Nobody just wakes up one day and decide to sell his or her home. It takes meticulous planning and time to get the best price for your property. The following are five steps you should take when selling your property.
Learn the market value of your home
The majority of homeowners have some good idea about the value of their property. Perhaps they refinanced recently, and saw its appraisal, or they receive fliers in the mail. When you think about selling, it’s significant you know the property’s market value, what the purchaser is willing to pay on an open market. Have your local agent look at the property to get a practical idea of its value.
Assess the physical condition of your home
Every homeowner normally thinks of their home as a place they live as well as make memories. However, when you’re looking forward to selling, begin thinking like a seller. This implies seeing the property as a “product,” and its potential for sale on an open market. Through this, you are going to understand that the inordinately cluttered office that also doubles as your guest room might not look appealing to buyers. A good agent is going to provide you practical ideas for home improvements you should consider. Also, know your property’s overall condition through a proper property inspection.
Begin watching the comps
After knowing the current market value of your home, and what you need to do to make it ready for market, begin watching the comps; going to open houses, and engaging fully with local estate markets. When you see more homes, either personally, or through your agent, you are going to understand better what it is going to take to have your property sold.
Do your homework
After speaking to a reliable local agent, you might have a host of things to do before listing the home for sale. Begin speaking to painters, local general “fix-it” contractors, stagers, and landscapers. Ask the agent for referrals. Receive bids for what need to be fixed. Begin understanding the amount of work you are willing to do and how much you need to spend. With the help of your agent, you should prioritize the work. Get things lined up.
Working with your agent, prioritize the work and get things lined up. Ensure that as far as far as the property is concerned, everything is in perfect order, including home records.
Set your deadline and get to work
You and the agent should pick some date to get the home “listed” officially, and work back from there so as to plan the work. It should be ready for a photo shoot. Plan getting all the work finished before a photo shoot. The most difficult part for the majority of sellers is these months or weeks before a sale. But once it is on the market, it is out there for all buyers to see, in its full glory.