When you’re finally preparing to sell your home, you’re likely to have a few questions—both for your agent/investor and for yourself. Let’s start with you. Here are some of the top questions homeowners have when deciding to sell their homes.
1. When is the best time to sell?
The answer to this question varies based upon you and your method. Are you selling to an investor or through a real estate agent? If the former, then anytime is a good time to sell. If you’re working with an agent, then you likely want to sell around February, as that is when the real estate market is at its peak.
2. How much is my house worth?
This is a tough question to answer, but it’s an important one. The best way to determine how much your home is worth is by looking at recently sold homes in your neighborhood. Find a home similar to yours in size and design, then see their sales price. You can view sale prices for homes on the multiple listing services (MLS) online database.
3. Should I make repairs?
It all depends on the type of repairs. There are many home repairs and renovations that are not worth your time or money. You might spend thousands of dollars but never see that money back when you sell. Instead, if you really want to see a good return on investment, focus on simple repairs. Tasks such as new flooring, paint, or lighting can really make a difference when you’re selling a home.