How to Sell My Timonium, Maryland home fast! 21093
I'm Ready to Sell My Timonium Home Now, What Next?
When thinking about how to sell your home in Timonium, as painless and efficiently as possible, there are many steps to complete. Selling any home is more than just simply putting a sign in the yard or putting your home on the internet. Whether it's your first time selling your home or not, no two home sale transactions or markets are the same and it's important to discuss all the details of how to sell your home in Timonium. Having the details in place can be the difference between a smooth sale or a nightmare sale.
A Few Things To Think About
Watching hours of HGTV isn't going to make the home owner or unlicensed professional a home expert. Real Estate is local to each state and area. Also, those shows are edited for TV ;)
Consider this:
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Is desired list price in line with the current comparable Timonium homes under contract in Lutherville 21093?
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Will a fast sale net you the funds you will need after expenses?
Bottom line is are you ready to really sell your Timonium home?? If you answered yes to these questions, you might just be ready to sell your home.
A Deeper Look
1. PRICE YOUR HOUSE RIGHT.
Meet with a local Timonium REALTOR. Meeting with a REALTOR is truly the first step. Meeting with a REALTOR does not obligate you to sell. Don't feel pressured. It either makes sense to list your Timonium home with me at a price it will sell or not. This meeting gives you the opportunity to understand the home selling process, Timonium Market Analysis, and get additional information.
Review the recent comparable sales in your community. Everyone thinks their house is the best house in the neighborhood, even before reviewing the homes that have recently sold in Timonium. Not all updates will return your money spent on investment nor will they all increase the value significantly today. Reality is your house will produce a offer that the current market states it's worth and what a buyer is willing to pay. Comparable sales will help you price your Timonium home correctly and understand what is actually selling. Trust and believe a serious buyer who is working with a local Timonium Realtor is being shown the same recent sales in Timonium.
In addition, the house must still appraise! If a buyer is willing to pay what you want for your home and using financing and it’s over price it will still not close as the appraiser for the buyers lender will most likely insist the contract price is too high. So you as a seller are then forced to reduce your contract price to the appraised amount or the whole thing falls through and back to square 1, reduce or take your house off the market and wait for a better time to sell.
See why it’s so important to price it right?
*Keep in the mind, if the buyer is using bank financing , the house MUST appraise. No if ands or buts. Sellers, don't step over dollars for dimes!
2. WHAT ARE CURRENT TRENDS?
What's selling in your neighborhood? Are stainless steel appliances and hardwood floors the magic sauce that's selling right now in your community? Or is the well cared for home in a desirable community around desirable schools the hot sell? If your home doesn't fall in the current selling trend or near an undesirable locations, first consider if you can get what you need when you sell the way it is and/or does it make sense to invest?
Meet with a Timonium REALTOR to discuss your options.
3. PRESALE INSPECTION
This is an option. Some sellers may feel like “why am I getting an inspection as the buyer is going to get their own.” While others may feel it's necessary to find a fix issues now prior to selling. In addition, a pre sale inspection may give a buyer additional confidence in the home. In Maryland, a pre sale inspection is not required of the seller.
But put yourself in the buyers shoes. If the Timonium home buyer is looking to buy a decent home with minimal issues (as most buyers are) and repairs are completed upfront with documentation of repairs, a home warranty wouldn’t you feel more comfortable not only writing an offer BUT even coming in at full price?
4. CONSIDER ALL OFFERS
Sellers, when you meet with a Timonium REALTOR, and discuss everything. They will probably discuss additional recommendations. One important recommendation is to be flexible and consider all offers. Most buyers, especially first timers, are going to ask for closing cost assistance or offer a slightly lower price or terms you may not initially want as a seller. But that doesn't necessarily mean that this is buyers final offer. If what they are offering doesn't work, consider a counter. Sometimes that is just the opening of the dialogue to begin negotiation. Until one party states "FINAL OFFER", the negotiation process may continue.
The sale of your Timonium Home MUST be a WIN WIN for both parties.
For your Timonium home to sell fast and successfully, all parties must be happy with the terms. The market truly determines the price.
NEXT STEPS:
Schedule an appointment now.
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KELLER WILLIAMS REALTY BALTIMORE
2936 ODONNELL STREET
443-465-8443 DIRECT
