Selling your house is mentally, physically and emotionally exhausting. While a great deal of energy goes into prepping your home to sell, following these tips can make this process much more smooth and pleasant.
Make a Plan
If you’ve already settled on your dream home, waiting to sell your house can lead to paying two mortgages at once as it sits on the market. Putting your home on the market as early as possible can prevent this from happening.
As the wheels are set in motion, begin cleaning out gently used areas such as the attic and basement to get rid of any unwanted or unused items. This will save you precious time down the line.
Putting the process of selling your home in the hands of a professional can save yourself the hassle of marketing, showing and answering questions regarding your home. Sure, you’ll have to concede commissions to an agent, but this money can be recouped as you try to get the most out of your home.
Here are some advantages of working with a seller’s agent:
- Determine a reasonable and attractive asking price.
- Outsource your home’s marketing and advertising.
- Showing your home without you.
- Network with other realtors.
- Guide you through the negotiation and closing process.
Fair Asking Price:
Overpricing your property can be devastating when it comes to selling your home. Not determining a fair asking price can lead to your home sitting on the market for a very long amount of time. That’s why setting a fair price means getting you a quicker and more reasonable return on your investment.
Realtors are great at setting the right price for your home, as they are most often able to complete a Comparative Market Analysis, or CMA. A CMA compares similar properties to your home within a recent time frame that allows you to set a good price.
These are key factors that play into the price you should set:
- Supply/Demand of houses in your local market
- Your community’s economic disposition
- Your property’s school district
- Any special features you have, such as a pool, garage, extra quarters, etc.
- The year your home was built and it’s condition
Preparing Your Home to Sell
A good first impression plus the right price can make your home very marketable. Ridding your house of clutter will allow your buyers to get a better look at the finer architectural features, such as cabinets, closets, and storage, and not the items you’ve hoarded inside it.
It’s been reported that over half of homes are sold when buyers are still sitting in their vehicles outside a home. Eyeballing your home from a distance can help you get a different perspective on what changes must be made. Here are just a few chores you can do to boost appeal:
- Landscape your lawn, shrubs, and sidewalk.
- Add outdoor features to block unsightly spots.
- Pressure wash applicable areas in your driveway, garage, and home exterior.
- Ensure all lighting functions.
- Update street numbers.