Just thinking about selling your home can be overwhelming. Everyone must go through the home selling process, but it’s really easier than you think. Well, it’s easier when you take the necessary steps to selling a house.
1. Getting Your Home Ready To Sell
It’s important to look at your home through a prospective buyer’s eyes. You may love the purple walls in your living room, but the wrong color can turn a buyer off from the entire home. Most real estate professionals recommend painting your home in neutral colors. Fresh paint, changing out-dated cabinet hardware, door knobs, and even electrical outlets that are old will make a tremendous difference. Buyers like to see space and storage. Clean out and organize closets.
2. Find A Realtor®
Find a real estate agent that knows your market. Ask for referrals, call off of their signs, and even interview the agents. A good agent will give suggestions on what needs to be done to prepare to put your home on the market. You want to get top dollar, right? This will also include some repairs, staging, and landscaping. Curb appeal is huge. Your realtor® can help you through all the steps of the home selling process.
3. Price Your Home To Sell
It’s crucial to price your property at a competitive market value at the signing of your listing contract. There are many factors determining a home’s market value such as the recently sold nearby homes, similar homes that are on the market, and the condition and location of your home. Your realtor® should provide a comparable market analysis (CMA) that shows you what your home is worth.
4. Market Your Home
Talk to your realtor® about marketing your property. The majority of homebuyers use the internet in their home search. The marketing plan should focus on online activity in addition to print advertising and open houses.
5. Showing Your Home
Showing your home is sometimes inconvenient, but is a necessary part of the process when selling your home. Because showings can happen at any time, it’s important to keep your home clean, make the beds, vacuum, and dust regularly. It’s also a good idea to vacate the property because sometimes it makes buyers uncomfortable when the owners are in the next room or following them around.
6. Accepting An Offer
Once an offer is presented, your realtor® will give advice and help to make sure you get the best possible price and terms. Don’t be afraid to negotiate. Negotiation is the key to getting the best deal.
7. It’s Time To Close!
The process of closing is where both the buyer and the seller sign all the paperwork to complete the transaction. Both parties pay any settlement fees. Title to the property is transferred from you to the buyer.