Are you thinking about selling a home in Arvada? If so, you probably have questions about what you need to do to get your home ready to sell and what steps you should take to ensure you’re able to get the best possible offers. You’ll find answers to many of the most commonly asked questions about selling a home in Arvada in the sections below.
Preparing your house to sell
Interview real estate agents
Real estate agents play a crucial role in home sales. They will help you stage your property and develop an effective marketing plan. Take time to research real estate agents in the area to see who might be the best person for you to partner with. One of the best ways to learn about agents is to read reviews online from past clients. Don’t be discouraged if you find that an agent has a few negative reviews alongside several other positive reviews. This is normal for an agent who’s been in the real estate industry for several years. You may even ask to meet an agent in person before the two of you officially begin working together. This is a great way to learn about their experience and qualifications while determining if the two of you are compatible to work together.
Determine your home’s value
Once you have a real estate agent, ask them to run a Comparative Market Analysis for you. This report will give you a better idea of what your home’s appraised value could be based on sales of similar properties in your area in recent months. After you have this information, you can work with your realtor to determine the best possible price for your home based on the availability of other homes nearby and the current state of the local housing market.
Upgrades to improve your home value
If you aren’t planning to immediately put your home on the market, you may want to make a few small upgrades to increase your ROI and help your home stand out on the market. You can research what projects have provided the best returns for other homeowners and sellers in recent months. You can also look at other properties in your price range to see if there are any features or amenities that stand out. You will want to make sure that your home isn’t at a competitive disadvantage if it can’t compare to other homes on the market at a similar price point.
Good and bad times to sell
Usually, late spring and early summer is the best time of year to sell a home. Average sales prices are often higher during these months. The market typically cools down in the fall and winter, and it’s wise to avoid selling during these months if you can. Most sellers find that putting their home on the market on Thursday afternoon gives them the best chance to attract the most interest from prospective buyers.
Selling your home
Listing on the MLS
The MLS, or Multiple Listing Service, is an online platform that connects sellers with prospective buyers. It’s only accessible to licensed real estate agents, so you won’t be able to use it if you don’t team up with a realtor. The benefit of the MLS is that buyers who search for homes are often more seriously shopping based on the fact that they are already working with a realtor to help with their home search. You’ll pay a small fee to put your home on the MLS, and you can discuss with your realtor if you want this to be a component of your marketing plan.
Once your home goes under contract, an appraiser will visit the property to confirm that it is selling for a fair market price. They will take into account the home’s condition and the sales of other properties in your neighborhood in recent months. If your home doesn’t appraise, your buyer may struggle to get the necessary funding from their lender. In this situation, the buyer can either use a larger down payment so that they don’t have to borrow as much, or you can renegotiate the sales price of the home.
Sellers usually pay between six and ten percent of the total value of their home in closing costs. This usually comes from the proceeds of your sale and isn’t an expense that you have to pay for out of pocket.
Frequently asked questions about selling your Arvada home
How long does it take to sell a home in Arvada?
Homes in Arvada usually sell within three to four weeks after going on the market. Some homes experience higher demand and may go under contract within a week after the listing goes public.
How can I sell my Arvada home faster?
The best way to sell your home faster is to take your marketing and staging efforts seriously. Your realtor can offer advice and insight in both areas. Effective marketing will help you engage with a wider group of potential buyers. Consider how you might use social media to your advantage by running promoted Facebook ad campaigns or sharing professional pictures of your home on your social media platforms that your friends and family can share on their own pages. As for staging, there are several home staging tips that are easy to implement without professional help. You can also hire a professional home stager or an interior designer to help you with your sale if you prefer.
Ready to sell?
Reach out to Robyn Phipps when you’re looking for a trusted advisor who can help with selling a home in Arvada. Robyn and her team will work tirelessly to help you get ready to sell. They are gifted listeners who truly care for their clients and take the time to thoughtfully answer each question with respect. They would love to help you however they can when you’re ready to take the next step toward putting your home on the market.