Five Things You Might Not Know About Selling Your Home in San Mateo

When you decide to sell residential property, you should focus on finding a reliable and knowledgeable realtor immediately. A realtor can help you advertise your homes for sale in San Mateo, CA, provide you with professional services, and ensure that your home sale is acceptable under California law.

For best results, hire a realtor with extensive experience working within the San Mateo, CA, real estate market. Every geographic region has its own unique market, and homes within the San Francisco Bay Area are exceptional. Lin Storer and her team are experts in this area and the local market and are more than ready to guide you through the process.

San Mateo has one of the most dynamic real estate markets in the United States. Also, the San Francisco Bay Area is one of the country's most desirable spots for home seekers. People want to move to the San Francisco Bay Area to be near Silicon Valley, the City of San Francisco, and everything the Bay area offers.

The following are five things you may not know when you decide to list your homes for sale in San Mateo County.

Some renovations may not have added value to your home

As a seller, it can be tempting to want to upgrade all the features in your home to make it stand out on the market. While many renovations will lead to a positive ROI, others may not. In fact, you may lose money on certain renovations you make to your residential property. For instance, if you invested thousands of dollars in renovating your kitchen, bathroom, and living room, you might not see a proportional increase in the sale price. It’s very important that each home is evaluated individually to determine the best course of action.

An appraisal may take into account other features of your home, and renovations may or may not increase the final value. When you speak to an experienced realtor like Lin Storer, you can discuss the difference between the fair market value of your home and the sale price on the real estate market. Lin can advise renovations to prioritize the things that matter most.

When you consider renovating your home, you need to factor in the possibility that these renovations may not enable you to increase the sale price of your home. Some buyers will not be interested in the upgrades you performed, and it can be challenging to influence the fair market value of your home during a short period of ownership and maintenance. Sometimes, it’s the minor upgrades that will make the most significant impression on a buyer and lead to a higher sale price in the end.

Work with someone you trust

It’s critical that you work with a real estate professional you can rely on to help guide you in determining an accurate listing price for your home compared to other homes for sale in San Mateo county, setting up open houses and private showings, negotiating terms and counteroffers, and making decisions on any renovations you might need to do. You want someone on your side who has extensive market knowledge and insider input on the ins and outs of the transaction process.

The time between the acceptance and closing is your responsibility

You need to make sure that nothing happens to your home during the time between the acceptance and the closing. Naturally, buyers will want to take possession of a home that’s in the same condition in which they purchased it. If something damages the home's structure as you’re moving out, you need to inform the buyer and the buyer’s agent immediately. Also, you need to keep making current payments for homeowner’s insurance until the real estate closing is complete and you no longer own the home.

Disclose every defect in the home you are selling

You need to make sure you perform a thorough review of your home and create an inventory of every defect associated with the residential property. When you sell your home, you need to make it clear that you are aware of the imperfections in your home. Attempting to hide defects, or preventing the buyer from learning about them, can cause legal problems for you after you sell the home. For example, if the buyer is unaware the home is infested with termites, but you have actual or constructive knowledge of a termite infestation, you may be sued by the buyer.

When you perform a review of your home, you need to focus on being diligent and focus on every detail of your home. Walk through every room of the home yourself, but you should also hire a professional inspector to discover any defects associated with your property. By hiring a third party to examine the home for defects, you can have a more reliable report to give the buyer. Performing this task can help you protect yourself from any future litigation that may arise if you fail to disclose defects.

Buyers will likely view your home online

Realtors do not often introduce buyers to residential property without showing them an online listing first. Buyers will also peruse online inventories of homes listed on the real estate market on their own. Also, many of these buyers check the real estate listings multiple times daily to see if any promising new homes are on the market. For this reason, you need to create amazing photographs and marketing materials for your home. A buyer should love your home when they first view it online. An experienced realtor can help you get the photographs and advertising materials you need to entice buyers to your home for sale in San Mateo County.

Contact Lin Storer in San Mateo County today

If you are interested in selling your gorgeous piece of San Mateo County real estate, look no further than expert agent Lin Storer. Since 1986, Lin Storer has been guiding buyers and sellers to achieve their real estate dreams. Reach out to the team today to sell your elegant home, and watch as the offers start flooding in.

*Header photo courtesy of the Lin Storer Team

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