Selling a home in Holly Springs can be very rewarding and profitable if you follow the proper steps. Holly Springs, North Carolina, is a charming suburb in the middle of Wake County. Conveniently located close to Raleigh, Holly Springs is an ideal location for anyone looking to set down roots, which means you will have no shortage of buyers if you’re looking to sell.
Preparing your house to sell
Determine your home's value
Setting the correct asking price for your Holly Springs home is the first step in the home-selling process. If you set the price too high, you will likely turn away potential buyers. In order to determine the right price, research homes for sale around your area that are comparable to your house. Once you have a list of asking prices, you can whittle them down to find the right price for your property.
Interviewing real estate agents
If you’re selling a home in Holly Springs, you will definitely need a real estate agent. Shop around and interview multiple agents to determine the right one for you. Make sure the realtor can give your property the time and attention it needs. You should ensure the agent knows the local market to better improve your chances of a higher profit sale.
Upgrades to improve your home value
Making upgrades to your home before you put it on the market is a great way to improve the property’s value. While these upgrades can include everything from fixing leaky faucets to applying a new coat of paint, stay away from making costly and time-consuming updates, such as knocking out walls or putting in a pool. These types of expensive upgrades never pay off in the end.
Good and bad times to sell
As the data shows, the best times to sell a house are always in the spring and summer. In fact, North Carolina, in particular, typically sees properties selling for 9.11% above the average price when sold in the summer months, such as July. Additionally, May typically sees houses in this part of the country sell 19 days faster than in other months. In comparison, the colder winter months, such as December and January, are without a doubt the worst months of the year to sell a house.
Staging your home and taking photos
When selling a home in Holly Springs, realtors typically stage the property to better reflect the type of buyers looking for houses in that area. After staging your home, you’ll want to hire a professional photographer to take photos of the property. Only a pro photographer can accurately capture the best features of your home.
Selling your home
Listing on the MLS
The Multiple Listing Service (MLS) is a tool realtors use to better list houses to a wider range of audiences. While this tool is super useful and important, only real estate agents can actually utilize it, which means hiring an agent is one of the most important things you can do when selling property.
Open house & virtual tours
Open houses and virtual tours are great ways to attract buyers to the house. While you can help with the preparation for an open house, it’s best to let your agent handle the tour. In fact, if possible, you may want to stay somewhere else to keep the house pristine and clean.
Cash vs traditional
All-cash offers are typically more desirable than the traditional mortgage loan most buyers use; however, not everyone can afford to pay for an entire house in cash. If you receive multiple offers, with one being an all-cash offer, you may want to heavily consider it as these types of offers cut out the middle, which means you’ll receive your money much faster.
When selling a home in Holly Springs, you should always factor in closing costs at the end of the sale. Closing costs are often overlooked and cut into profits. You can account for these costs ahead of time to ensure you don’t lose more money than you have to.
Frequently asked questions about selling your Holly Springs home
How long does it take to sell a home in Holly Springs?
On average, Holly Springs homes last around 57 days on the market; however, this number can vary depending on the time of year and location. You can also attempt to speed up the sale by following a few of the tips above, such as properly staging your home and hosting effective open houses.
How can I get the most money for selling my Holly Springs home?
As mentioned above, increasing the value of your Holly Springs home includes a number of steps. These may include making upgrades to your house, listing your property during the right time of year, and hosting effective open houses that attract multiple buyers. All in all, following the advice of your real estate agent is the best way to ensure you receive top dollar for your home.
Can I sell my Holly Springs home without a Realtor?
Selling your home without the assistance of a realtor will likely create a lot of headaches. If you do not have an education in real estate, you probably won’t follow all the steps in the home-selling process, which means you won’t sell your house nearly as fast or for as much money as if you utilized a real estate agent.