Selling your home can be both exciting and stressful. It’s typically a sign of a new adventure ahead, whether it is moving to a new area for a job or even downsizing to start a new milestone in your life.
With the real estate market flourishing right now, depending on where you live, you may have an easier time putting your house on the market now than you did in previous years. However, regardless of how well the market is doing, you still need to be aware of some do’s and don’ts of real estate. Here is what you need to know before selling your home:
Speak with a professional.
Even if you are selling your home on your own, hiring a real estate attorney will be helpful to have some legal eyes look over your contracts and paperwork. Catching any flaws before any sales are finalized can help to save you money in the future.
Put it online.
Online house listings make your home even more visible to the public along with providing quick updates regularly to browsers.
Hire an inspector.
You’ll save yourself so much time and energy by having a qualified individual come in and inspect your home. You should consider doing this before you even put your house on any listings or begin showing it so that you can strengthen your sale price by making any repairs or updates as needed.
Focus on curb appeal.
Take some time to improve the curb appeal of your home in order to attract more buyers. Invest in some simple landscaping and keep your lawn tidy (if applicable), raking leaves in the fall and clearing your sidewalks of snow in the winter. Think about what attracts you to a new property and apply this concept to your own home.
Price your home in line with both the area and market.
As tempting as it may be to price your home that extra 100 grand you feel it is worth, doing so may turn off potential buyers. You can attempt to go a little above market price, but talk with a trusted professional on what they would advise. If you are in a location that has many individuals selling their home, you will have a hard time attracting a buyer if your price is out of range.
Have your paperwork ready.
Being as prepared as possible will help keep things flowing as best as possible when you are ready to put your house on the market. You’ll be able to answer any questions about taxes, the property and the like with ease by having any and all documents associated with the house on hand. Different questions may arise not only from the potential buyer but also from your listing agent or attorney. It may require filing a quit claim deed.
Get rid of the clutter.
Before you even start showing your house, clear out your closets, get rid of clutter and make it look even extra homey by adding in some house plants in various rooms. The key is to show space to those coming to consider buying your home. If they can not only imagine themselves living there but see how much space is available, you will be helping to boost the sales process along so that you can move on with your new adventure.
Hire your own real estate agent.
Although an added cost, having your own agent is a great way to obtain the price negotiations that are favorable to you. Agents representing buyers have more of a loyalty to their client instead of helping you sell your home, so they will be trying to get the best deal for their customer. Thus, if you have your own agent, you’ll be able to counteract professionally with rates that are close in alignment to your selling goals.
Selling your home can be intimidating (and nerve-wrecking), but by following the above tips and doing your research, you will gain a much better handle on the process. Just keep these in mind with each real estate sale.
Jenn Clark is a writer, PR specialist, entrepreneur, blogger and coffee enthusiast. A lover of laughter, traveling and cheese, she’s written about her life experiences here at suburbanfinance while at the same time growing other young professionals. You can find more of her work at Jennblogs.co.