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Selling Process

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Is Spring Really the Best Time to Sell Your Home?

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Spring is in the air, and prime time for home buying and selling is in full swing. Spring is the most popular time to sell a home, by-and-large, but there are disadvantages to selling in the spring, too.

How Does Your Home Measure Up?

Everyone has to do some kind of prep work to get their home ready to sell. If yours needs major work, it may be better to wait until it’s done, instead of rushing to sell.
If your home is about the same age, condition, and has similar amenities to others in your neighborhood, it may be easier to sell in the spring when there are lots of buyers. Under those conditions, homes sell faster, and buyers often put in a competitive bid on homes to get into the neighborhood of their choice.

There’s More Competition

This can be a good thing or a bad thing: On one hand, your home could sell quickly at a profitable price, but on the other hand, it means you’ll also become a home buyer in a sellers market. Either way, it can create stress for both buyers and sellers. Buyers get outbid or have to submit bids on several homes before they get accepted. Sellers often benefit from having multiple offers but may have to leave their home sooner than they would like, find temporary living arrangements, or have problems finding another home quickly.

Will You Be Able to Find Another Home?

You have to live somewhere and your financial situation and ability to relocate has to be a consideration. Statistically speaking spring is the best time to sell. But ultimately your financial situation, ability to relocate and emotional readiness may be bigger factors.

 

A Home Trade-In Program can eliminate this and other stressful elements of the process. With Experience HomesHome Trade-In Program, there are no real estate agent fees, no showings to worry about, and you won’t have to pay two mortgages while you’re waiting to sell your home. Contact us today!
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Pros and Cons: For Sale By Owner or the Realtor Route?

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Pros and Cons: For Sale By Owner or the Realtor Route?

When it’s time to sell your home, many people decide to have a real estate agent help them with that process. There are some hardy souls, however, who decide to sell their homes themselves. Which is a better decision? If you’re thinking about selling your home, here is what you should know about the difference between hiring a realtor and going the for-sale-by-owner route.

 

Saving Money

A listing agent’s commission is generally around 6% of the sale price. There are homeowners who choose to go their own way to avoid having to pay that fee. The truth, however, is that because the agent knows the area and how to price a home to get it to sell, you may not get as much for your home if you choose to sell it yourself. Even saving yourself that 6% commission, you could still potentially be leaving money on the table.

 

Having More Control Over Timing

Some home buyers prefer to be the ones to set up showings and open houses to fit better around their schedules. Real estate agents, however, do work with homeowners to determine the best times to set up showings and open houses. In addition, potential buyers are often more comfortable viewing a home if the current owner is not present.

 

Preparing Paperwork

There are several complicated steps in preparing the paperwork necessary to sell a home – there can be more than 20 pages of paperwork. If you want to avoid legal problems, it’s usually a good idea to have a professional involved in this stage of the process.

 

Another Alternative

Experience Homes in Amarillo offers a Home Trade-In Program, where we will purchase your home and move the equity directly into a brand-new home. You won’t have to worry about finding an agent, staging or listing your home. You can also stay in your old home until the new one is built, saving you from having to figure out where you’ll stay in between selling one home and buying another.

 

When it’s time to sell your home, consider what will work best for you. An agent can ensure you get the most money for your home and that the paperwork is done properly. But our Home Trade-In Program can save you many of the hassles of the traditional buying and selling process.