• Skip to content
(702) 460-5080
  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
The Smith King Team | KW Las Vegas

The Smith King Team | KW Las Vegas

  • Buy
    • Investment Property
  • Sell
  • Luxury
  • Locations
    • Green Valley/Henderson
    • Las Vegas
    • Lake Las Vegas
    • Mountains Edge
    • Queensridge
    • Skye Canyon
    • Southern Highlands
    • Summerlin
    • Sun City
  • Meet Our Team
  • Reviews
  • Contact
  • Blog
  • Our Partners

Selling a Home

Spread the love

Time to Sell

So, you’re ready to sell your home! Congratulations, you’ve come to the right place. We belong to one of the strongest real estate brokerages in the area, We have great confidence in our brand and you can too. We demand excellence throughout the home selling process.

We have established a solid reputation for impeccable customer service and marketing strategies. When you entrust the sale of your home to us, you are putting your faith in our entire network of experts in Real estate sales, Real estate purchases, Loan processing and Marketing.

Enter your information on this page to discover what your home is worth. We have experts in every area that have access to the resources needed to provide an accurate estimate.

3 Mistakes to Avoid When Selling Your Home

You’ve probably already noticed that selling requires a lot of preparation. Naturally, sellers would love to land a buyer as soon as possible. But, this isn’t always the case. 

The good news is that sellers can increase their chances of a seamless selling experience with the right knowledge. Here are some mistakes to avoid when selling your home as well as a few home-selling tips:

1. Not understanding the cost of selling a home: 

Many individuals focus on the potential profits they’ll gain when selling their home. However, it’s important to understand what it will cost you to sell your property. 

A common selling fee is the agent’s commission. The selling agent is responsible for listing your property and represents you as a seller throughout the process. Fees for a seller’s agent can range anywhere from 5-6% of the sale price. 

However, this isn’t the only fee that sellers need to consider. There are fees such as closing costs and repairs that can easily increase the amount you have to pay. With that said, be mindful of all fees involved. 

2. Being unrealistic about the home-selling price: 

It’s okay to want to get top dollar for your home, but it’s important to be mindful of how much you’re listing your home for compared to what the current market is. 

Remember, buyers aren’t obligated to purchase your home. If you set an unrealistic price that’s way above the market value, it will be difficult to sell your property. A real estate professional who understands the local housing market can help you price your home to sell while still helping you get the most out of it.

3. Only considering the highest offer: 

While the highest offer may seem enticing, it’s not always the best deal. Be mindful of high offers with a lot of contingencies that can lengthen the closing process and simultaneously leave sellers with a headache. 

3 Home Seller Tips

Now that we’ve discussed some common seller mistakes, let’s take a look at a few tips to help you successfully sell your home.

1. Price your home competitively: 

It’s best not to inflate the price of your home but rather price your home competitively. A home that’s priced too high will likely steer potential buyers away. But a strategic price plan will land you with multiple offers that will likely drive up the price of the home anyway. 

2. Weigh all offers carefully: 

Accepting the first offer or the highest bidder may feel like the best option, but it’s important to weigh everything carefully to ensure you’re getting the best deal. 

Ensure the buyer has been pre-approved, check for contingencies, and ensure the offer doesn’t exceed the appraisal value by too much to avoid a denial from the lender. 

3. Prepare for concessions: 

If you’re in a buyer’s market, it’s important to be willing to adhere to concessions to accommodate the buyer, such as the cost of repairs that need to be made. However, keep in mind which concessions are worth it and which are not. 

Home selling can be unpredictable. But using the best strategies will enable sellers to find the right buyer for their property. With that said, don’t underestimate the cost of selling a home, avoid setting an unrealistic selling price, and don’t just consider the highest offer. Instead, sellers should price their homes competitively, weigh all offers, and be prepared for concessions if they’re in a buyer’s market. 

Because it has a healthy job market and of course a vigorous tourism industry, Las Vegas is a great place to be a home seller. The Smith King Team can help you through the entire process of selling your home in a competitive market. Contact us today to get started!

What is Your Home Worth?Instant Home Value Estimation Tool
Tell Me About Your HomeClick here!
  • the luxury condominium community of Juhl that spans an entire city block.
    DOWNTOWN LAS VEGAS CONDO – JUHL
    by Robin Smith
    When looking for a  loft-style high-rise in Downtown Las Vegas, there is the luxury condominium community of Juhl that spans an entire city block.  The chief marketing officer of Juhl just announced record sales of 27 condos valued in excess of $10.7 million in the first quarter of 2022. This leaves fewer than 70 condo-homes […]
  • Land prices have been rising in Las Vegas quite rapidly this past year, leaving home builders to find new rural communities scattered around Southern Nevada for new projects.
    AS LAND PRICES RISE IN LAS VEGAS, HOMEBUILDERS LOOK TO MESQUITE AND PAHRUMP
    by Robin Smith
    Land prices have been rising in Las Vegas quite rapidly this past year, leaving home builders to find new rural communities scattered around Southern Nevada for new projects. The majority of the major builders in the region have been investigating properties to purchase in outlying areas such as Pahrump, Indian Springs, Moapa Valley, Mesquite, and […]
  • LAS VEGAS HOME PRICES HIT RECORD IN OCTOBER
    by Robin Smith
    It’s been a crazy year for the Las Vegas real estate industry. Despite job losses created by the pandemic, Southern Nevada’s housing market has seen rapid sales and record-high prices. Buyers have flooded sellers with offers and routinely paid more than the asking price. This is thanks largely to rock-bottom mortgage rates that have let […]
  • HOUSING MARKET IN LAS VEGAS STABILIZING, HOWEVER STILL SETTING RECORDS
    by Robin Smith
    In Las Vegas and all of Southern Nevada the median sale price of a single-family home is up 20.5% from a year ago, according to a report released by The Las Vegas Realtors a few days ago. The group said the median sale price of $406,500 for September established an all-time record in the area […]
  • HOUSE FLIPPERS BUYING LOTS OF HOMES IN LAS VEGAS
    by Robin Smith
    Southern Nevada has seen “iBuyers” also known as house flippers grab a bigger chunk of the market in recent months amid a broader surge of investors snapping up homes, according to a new report. Real estate firms that started in Southern Nevada and other cities in the United States in recent years to flip houses […]
  • “BEYOND CRAZY AND FRUSTRATING “ THE CURRENT HOUSING MARKET
    by Robin Smith
    An article by Chloe McMullen caught my eye and I wanted to share parts of it with my readers and clients.  Hopefully it can help those people that are trying to purchase a home in an extremely competitive market. According to CBS News, the pandemic-era real estate market has emerged as a windfall for sellers and a […]
View more Posts

Smith King Team | KW Las Vegas
9420 West Sahara Avenue, Suite 100
Las Vegas, Nevada 89117

(702) 460-5080

  • Basic Search
  • Advanced Search
  • Map Search
  • Address Search
  • MLS Number Search
  • Home Valuation
  • Mortgage Calculator
  • My Account
  • Login
  • Signup

Copyright © 2022
Another BREW from Ballen Brands

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are ok with this.Ok