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Selling Your Home In 2021? 

SPECIAL OFFER: DUE TO COVID-19, WE ARE PROVIDING FREE 3D MATTERPORT VIRTUAL TOURS TO OUR CLIENTS IN ORDER TO ALLOW BUYERS TO TOUR YOUR HOME VIRTUALLY. CLICK THE IMAGE BELOW.

Selling Your Home in Fairbanks or North Pole, Alaska?

Has the time come to sell your home?  Maybe it’s time for an upgrade to a larger home, or the kids are out of the house and it’s time to downsize.  Or you are heading south for a new job.  Whatever the reason may be, the idea of selling can seem intimidating and overwhelming.  You may feel that there is an endless list of things that should be done to your home before you feel comfortable with buyers walking through.  But what items should take priority?  What items should you spend time and money on to achieve top dollar for your home?  Are some of the items that you think need to be done really necessary?  These are all questions that the Realtors® at Hedgecock Group Real Estate will answer for you.  Contact us anytime and we will be happy to meet you at your home and help you make a game plan on what needs to be done before you list your home for sale.

Pricing Your Home For a Successful Sale and To Achieve Top Dollar

After we determine what, if anything, should be done on your home before hitting the market, we will take an in-depth look at the current market conditions, recent sales of similar properties, and determine the value of your home.  Pricing your home correctly is critical.  We will make sure you are not leaving money on the table when you sell your home, all while making sure that you are not overpricing your home.  Buyers are smart and have access to lots of quality information and more often that not know when a home is overpriced.  When a home is priced correctly, it is quite common to sell for at or extremely close to asking price.  You do no need to overprice a home to leave room to negotiate.  In fact, this can actually end up shooting you in the foot, so to speak.  When a home is overpriced, it generally sits on the market for much longer than a home that is priced correctly.  And even if over time the price is reduced to what would be considered market value, buyers will wonder what is wrong with the home since it was on the market for so much longer that most other homes in the area and since there were subsequent price reductions.  Then often times you end up needing to drop the price to under market value just to pique buyer interest again. 

Staging Your Home

One of the most common questions we receive from folks that want to sell their home has to do with staging.  With all of the reality TV shows, it’s easy to think you need to hire a professional stager, or get new furniture, or strategically place fake flowers throughout your home.  This couldn’t be farther from the truth.  The majority of homes that are professionally staged are homes that are being flipped by an investor.  This is extremely common in the lower 48, but not in Fairbanks and North Pole Alaska.  Staging is simply preparing, or getting your home ready to sell.  On occasion, there are homes that do not need any staging done.  But most of the time, we will give you a punch list of items that need to be done such as taking items out of closets so they are not overflowing, taking excessive items off of the kitchen counters, a general deep cleaning, replacing light bulbs, removing dog poop from the yard, having the carpets professionally cleaned, taking all of the hanging items off of the fridge door, putting extra shoes from the entry way in the garage, ect.  In some instances, we will recommend larger to-do items such as painting or new carpet.  But most of the time, the list will require just a little money and time to get done.

Photographs

After your home is cleaned and staged, we will have our professional photographer come and take pictures of your home.  How many times have you seen a home listed for sale that only has 5 pictures?  Or the pictures are dark or a terrible angle?  You know the saying, “You never get a second change to make a first impression”, this goes for selling a home as well.  And that first impression is through the pictures that potential buyers see. Our professional pictures will make your home shine and will make buyers want to come see your home.

Your Home is on the Market, Now What?

Now things get exciting!  Hedgecock Group Real Estate will actively be marketing your home for sale through all of our local, national and international resources including networking with other Realtors® in Fairbanks and North Pole.  We are available for phone calls, emails and to schedule showings on your home after hours and on the weekends.  After all, most buyers like to look at homes when they are not at work.  Speaking of buyers, the buyers we schedule showings for will not be just any buyer, but ones that have been pre-qualified from a lender and are truly in a financial position to purchase a home. When we have a showing request, we will contact you to confirm that the day and time works for you.  You won’t have random door knocks, or people you don’t know contacting you for a showing.  The only person contacting you will be a licensed Realtor® from Hedgecock Group Real Estate. 

We will continue marketing and showing your home until we have an offer that is acceptable to you.  When we receive an offer, we will promptly present the offer to you and break down all of the financial aspects of the offer, important dates, any contingencies, detailed information about the buyers loan program and lender and how they can affect you and the closing process and so on.  There are a lot of details to go over with an offer and we will make sure you understand all of the pros and cons so you can make an informed decision. 

You Accepted a Great Offer!

Depending on the offer, it is common for it to take 30-45 days to close the sale.  That sounds like a long time, but there is a lot of work that needs to be done during this time and a large number of people are involved.  But don’t worry, we handle everything and will keep you up to speed on what’s happening and when.  One of the biggest hurdles in a home sale can be during the Buyers Right and Duty of Inspection, also referred to as the buyers Due Diligence period.  This is when a buyer can have inspections done on the home, at their expense, to find out what kind of problems the home may have and to determine if they want to continue with the purchase or not.  If they do, there is generally negotiation that occurs between the buyer and seller on needed repairs.  We will help you through this process as well!  Everything from advising you on what repairs from the home inspection you should realistically be prepared to do, getting bids for needed work, coordination with contractors and general handymen and having the home inspector sign off on the completed repairs.

Another part of the closing process is to have the home appraised.  An appraiser will be assigned to the file.  When selling a home, as long as the appraisal meets the sales price, everyone is happy.  Most of the time, the appraisal does meet value.  But on occasion, appraisals come in low or less than the agreed upon sales price.  In this situation, there are a number of potential options to keep the sale alive which we will advise you on. 

That is a very brief overview of what a simple real estate transaction may look like.  Each sale is unique and there are a number of items during the time before closing that may need to be addressed and dealt with, such as septic inspections and replacements, wood burning stoves not meeting EPA standards, arsenic in the water, encroachments, new plot plan, legal but non-conforming property use and grandfather rights applications and so much more.

Time for Closing!

Closing is the word most people use when they talk about going to the title company to sign papers for their home sale.  This event is actually called settlement.  Settlement is when you sign the paperwork and closing is when the transaction records and ownership is transferred, generally the next business day.  Prior to settlement, the escrow officer we work with from the title company will email a Settlement Statement that has all of the numbers involved in the sale.  It is full of debits and credits and shows the final amount that you will receive from your home sale.  Your Licensee from Hedgecock Group Real Estate will review the Settlement Statement, confirm that all of the numbers are correct and will then review it with you to make sure you as a seller understand everything and are familiar with the document so when you go to settlement to sign papers, you are not caught off guard.  You can choose to have your proceeds wired to your account or you can have the title company cut you a check.  Most sellers elect to have their proceeds wired as that is the quickest and most streamlined.  Settlement for a seller usually only takes about 30 minutes, but this can certainly vary.  Once the sale has officially recorded, we will contact you giving you the good news.

Summary

Selling a home is very involved process from start to finish that potentially has a large number of speed bumps along the way.  There is a reason that over 90% of sellers are assisted by a real estate professional when selling their home, according to the National Association of REALTORS ® Profile of Home Buyers and Sellers.  Hedgecock Group Real Estate will be there to help you every step of the way.  We have a large group of experienced Licensees ready to assist you.  Please contact us anytime to let us help you begin the process of selling your home in Fairbanks or North Pole.

Fairbanks & North Pole Properties

2298 Larissa Drive, Fairbanks image
2298 Larissa Drive, Fairbanks $449,900

Charming home in the country on 1.4 acres you won’t want to miss. This home features 4 bedrooms, 2.5 bathrooms, and a 2 car garage. Walking in on the main level there i...

  • 4 Beds
  • 3 Baths
  • 150333 MLS
1532 Flat Mountain Road, Fairbanks image
1532 Flat Mountain Road, Fairbanks $749,900

A horse lovers dream! Properties like this are rarely ever available and you won’t want to miss out on this opportunity. 3150 sq ft home with 3 bedrooms, 3 full bathro...

  • 3 Beds
  • 3 Baths
  • 150332 MLS
1367 6th Avenue, Fairbanks image
1367 6th Avenue, Fairbanks $169,900

Addorable home centrally located and close to everything! This home has had 1 owner with many generations of family caring for it. This is a perfect starter home for a sm...

  • 1 Beds
  • 1 Baths
  • 150331 MLS
2830 Riverview Drive, Fairbanks image
2830 Riverview Drive, Fairbanks $339,900

Reasonable on the River!!!! Raised ranch with double garage, kitchen and master bedroom face the river so the layout is ideal to add onto and the price is set for new buy...

  • 4 Beds
  • 2 Baths
  • 150328 MLS
2704 Chief Alexander Drive, Fairbanks image
2704 Chief Alexander Drive, Fairbanks $520,000

Rarely available 4 bed, 2.5 bath home in Doyon Estates. This home welcomes you with vaulted ceilings, large windows that allow in great natural light, and an open layout....

  • 4 Beds
  • 3 Baths
  • 150327 MLS
1000 Vail View Drive, Fairbanks image
1000 Vail View Drive, Fairbanks $425,000

This stunning home in the hills is ready for you! Built by Herting, this 4 bedroom home has ample space. Large living room with dining area and kitchen with a private de...

  • 4 Beds
  • 3 Baths
  • 150325 MLS
2596 Waldheim Drive, Fairbanks image
2596 Waldheim Drive, Fairbanks $379,000

Alaskan home living at it's best! Beautiful log cabin on of 5 acres of land...this 4 bedroom 2 bath house is a must see. Step on into the arctic entry and take off your...

  • 4 Beds
  • 2 Baths
  • 150322 MLS
1660 Violin Circle, Fairbanks image
1660 Violin Circle, Fairbanks $289,900

Looking for privacy?, working from home? Close to town, just 15 min west of shopping in a private lot is this fantastic ranch home well maintained in the Cripple Creek su...

  • 2 Beds
  • 1 Baths
  • 150319 MLS
909 Tommy Street, Fairbanks image
909 Tommy Street, Fairbanks $104,900

Very unique opportunity for affordable living close to town! Situated on over 5 beautiful acres with lots of sun, privacy and a view. This newly constructed dry yurt ha...

  • 0 Baths
  • 150316 MLS
1955 Raven Drive, Fairbanks image
1955 Raven Drive, Fairbanks $409,900

This is a great home that has so much potential! The home has a very private setting in one of interiors most desirable neighborhood. The location provides easy access t...

  • 3 Beds
  • 3 Baths
  • 150313 MLS
263 Grange Hall Road, Fairbanks image
263 Grange Hall Road, Fairbanks $103,000

20 Acres with a house and attached garage. Several outbuildings. Perfect for those seeking privacy, home cannot be seen from the road, no neighbors can be seen from this ...

  • 2 Beds
  • 1 Baths
  • 150312 MLS
515 Nature Trail, Fairbanks image
515 Nature Trail, Fairbanks $29,000

Great opportunity for dry cabin ownership on a 2.5 acre lot only 3.5 miles to UAF! Borders on Creamer's Field Refuge!

  • 1 Beds
  • 0 Baths
  • 150310 MLS
795 Grubstake Road, Fairbanks image
795 Grubstake Road, Fairbanks $580,000

Sellers are Jared & Samantha Dropps and Sharmel O'Neill. Wonderful home with open floorplan, only minutes from town, near Goldmine Trail. Solid surface countertops, st...

  • 5 Beds
  • 4 Baths
  • 150307 MLS
2920 Killik Lane, Fairbanks image
2920 Killik Lane, Fairbanks $99,900

Secluded- Dryish- Modern cabin, close to the University of Alaska! Great open floor plan with loft living area or bedroom!! There is an outhouse, or finish off the alrea...

  • 1 Beds
  • 0 Baths
  • 150301 MLS
800 Suncrest Drive, Fairbanks image
800 Suncrest Drive, Fairbanks $624,900

The Unicorn of homes! 5 acres, South facing, quality built and maintained one owner home with a large shop. Incredibly private yet a short 6 minute drive to town. Yes y...

  • 3 Beds
  • 4 Baths
  • 150300 MLS
49.5 Mile Elliott Hwy, Fairbanks image
49.5 Mile Elliott Hwy, Fairbanks $349,900

Homestead! Homestead! Homestead! Log cabin home located at 49.5 mile Elliott Highway. 50 acres of tax free living. 1500 ft of highway frontage. On the road access with o...

  • 5 Beds
  • 0 Baths
  • 150297 MLS
1129 22nd Avenue, Fairbanks image
1129 22nd Avenue, Fairbanks $72,000

Situated in town close to all amenities this cute 2 bedroom home has great potential! The use of space in this home gives the 820sqft a larger feel with the 2 bedrooms lo...

  • 2 Beds
  • 1 Baths
  • 150296 MLS
1282 Molly Road, Fairbanks image
1282 Molly Road, Fairbanks $290,000

Charm and character describes this amazing home on nearly 4.5 acres adjacent to public land and connected to the trail system. Beautifully laid out floor plan with vault...

  • 2 Beds
  • 1 Baths
  • 150295 MLS
1359 Tatica Court, Fairbanks image
1359 Tatica Court, Fairbanks $33,000

Dry Cabin, which is just a shell, not very sturdy, so be careful upon entering. But this is on a great piece of land that is at the end of a cul-de-sac. Private, trees, c...

  • 0 Baths
  • 150294 MLS
3855 Jennie Lane, Fairbanks image
3855 Jennie Lane, Fairbanks $339,900

Well maintained duplex in an established west side neighborhood. Walking distance to UAF, Restaurants, and more!! 3 beds, 1 bath up and down. New Roof last year, Some upd...

  • 6 Beds
  • 2 Baths
  • 150293 MLS
1258 Deer Valley Road, Fairbanks image
1258 Deer Valley Road, Fairbanks $165,000

2 bedroom 1 bath cabin in a nicely wooded lot with easy access to town. Open living / kitchen area with wood stove and Toyo. Cabin is currently dry, but there is a non-fu...

  • 2 Beds
  • 1 Baths
  • 150292 MLS
1056 Woodview Drive, Fairbanks image
1056 Woodview Drive, Fairbanks $624,900

Gorgeous Views of Alaska Mountain range! Live above the Ice fog with Shop! Double Wall Construction with a woodstove fireplace on each level! Horse Lovers Paradise w/2 st...

  • 4 Beds
  • 3 Baths
  • 150284 MLS
1111 Galena Street, Fairbanks image
1111 Galena Street, Fairbanks $339,900

A large multi-level family home in the Taku Subdivision. The seller has recently installed new egress windows and new boiler system. It needs some updating but has size a...

  • 3 Beds
  • 3 Baths
  • 150276 MLS
3264 Jarvis Avenue, Fairbanks image
3264 Jarvis Avenue, Fairbanks $339,900

What an amazing family home in a great location! Minutes from your front door is the famous Hot Licks Ice Cream stand right off College Road. This large home features ple...

  • 4 Beds
  • 2 Baths
  • 150271 MLS
89 C Street, Fairbanks image
89 C Street, Fairbanks $379,000

Beautiful landscaped 3-sided log home with tons of character and wood features throughout! This home has had extensive work done up and downstairs to include a second ki...

  • 3 Beds
  • 2 Baths
  • 150268 MLS
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Hedgecock Group Real Estate

1221 Noble Street, Ste. 301
Fairbanks, AK 99701
907-378-0293
Real Estate Broker License #RECB18782

First Rate Financial

3150 C St. Suite 150
Anchorage, AK 99503
Originator License #184451

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