Using a proven home selling strategy is crucial to getting top dollar for your property. Your agent at Sonoran Sky Real Estate will walk you through proven tactics to get your property in front of more potential buyers. By following proven strategies, they can target a specific demographic and customize your strategy to maximize your home’s appeal. Their services include staging, choosing the appropriate price, scheduling open houses, and evaluating feedback. Agents also keep abreast of the current market trends and are always prepared to close a deal.
1. Get Pre-qualified
Getting pre-qualified is crucial if you want to buy a home, and you should consider using a mortgage broker if you plan to buy a home in Arizona. A mortgage broker can give you valuable information about how much money you will be able to borrow for a home. They can also help you determine if you can afford the home. It’s best to talk to a real estate agent before you make an offer. Their inside knowledge can help you guide your offer to a successful purchase. For example, if the seller is motivated to sell, they may have another home in mind.
Before you start shopping for a mortgage, make sure you know what your current credit score is. It is common for first-time home buyers in Arizona to have a VantageScore of 719 or less, so it is vital to know your credit score. Luckily, there are free credit score tools on the Internet that you can use to check your score. Copper State Credit Union members can also sign up for free credit monitoring, which will help you get pre-approved for a mortgage.herbal remedy
2. Get Educated
Before you decide to sell your home, make sure to get a pre-sale appraisal. Using a pre-sale appraisal will give you a better starting point when pricing the home. In Arizona, sellers generally cover between 1.30% and 2.10% of closing costs, which can mean thousands of extra dollars for you. In addition to getting an accurate pre-sale appraisal, you can also benefit from using cash offers and house buying companies.
Before selling a home in Arizona, you should make sure that you are licensed as a real estate agent. You can get your license within 2 months after passing the test, but if you are a new agent, you should have your business card updated regularly. After all, you want to look good to prospective buyers. A real estate license also has its benefits, such as lower costs and faster closings.
3. Research Homes
Cash offers for your Arizona home are competitive, mainly due to a high number of investors. Cash purchases in Arizona increased by 28.7% year over year in January 2022, according to the HomeLight home value estimate. Investors typically pay less than market value for a home, so be sure to research your comps. You can use a simple sale comparison website to see how your cash offer stacks up against the open market price.
4. Get Representation
Using a real estate agent is essential when selling your home in Arizona. Agents will perform a comparative market analysis on your property based on the popularity of the area, recent upgrades, and other factors that will affect the value of your home. Homes vary in size, location, and amenities, so it is essential to get a professional appraisal to ensure you are getting the best price. Once your home is listed with an agent, they will work on the negotiation process with you.
If you are selling your home FSBO, your property will be in direct competition with homes that have marketing resources. This can leave you in a vulnerable position and could lead to costly consequences. It is crucial to make your property look as professional as possible. Older properties commonly have outdated electrical systems, which can pose a significant safety risk. Your Arizona real estate agent can negotiate with prospective buyers and handle all the necessary paperwork.
5. Find Your New Home
If you’re planning to sell your Arizona home, here are some tips to make the process go smoothly. First, make sure that your home is in “broom clean” condition. This means you should remove all clutter, excess items, and trash from the property. Also, make sure to take care of the repairs that need to be made to the house. A dry funding state like Arizona requires all parties to sign mortgage documents, and no funds will be distributed to the seller until the loan is closed.
Next, make sure you have a good marketing plan. A full-service real estate agent will offer professional photography, aerial photos, and 3-D tours. Aside from these, you should post your listing on multiple platforms. Most sellers use a variety of online and offline advertising platforms to promote their home. Other methods include yard signs, word-of-mouth, and online classifieds. Aside from these options, you can also try selling your home yourself through a cash offer company. These options will help you save time and money by doing all of the paperwork on your own.