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Seller’s Guide

One of the best ways to prepare for selling a home is to simply know more about the selling process. By taking time to research, finding out how to create an effective marketing strategy, and reading about some of the steps involved in a home sale, you’ll be on your way to making informed decisions once you put your home on the market.

Here are a few helpful tips to keep in mind:

Take a look at comparable homes

Search online and take a look at other listings within your area. Look for homes similar to yours in terms of size, floor plan, and features. This will help give you an idea of your home’s current value, allowing you to set a competitive price range.

Set a time frame

Before putting your home on the market, try to set a realistic time frame. If you’re looking for a quick sale, ask your realtor for a complete market analysis of the area and find out how he or she can help you accomplish your goal. If you’re not in a hurry, request for a thorough analysis of local market conditions so you can figure out the right time to sell your property for the best price.

Make sure your finances are in order

Take a look at your financial situation and prepare for different possibilities prior to selling your home. Ask your agent or financial advisor on the potential impact of the sale, request for an estimate of proceeds, and try to come up with different strategies on how to save on tax. During a home sale, you need to have full control of your finances, so you can use them to your advantage throughout the selling process.

Need more information on selling a home in communities like Chevy Chase or Bethesda, MD? You can get in touch with me by calling 301-219-6517 or sending an email to larry@gibbonsgp.com