vegas home? Whether you need more space or you are relocating, it is important to understand the home selling process. Below are some great tips we at Galindo Group have provided for the first time home seller selling in today’s Las Vegas NV market. Not sure where to start? We are here to help! If you have any questions, feel free to contact us.
Know Exactly What You’re Looking For
What is your motivation for moving? What are you looking for in a new home? What is your time frame? Talk with your partner and learn about each other’s must-haves and deal-breakers. You’ll also want to address your finances including your remaining mortgage balance, your budget, and how much equity you’ll have after selling. If you’re working with a real estate agent, you’ll want to provide this list to them.
Research Available Homes
Mortgage rates, the time of year, and job growth all affect the housing market. And while it may be best in spring to sell a home in one location, it may not be the ideal time of year for you to sell your home. You can talk with a real agent at Galindo Group to learn about the selling window your market so you can maximize the sale price of your home.
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Choose a Realtor
A real estate agent or realtor will list your home, represent you and help you earn more for your home. Interview local agents and ask about the listing agreement, including the amount of time your home would be listed for. You’ll want to select an agent who is experienced and knows the market, like Galindo Group. We are the leading boutique brokerage in residential real estate throughout Las Vegas.
Price Your Home Competitively
A common mistake sellers make is overpricing their homes. You’ll want to obtain a comparative market analysis (CMA) and price your home in line with comparable sales. You can also pay to have your home professionally appraised -- which can cost between $300 and $700. If you’re using an experienced real estate agent, like Galindo Group we know about home values in the Las Vegas area. We’ll provide you with a pricing strategy that will gain the most interest. We have over 25 years of experience and have sold over $750 million dollars in local real estate.
Showcase Your Home
Clean and declutter your home. If you have pets and kids clear out toys, dishes, gates, and highchairs. You want potential buyers to envision themselves in your home so you’ll want to remove many ‘personal’ belongings out of sight. When you work with a real estate agent, like Galindo Group, we’ll help you stage your home, advertise it, and host an open house. We’re committed to stress-free and exceptional service.
Market Your Home
Potential home buyers are looking through countless listings online. Make yours stand out. If you’re working with a real estate agent like Galindo Group, we can provide quality photos, virtual tours, and advertise your listing. We’ll also create a compelling listing description that lists your home’s best features so it will spark interest.
Receive Offers and Negotiate
Once your home has hit the market and has been seen by interested buyers, you’ll start to receive offers. It’s at this point, your real estate agent will be your point-of-contact for advice. Depending on the offer, they may recommend you negotiate or make a counteroffer.
Close the Sale
This is the last step in the sale process. This is when your real estate agent will open an escrow account and order a title policy for you. You’ll also complete repairs if needed, submit property disclosures, review closing, costs, sign documents, and then close escrow. After closing escrow, the deed will be transferred to the new homeowners.
If you’re ready to list your home in the Las Vegas NV area, reach out to Galindo Group. Our team of real estate agents are passionate about real estate and we love putting people in their dream homes. We’ll go above and beyond to help make the selling process less stressful and get you the most out of your home!