When thinking about selling your home in downtown, North Central and Greater Phoenix, one of the first questions is the famous To Sell or Not to Sell my Home question. There is no right or wrong answer to the question and we simply like to give people information that will help in the decision making process.
Some of the factors people like you may consider are:
Why am I selling my home?
This may seem like a silly question, yet we’ve found a lot of people don’t seriously ask why they want to go through the hassle and inconvenience of selling and moving. Sometimes it is due to relocation, an increase in family size, school districts and such. What is your reason? We suggest putting the pros and cons of moving down on paper and considering each factor. Selling your home is a decision that warrants some thought.
How much is my home worth?
The current market value of your home is an analysis we do for a lot of people. It requires access to good data, a fair amount of leg work and the skills gained by working in the real estate industry for a long time. The Urban Team has performed hundreds of market value reports for people and would be happy to help you. There is no fee for this service, just contact us and well make it happen.
Some people go to Zillow.com to see what Zillow® says your home is worth. Sometimes Zillow’s numbers are okay, yet often not. They can not factor in the condition of the homes used in the analysis or verify the accuracy of the data. It’s the old garbage in, garbage out principle.
You can also hire an appraiser to determine how much your home is worth. A licensed appraiser takes thousands of hours of course work and has tools and information few others possess. For accuracy, an appraisal is often the best way to determine home values. It doesn’t come free though and you can expect to pay $400-$600 for an appraisal in the Greater Phoenix market. This figure varies by location and size of home.
How much will it cost to sell my home?
In general, we see the cost to sell a home averages in the 8.2% to 8.5% of sales price. The costs to sell a home in the Phoenix AZ area may include: Escrow Fees, Mortgage Payoff, Title Insurance, Real Estate Broker Fees, Recording Fees, HOA transfer fees, Seller Contributions, Home Repairs and more. The Urban Team can provide you with a net proceeds estimate for your specific home and situation. Just let us know.
What do I need to do to prepare to sell my home?
This is a big question for many. The short answer is it is up to you and depends on the condition of your home. Well maintained, updated, clean homes tend to sell for higher prices. However, some updates, remodels and repairs are not cost effective. We are often asked to come to a persons home simply to offer suggestions on what to do to prepare for a sale. This is a free service where we give you our best opinion of what will help your home sell at the highest price possible with the least amount of work and money on your part. It is just an opinion, yet the team’s decades of experience comes in handy here.
Where will I live once my home is purchased by a home buyer?
We feel this is a question best answered before you think about selling your home. If you are relocating to another area, you are probably going on-line and looking at homes. We advise people to get referrals to seasoned real estate agents and have them help. If you are interviewing an agent to help you buy a home, a buyers agent, we have an article covering questions to ask a buyer’s agent. It may help you find a really good person to help you.
If you are staying in the Greater Phoenix area, we’d be happy to help you research potential areas and neighborhoods. The goal is to have a good idea of areas that will work for you prior to listing and selling your home.
Taking a little time to look at the “to sell or not to sell my home” question is a good idea. Past clients have told us it really helped them to write down the pros and cons of selling a home. For some it helped them realize it was not a good decision while for others it simply answered the to sell or not to sell question with a big thumbs-up SELL.
If you have any questions we can help with, just let us know. Here is a link to our contact the Urban Team page. Plus, we have a section this website dedicated to questions and answers about selling your house in downtown, north central and greater Phoenix, AZ. The link below will take you to this part of the site:
The Urban Team at Realty Executives
7600 N. 16th Street, Suite 100
Phoenix, AZ 85020