Whether it’s to relocate closer to a new job or because it’s too tiny to support a growing family. It can be a stressful time to sell a home.
It would help if you had everything prepared and ready to go during this time. Not to mention the fact that you and your realtor must collaborate to develop a complete and strategic approach.
Before going too far into the process of selling your property, you may want to ponder some of the essential points you need to remember first.
It’s Crucial to Hire a Great Realtor
The necessity of selecting a quality real estate agent is often neglected when selling a house.
No realtor is ever the same. The bottom line, top-producing agents, possess a variety of attributes and skillsets.
Knowing how to interview a Realtor when selling a house will increase the likelihood of selecting an excellent Realtor by asking the appropriate questions and looking for the correct answers.
Detach Yourself from Your Home
It’s easy to feel emotional when it comes to selling your home, especially your first one. You put in a lot of time and effort to find the ideal one, put money aside for a down payment and furniture, and made many memories.
When it comes to saying goodbye, most people struggle to keep their emotions in check. Once you’ve made the decision, it’s time to let go of your emotional tie to it and view the sale as a business transaction.
In fact, forget that you’re the one who owns the house. By focusing solely on the financial components of the transaction, you will be able to separate yourself from the emotional bond of selling the house.
Setting a Realistic Home Price
Setting the correct asking price is critical whether you deal with a realtor or go it alone.
Remember when you or your agent completed comparative market research to determine a reasonable asking price for your home? Buyers will do the same for your home, so you should be one step ahead of them as a seller.
Overpriced homes rarely sell in the absence of a property bubble. According to a survey, 70 percent of realtors believe that sellers’ overpricing is the most common mistake.
Don’t be too concerned about setting a low price because, in theory, this will generate several offers and bid up to the home’s actual market value. Underpricing your home might be an excellent method to attract more interest to your listing, and you can always turn down a low-ball offer.
Organize Your Documents
It’s critical to prepare your home for sale and be ready for any property-related questions that may occur, and be able to submit the required documentation that your listing agent, attorney, or potential buyers may want.
- Examine all of your property’s papers and ensure that all of your documents, such as the deed/mortgage satisfaction letter/copies of rental agreements, utility bills, tax bills, etc./utility company contact information/etc. are complete and readily available.
- Ensure that all outstanding town/city permits and building infractions are resolved.
- Discuss the selling house tax ramifications with your accountant.
De-personalize, De-clutter, and Organize your space
When selling a home, you want to create an atmosphere that allows purchasers to imagine themselves in the room. Remove as many personal things and photos as possible to avoid distracting potential purchasers.
Excess furniture and other items that aren’t used regularly might make a living space feel roomier. Clearing bookshelves, tabletops, and china cabinets will also help the area feel larger.
Begin at the front entrance and work your way around the house, throwing, donating, and packing away items to make the space feel less cluttered. Remember to include the basement, attic, and garage.
Organize your closets and cabinets in the kitchen. Sort similar clothing and shoes together, store items in neat storage bins, and keep hangers facing the same direction to maximize closet space. Arrange kitchen cupboards so that labels face forward, jars/cans/boxes are put in rows, and dishware is neatly packed.
Landscaping is Appealing to the Buyers
When it comes to selling your property, curb appeal is significant. You may drastically improve the look of your home by making simple improvements to the exterior, even if it’s just to dazzle visitors who notice your “for sale” sign.
The following are some simple changes that can improve your home’s curb appeal:
• Colorful flower gardens
• Green, even grass
• Outdoor furniture
• New mailboxes and house numbers
• Pathway lighting and outside lighting
Even simply arranging the outdoor furniture in a way that produces a particular atmosphere might be beneficial—a dining or lounging space on the porch or in the backyard, for example.
Decide on Whether or Not to Provide a Home Warranty
Home warranties are good idea for some people when selling a house. Property warranties are, in most situations, a fantastic bonus to provide a potential buyer and an excellent marketing tool for a Realtor to utilize when selling a home, assuming they know how to use the “tool.”
Decide whether or not to give a home warranty before you sell your house. Once you’ve hired your Realtor, ask them if they think the warranty is worth the money.
Staging Can Help Sell Your Home Faster
Professional home staging is an integral part of the selling process. You can bring your property’s full potential to light for potential buyers by staging each space. You may help bring out the best elements of each area while also increasing its size and functionality.
Many real estate agents and teams use various home staging businesses. Homes that have been staged typically look better, resulting in a faster sale. Speak with your realtor if you’re interested in staging your property.
Prepare for Home Showing
Arrange the house to be seen by potential purchasers regularly, including weekdays and weekends. Allow open house visits and maintain the cleanliness of your home daily, both inside and out.
For all buyers, keep advertising flyers showcasing the house on the kitchen counter. Let the selling agent handle all showings and questions from prospective buyers. In a private meeting, your realtor will go over everything with you in greater detail.