As the 4th largest US city, Houston’s real estate is much in demand but expert predictions reveal that the city’s real estate property is soon going to be a seller’s market. Major elements of the selling process include hiring a listing agent, inspecting, pricing, selecting buyers and negotiating. If sellers can nail down these pointers, they would find it easy to make a great sale. Here are a few real estate tips for sellers in Houston –
Hiring a Listing Agent – 90% of great home sales are made when there is a listing agent to help out. If someone does not have ample experience in selling property, market conditions, regulations and laws, it is best to go for a listing agent. Since real estate is a significant financial activity, professionals can do it best.
Fixing Up and Inspection – Before the buyer has an inspection, the seller should do the same and fix up any issues that crop up. It is also prudent to clean up the place properly before putting it up for sale. It gives a great first impression, ensures that the sale is quick, and might even result in better money.
Pricing Properly – If the home is priced too high, it wouldn’t sell and if it is priced too low, it would result in a loss. The best tip is to hire a seller’s broker. This professional would offer a lot of pricing advice and ensure that the pricing aspect of the deal is taken care of efficiently.
Choosing Pre-Approved Buyers – It is important to ensure that the buyer is financially able to conclude the real estate transaction. Even with pre-approved buyers, sellers can request statement from the buyer’s lender.
Negotiating Smartly – While negotiating, seller’s should remember that Houston is a strong seller’s market and must be realistic. They should have their listing agent by their side and must understand the point of the buyer. Why is the buyer asking for a low price? Are there any genuine problems with the house? If that is the case then the buyer is right and the seller should understand that.
Houston based Haidar Barbouti has spent close to three decades with his family converting the real estate scene of not just Houston but the entire United States. His professional acumen is unmatched but as he has grown, so have his charitable acts. His advice to Houston sellers is to not put everything on the shoulders of the agent. Even after hiring an agent, it is the seller’s job to ensure that all the aspects of the property are in order. With these simple tips, people would find that the real estate market of Houston would be amazing for them.