Answers to Home Selling Questions in Lexington, KY
If you’ve been thinking of selling your home in the Lexington area, you probably have some questions about the process. Selling a home is often a daunting task that takes an emotional toll. There are a lot of different ways to selling a home, and making sure you do it right is your top priority. To help you get started on the right foot, we’ve answered some of the most common questions in regards to selling your home.
What is the home selling process like?
After listing your home for sale, your agent will begin marketing the property. They will most likely schedule a few open houses and show potential buyers around the house. For your part, you’ll try to add appeal to your home by cleaning it and making sure it’s “show” ready. If you receive an offer, the agent will help you negotiate a deal and guide you through the closing phases.
What is the “best” time to sell the house?
Homes sell year-round, but like any business, there are busy and slow seasons in real estate. For Lexington, the Spring is one of the best times to sell your home — as the weather makes it easier to add curb appeal and buyers are on the look for their dream property. Buyers, generally during this time, are beginning to look for a home and settle down in a new location before the school year starts. During the winter is the slowest season for real estate. There aren’t many buyers looking around during the holidays, but for the ones that are, you can make easy deals with them.
Should I use a real estate agent to sell my house?
Financial capacities usually play a huge role in negotiation, so if one is not prepared, a real estate agent is a good answer. Also, they can get a contract drawn up for legal binding. They will also see that the home gets exposure with ads, photos, and listings in Lexington. To help simplify the process and save money on finding qualified buyers, it’s best to use an agent.
How much should I list my home for sale?
This depends on the market, so do the research beforehand. You can see what other homes have sold for in your neighborhood and gauge a good price from there. You can also consult with your agent, as they use a comparative market analysis to help get a good ballpark figure to price at. In addition, you can hire a home appraiser to see what value a lender might set for your home. All of these things are tools a buyer will also use to see how much they should pay for. So, if you both have the same number, making a deal should be easy.
How long will it take to sell my house on average?
This depends upon the property, location, price, condition, and market. An average house in Lexington will sell quickly if it’s in good condition and priced competitively. If the property needs money put into it, then it will be slower to sell — as it doesn’t appeal to buyers as much.
What factors affect the sale of my home?
Condition and price are the two biggest factors that affect the sale of your home in Lexington. If your home is priced competitively, then it should attract offers quickly. If your home is in good condition, then buyers won’t have any excuse not to buy the home.
What should I do to get my home ready to sell?
Make repairs where necessary. Anything that needs to be fixed should be completed before listing your home for sale. A good tip to making your home more appealing to buyers is replace the furnishings in the kitchen and bathroom. By switching out the faucets and cabinet knobs with new ones, it can make your home look “new” and fresh. In addition, it’s advisable to add curb appeal to your front yard. This is the place where you’ll make the first impression — and you want the home presentation to get started off on the right foot.
Selling Your Home in Lexington, KY
If you’d like more information about selling your home in Lexington, contact us or read our free home seller’s eBook: