Check out these six simple tips for a hassle free home sale process!
Are you getting ready to sell your home? Selling your home can certainly have its share of stressors, but there are steps you can take to help smooth out the process and minimize the pressure and worry!
Getting ready to sell your home: Things to do before placing your home on the market…
1. Meet with a trusted Realtor® who will guide you through the prelisting process.
Your agent will provide you with an overview of what to expect before and during the home sale experience. Don’ t feel pressured to list your home with the first agent you meet, or your best friend or family member who sells real estate. Don’t feel pressured to sign the listing paperwork at the first meeting. Your home sale is a major life decision and should not be taken lightly or rushed. But by all means, it’s fine to make your move after you have gone over the process and feel that the time, place, and people are right. However, the best agent is not one to rush you to a commitment. For some tips on how to choose an agent, read more HERE.
2. Start making your plans for where you will move once your home sells. If you are planning to purchase another home and will need financing, don’t delay in getting the prequalification process started.
You will want to know what your purchasing power will be for your next home. So you should sort out your financing options early in the process. This will help give you information and time. Then you can make better decisions about your next home and avoid any last minute panic or pressure.
3. Make sure you and your Realtor® work together to price the home correctly.
Your agent should be skilled in competitive market analysis. It is important your agent is knowledgeable. Your agent should have a good understanding about how your property compares to others that have been recently sold, taken off the market, and current active listings competing for your potential buyer. Based on the price range and area of your home, your agent should be able to give you an idea of how long it will take for your home to sell when priced right.
Most sellers want as much money as possible when selling their home. So pricing correctly–not underpricing or overpricing–is important. An overpriced home will often cost the seller more in the end. This may happen either because the home languishes on the market or the seller has to make concessions to get the sale. It may be an option to set a lower price if you are looking for an especially quick sale, The point is that your agent should provide you with good information, and you should be comfortable with the pricing and terms in the listing. These conversations with your agent are just the beginning of the relationship and partnership over the coming weeks as you get your home ready to sell and sold!
4. Pre-Inspect your home up front.
The buyer’s inspection identifies critical deficiencies in your home. But deficiencies found after a buyer has made an offer can cause unneeded stress and even break a deal. A seller pre-inspection can be helpful to avoid future problems. Find out what important material defects may need to be repaired or replaced up front and before the home is listed instead of being surprised, stressed, or disappointed later on. It is of utmost importance to address any health and safety issues that may be in the home.
And keep in mind that first impressions are everything when you are getting ready to sell. Besides addressing material defects that will be identified later if not sooner, it’s smart to address cosmetic items before listing. This includes things like cleaning up or touching up paint, cleaning or replacing carpeting and fixtures. Don’t forget to keep your lawn mowed and bushes trimmed. Taking care of your property can make the difference getting the right price in a reasonable time or even selling at all. A wise seller will make these improvements before the home is placed on the market.
5. De-clutter and stage.
How you live in your home is very different from how you will present your house to others during the home sale process. You are going to be moving soon anyway. So, you should take preparation time to start thinning out your clutter and removing any excess furniture, personal items, and valuables. A good agent will give you honest feedback on how best to showcase your home and may recommend professional staging.
6. Professional photography.
The improvements, decluttering and staging should be accomplished before the home is photographed and available for showings. And don’t settle for less than a professionally photographed home. With most all buyers previewing homes online, it is of utmost importance that your home is professionally photographed. Professional photography helps get the attention your home deserves and to stand out from the competition.