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Therefore, it is perfectly acceptable for first-time buyers to receive advice, but what about when the first-time buyers decide it is time to sell their home? Selling your home for the first time is also a daunting prospect, and it is helpful to know what the process entails.

There are costs associated with selling your home

You would be forgiven for thinking that selling your home was predominantly about bringing money in, but this isn’t the whole story. You will spend money in selling your home, with estate agent fees being a notable cost. You also have conveyancing fees to consider, and the same approach should be taken to selecting a professional.

Of course, the work carried out by an estate agent is often critical in helping you sell your home. Therefore, this is a justifiable cost, but remember not all estate agents are the same. Some agents offer a more affordable fee than others, but value for money isn’t always about the lowest price.

Before you commit to an estate agent, determine what services you need from an estate agent. When you work out what support and services you need from an estate agent, it becomes easier to select the agent who helps you in the most effective manner.

What do you want to achieve from the sale?

If you are selling your home, there is a good chance you have a next move in mind. This next move will likely dictate what you hope to achieve with the sales process. You may be focused on selling your home by a particular time or you may need to sell your current home for a certain amount, so you can afford to buy your next home.

You should discuss these aims with your estate agent, as this will help them create a strategy for selling your home.

As a first-time buyer, you should be in a strong position in the property market. This is because your home should appeal to other first-time buyers, helping you reach out to a willing audience of buyers. Unless your home or the market has changed considerably in the time since you bought your home, the features which made the property appealing to you should also see it appeal to the next wave of first-time buyers.

As a first-time seller, you are typically in a strong position as your home is likely to be sought-after by a large pool of buyers trying to secure their first step on the property ladder.

At Austin Property Services, we believe selling your first home is a challenging process, but we are here to help. If you need help selling your home, get in touch, and we will be happy to assist you.

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