Selling a house in Georgia can be a complex process but you will face no difficulty in handling this process if you plan it well.
The following guide will help you sell your house in Georgia properly and quickly. Read RedfinNow reviews to know how to get the best offers for your home.
The Best Time to Sell
June month is considered the best time to sell a house in Georgia. You are likely to receive 10% more offers during this time. The real estate cycle keeps rising and falling throughout the year. A lot more activity takes place in the real estate market during the summer months. The inquiries drop slightly during the September and October months, but they pick up again in the November. However, it is not possible for every homeowner to wait several months to list the home. You can improve the chance of your house being picked up by a buyer early if you prepare it well for sale.
Choose the Right Selling Method
There are different ways a house in Georgia can be sold. You can hire a realtor to help sell your house. It is the preferred option but its drawback is that you have to pay a commission to the listing agent. If you want to sell your home yourself without the support of an agent, be ready to handle a lot more steps involved in the home selling process. Another option is to sell your house through a flat fee MLS platform like Houzeo. Here you will receive all support services for listing your home for sale. You pay only a small fixed fee for selling your house through this platform.
The last option is to sell house fast for cash to a real estate investor. These investors are always looking for homes and ready to pay in cash. They close the deal quickly. The drawback of this selling option is that you will receive less than the current market value of your home. Check Clever real estate reviews to learn more about house sales.
Property Disclosure Requirements
According to the Georgia real estate laws, owners selling their property in Georgia have to disclose certain information to the home buyer. You do not have to state the obvious like a damaged part that anyone can see. However, if the damage is not so obvious but poses a significant risk to the residents, you must inform about it to the buyer beforehand. Prepare a list of repairs you have carried out. You are required to answer all questions about your home to the buyer.
Information you fail to disclose or hide can land you in trouble in the future. It is better to list all repairs and current damage details in the information you share with the buyer. Provide this information in written form so you retain the proof of informing these details. You do not have to disclose certain information like suicides, felonies, homicides, and deaths that have occurred on the property. However, if the buyer asks you directly about any of these incidents, you have to provide the required information to the buyer.
For Sale by Owner
You will face a lot more challenges if you go this route. However, you will save a significant amount of money as well. If you understand the complex process of selling a property in Georgia and are confident in handling all the steps, there is no reason you cannot try this option. It will require a lot more planning and involvement from you. You have to get involved in marketing, house inspections, staging, negotiations, and closing of the deal. You must know how to handle legal and financial paperwork.
Learn how to prepare your home for sale. The process will involve cleaning, removing waste and clutter, staging the property, and showing a prospective buyer all parts of the house. Keep in mind that you will have to show the house to many prospective buyers before one of them buys it from you. Deal with the people who are serious about buying your home. Provide most information beforehand so the house inspection is limited to the visual checks.
Price Your Property Competitively
Are you ready to wait several weeks or months for your house to sell, or do you want to sell it faster? Price your house depending on the urgency to sell your house. Pricing your house competitively will get you a lot more inquiries. If you price it high, you should be ready to wait longer. If you want to sell your house fast, price it lower. Check online platforms that list houses from your area. See at what prices homes like yours are being sold. Check the recent price trends for such homes. It will give you an idea about how much to price your home.
Flat Fee MLS Listing Option for Selling Property in Georgia
A multiple listing service platform connects a large network of service providers in this sector. They operate separately based on state, so it is important to list your house with the Georgia MLS unit. Most houses are sold through this channel so listing here can get you a quick and better result. Properties listed here sell faster and receive better prices. You can avoid the high commission of the real estate agent.
Within this category, you will find options like Houzeo which offers a flat fee MLS listing. You retain full control over your house and do not have to pay the high commission. A simple fee will get your house listed. The house details will become visible to all connected agents and buyers who check these listings. You will connect with the buyers directly and can negotiate the price and terms with them. It is an excellent option if you want to sell your house yourself and retain the maximum amount of the sale price.
Take advantage of the flat fee MLS listing service offered by Houzeo to protect your home value and save money. Your house receives a maximum promotion on this platform. Visit Houzeo.com to know more and list your home.