What to Expect During Your First Home Sale

What to Expect During Your First Home Sale

Your First Home Sale can be a wild experience. You’re dealing with a whole lot of money and a very valuable property, so you need to be careful. Here are a few things that you might want to look out for as you carry out your first home sale.

What to Expect During Your First Home Sale: How Long it Takes

You never really know how long a sale might take. It’s going to depend a lot on how the market is at the current moment – globally, nationally, and locally. On the other hand, you might have the perfect buyer swoop in on day one. You never really know what you’re going to get. On average, though, it usually takes at least two or three months to sell a house. This also will change depending on whether or not you have an agent. Regardless, you need to be prepared to not receive money for your home for around that amount of time. Be as proactive as possible when it comes to seeking out buyers.

The Costs of Selling

Ironically, selling is going to cost a good amount of money as well. You’re probably going to want to use an agent, first of all – and real estate agents typically collect a 6% commission for a home sale, along with any other fees they might charge you. You’re going to have to pour money and time into preparing the house itself. This might include repairs and upgrades, to utilities, appliances, and cosmetics that make the home more appealing to buyers. Consider hiring crews to clean or renovate if your house is in a level of disrepair that could seriously inconvenience you.

What to Expect During Your First Home Sale: Reasonable Compromise

Most buyers will want to negotiate a little bit. That’s okay! Try and set a price in your original listing that is low enough to attract buyers but high enough to leave some wiggle room for negotiation. Not only with the price but with circumstance, you might find yourself in less-than-ideal situations. For example, the wintertime is a slower period for sellers. You might have to wait longer than the average waiting time if you happen to list your home at a slow moment.

 

As intimidating as home sales can be, you should be excited! You’re gaining valuable experience in a market that will come in handy later in life. You’re starting another chapter and moving on. If you take the time and money beforehand to carefully prepare to sell your house properly, you should have nothing to worry about.

 

Check out this article on real estate situations that are becoming more common these days!

 Steelbridge Realty LLC  is a Licensed Real Estate Brokerage that utilizes cutting-edge marketing techniques and data-driven Real Estate solutions in today’s ever-changing environment. Our group of professionals have decades of experience and have navigated through many business cycles. Our diverse background gives us the tools to guide people towards successful decisions.

 



 

$5,800,000
Land For Sale
Active
1.3945
ACRES
LEE
COUNTY
1215 & 1233 Braman Ave
Fort Myers, FL 33901
Fort Myers Subdivision
$15,950,000
Single Family Home For Sale
Active
4
BEDS
9
TOTAL BATHS
10,033
SQFT
1240 Coconut Dr
Fort Myers, FL 33901
Palm Gardens Subdivision
Price Change - 2 weeks ago
$885,999
Single Family Home For Sale
Active
3
BEDS
3
TOTAL BATHS
3,467
SQFT
1249 Osceola Dr
Fort Myers, FL 33901
Riverside Subdivision
$2,290,000
Single Family Home For Sale
Active
3,230
SQFT
3752 Harold Ave
Fort Myers, FL 33901
Fort Myers Subdivision
$599,000
Single Family Home For Sale
Pending
3
BEDS
3
TOTAL BATHS
2,503
SQFT
1362 Braman Avenue
Fort Myers, FL 33901
Becklers Riverside Add Subdivision
Listing courtesy of Sara Kyle of NEXTHOME ADVISORS
$1,875,000
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
4,684
SQFT
3232 Mcgregor Blvd
Fort Myers, FL 33901
Riverside Subdivision
New Listing - 5 days online
$335,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
2,109
SQFT
1420 Moreno Ave
Fort Myers, FL 33901
Mcgregor Estates Subdivision
$6,000,000
Single Family Home For Sale
Pending
5
BEDS
5
TOTAL BATHS
7,719
SQFT
2844 Valencia Way
Fort Myers, FL 33901
Lynns Add Subdivision
$479,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
4
TOTAL BATHS
1,784
SQFT
1414 Alhambra Dr
Fort Myers, FL 33901
Fort Myers Subdivision
$569,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
2
TOTAL BATHS
1,903
SQFT
1353 Sunbury Dr
Fort Myers, FL 33901
La Chelle Manor Subdivision
New Listing - 5 days online
$524,900
Single Family Home For Sale
Active
3
BEDS
3
TOTAL BATHS
1,720
SQFT
1334 Sunbury Dr
Fort Myers, FL 33901
La Chelle Manor Subdivision
$199,900
Land For Sale
Pending
0.19
ACRES
LEE
COUNTY
1461 Barcelona Ave
Fort Myers, FL 33901
Fort Myers Subdivision
Price Change - 4 weeks ago
$2,795,000
Land For Sale
Active
1.1381
ACRES
LEE
COUNTY
1301 Poinciana Ave
Fort Myers, FL 33901
Poinciana Park Subdivision
Price Change - 4 weeks ago
$499,900
Single Family Home For Sale
Pending With Contingencies
6
BEDS
3
TOTAL BATHS
2,925
SQFT
1473 Barcelona Ave
Fort Myers, FL 33901
Valencia Terrace Subdivision
$950,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
3
TOTAL BATHS
2,898
SQFT
1436 Cordova Ave
Fort Myers, FL 33901
Fort Myers Subdivision
New Listing - 5 days online
$659,900
Single Family Home For Sale
Active
4
BEDS
2
TOTAL BATHS
2,306
SQFT
1542 Olmeda Way
Fort Myers, FL 33901
Allen Court Subdivision
$389,000
Single Family Home For Sale
Pending
3
BEDS
3
TOTAL BATHS
1,540
SQFT
1573 Maravilla Ave
Fort Myers, FL 33901
Allen Park Subdivision
$969,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
2,153
SQFT
1433 Lynwood Ave
Fort Myers, FL 33901
Fort Myers Subdivision
New Listing - 2 weeks online
$450,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
2
TOTAL BATHS
1,318
SQFT
1629 Maravilla Ave
Fort Myers, FL 33901
Country Club Homes Subdivision

 

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