08 Sep What to Expect When Selling Your First Home in Phoenix
Selling your first home is exciting, but it can also feel overwhelming and stressful if you don’t know what to expect. You’ve probably heard that selling a house is expensive and time-consuming, and it certainly can be depending on your selling strategy. Here’s everything you need to know about what to expect when you sell your first house in Phoenix.
Preparation Is Key
Decluttering, cleaning, and staging your home takes time, but they’re important steps to take when selling your first home. In the months leading up to listing your home, take the time and effort to go through each room and clear out any excess stuff. Clean your home thoroughly top to bottom, inside and out. Then lightly stage with fresh new touches like rugs, throw pillows, and art. Completing these steps before you list will help the listing photos, open houses, and house showings go smoothly.
Closing Can Take 30-60 Days
You might think that preparing your home, listing, and fielding offers is the hardest part of the job and that once you accept an offer, it’s smooth sailing from there. But that’s not always the case. The buyer’s lender will often be the determining factor in how long closing will take, but it’s typically between 30 and 60 days. This allows time for a home inspection, an appraisal, and any repairs that the buyer requests. During the contract period before closing, you’ll need to make your house available to the buyer to complete their due diligence.
Sellers Usually Pay Agent Commissions
Most home sales involve a buyer’s agent and a seller’s agent, each of which typically charges a 3 to 6% commission on the sale of the home. That can add up to 10% of the home price, and the seller is usually the one that pays the commissions. This means that if you sell your home for $300,000, you’d pay around $30,000 in commissions (plus extra closing costs), so your takeaway will be less than $270,000.
You Have Other Options
Don’t have 60 days to wait to close on your house? Not interested in paying a realtor thousands of dollars to sell your home? You have other options when it comes to selling your house. You can list your home for-sale-by-owner to avoid paying realtor fees. Another solid option is to sell to a cash buyer. Cash home buyers offer quick closing because they don’t have to wait on lender financing, and they don’t charge fees or commissions.
Max Cash Offers Is Here
Selling your first home can feel both exciting and stressful. Max Cash Offers is here to help! We offer the fastest and easiest way to sell a house in Phoneix, Arizona, and the neighboring cities. Here’s how it works: tell us a little bit about your home, and we’ll make you a no-obligation, all-cash offer in as little as 24 hours. We can close on any day you choose, and you won’t pay a penny in commissions or fees. It doesn’t get easier than that. Get your Max Cash Offer today!