While popular beliefs may be chock full of fascinating details, they are hardly the truth about selling real estate. Even if it is a false description, what people believe can significantly influence their decisions. When it comes to selling your home, it’s best to have your eyes wide open to all of your options. Don’t allow the misguided advice of others to lead you down the wrong path.
In taking the time to learn more about these myths, you may save thousands of dollars by making a well-informed decision, keeping more of the equity you’ve built for yourself. So read on as we explore three myths people believe about selling real estate in Sacramento.
1. Sell It Yourself and Save Money
One of the most famous fables people believe about selling real estate in Sacramento is that you’ll save money by listing your home as an FSBO. Typically, this option is selected to save the high real estate commissions and other fees to earn a higher profit on the sale. Statistics, however, tell another story indeed. Only eight percent of home sellers tried this sales method in 2020, and the homes that did sell sold for significantly lower prices, in most cases costing the sellers more than the real estate agent commissions would have been on the current market value. However, did you know that you could work with a professional buyer, like those at Private Capital Real Estate Buyers, to buy your home without paying the expense of commissions?
Before putting the house for sale
For Sale By Owner (FSBO) has a major pre sale effort that must be undertaken. Understanding the selling real estate paper work is a must. Do the due diligence of real estate transaction before the commitment of selling a home by yourself.
2. Open Houses Sell Homes
Another myth people believe about selling real estate in Sacramento is that they must prepare their homes, set out drinks and snacks, vacate the property and allow their agent to hold open houses to sell their homes. However, as a real estate agent, the interest in holding an open house isn’t typically to sell the property, although it is nice when it happens; instead, their goal is to find new clients interested in buying property. Furthermore, while most walk-throughs at open houses are nosey neighbors or looky-loos, some are also thieves who want to scope out the property. The truth is that most homebuyers find their new homes online, and if a buyer was genuinely interested in your property, they could simply call the agent and set up a showing. Did you know that you won’t have to worry about open houses or showings when you sell directly to a professional buyer like those at Private Capital Real Estate Buyers? You’ll save the prep costs, and any worries about passing the inspection go out the window because at Private Capital Real Estate Buyers, we buy houses as-is.
The Open House is Only One Part of a Real Estate Marketing Plan
Just like a successful business has a marketing plan so do professional real estate agents create marketing plans to sell properties. Success takes a plan. Selling your home takes an individualize property sell’s marketing plan.
Achieving the maximum price is commonly the most important aspect to the home owner. Coffee Real Estate agents will work with you to navigate today’s real estate market to accomplish the very best price.
How fast it sells is commonly just as important as price. Balancing of speed and price is the skill of marketing your house.
3. You Can Guesstimate Your Sales Price
Another one of the myths people believe about selling real estate in Sacramento is that by viewing a few listings online, you can determine what your house can sell for with a close guesstimate. But unfortunately, the incorrect sales price on a listing, whether set too high or too low, can cost sellers time and profits. In addition, an error in either direction adds time to your listing because buyers will likely continue to scroll through the thousands of listings available at their fingertips. Did you know a professional buyer like those at Private Capital Real Estate Buyers will detail your profits on listing with an agent vs. a direct sale so that you can make an educated decision?
Working with the professional investors at Private Capital Real Estate Buyers chases away the myths about selling real estate in Sacramento, saving you valuable time and money. Let the pros at Private Capital Real Estate Buyers help you solve your problems. Call Private Capital Real Estate Buyers at (916) 276-8482.
Establishing a property listing price
Establishing a property listing price is both an art and science. The science ranges from very simple to very complex set of variables. The art comes from experience, understanding the current real estate market, comprehension of the property function and aesthetics, financing and seeing the whole in real time.
There are three basic ways to reach a real estate market value. First is a comparative market analysis generally called a “CMA”. Anyone can create a CMA. No training, certification or license is required. CMA’s are done quickly with the generalist data. An algorithm with today’s technology can generate a CMA with public data in microseconds.
The lack of standards make CMA’s from an untrained person of very little value or accuracy. Some real estate professionals have strong individual standards that create the discipline needed to gather and evaluate the data to achieve a quality CMA market value report.
Private Capital Real Estate Buyers helping Sacramento property owners get top dollar for their house. Take the hassles out of selling your house. No repairs, no deep cleaning, no groups of people walking through your home, no commissions, no closing fees, sell in “as is” condition. Close and walk away with cash when you want too. Now that is a hassle free property sale. We buy house for cash in Sacramento.
Private Capital Real Estate Buyers helping Elk Grove property owners get top dollar for their house. Take the hassles out of selling your house. No repairs, no deep cleaning, no groups of people walking through your home, no commissions, no closing fees, sell in “as is” condition. Close and walk away with cash when you want too. Now that is a hassle free property sale. We buy house for cash in Elk Grove.