Our satisfaction and happiness is something that is very important to us. We understand how hectic it is to sell a home and it can be difficult if it’s not handled properly. To help you through the process, we’ve put together five simple steps you should always consider following:
Step 1: Decide to Sell
You may want to consider the timing of the sale, especially in todays market, as it will effect the value of your home. You don’t want to sell in a “buyer’s market,” when too many homes are for sale and there are not enough buyers. Seasons are also something to consider. Typically more homes are sold in the spring rather than in the winter.
Enhancing the appeal of your home will guarantee an increase in value. There are various ways to do this and it all depends on the amount of monetary resources available. You can renovate your house by re-modelling an area or just freshen up the walls with a new coat of paint. Something simple as keeping your front lawn tidy can make a big difference. Buyers love seeing green grass and flowers outside as creating a warm and inviting feeling. Having a pre-inspection done before you list can improve the value of your home. Buyers will usually ask for a home inspection, if you do it ahead of time not only does it show confidence in the quality of your home, it can help close a deal quicker. It also gives you a chance to prevent unpleasant surprises and make any major repairs.
Step 2: Hire an Agent
There are thousands of real estate agents, so how do you chose one that’s right for you? You have to pick carefully. They will be acting as your representative and you will need someone to look out for your best interest. You will need someone that you can trust and understands what you want.
There are a few ways to look for your perfect Realtor:
- Jot down some names and numbers that you find on “For Sale” signs
- Ask friends and family for a recommendation
- Visit one of the local offices in your area
They have to be a trained professional who knows your area well. A great agent is someone who offers you quality services to help you accomplish your goal.
Now you’re ready for the for sale sign!
Step 3: List your Home
Now that you’ve found the perfect realtor its up to them to do the rest. First, they will value your house and set a price. A report on market data will be complied to properly value your home based on the prices in your area.
Once you've come to an agreement on price it is up to your realtor to market your home through various media outlets and listing sites to create strong buyer interest. They can post on Multiple Listing Service (MLS), social media, blogs, and websites.
There will be open house appointments as well to showcase the potential of your home to buyers.
Step 4: Receive an Offer
Not all offers are equal and that’s where your real estate agent comes in. They will help you get to know the terms and conditions regarding the price that the buyer wants to pay, financing conditions, or other variables like inclusions and exclusions that the buyer wants to make.
Not only is it about the price of the home, but you have to carefully look at the other details included in the sale. Appliances, chandeliers, or even minor renovations can also be part of the deal. Shorter or longer closing dates can also be specified by the buyer. If there is something in the offer that doesn’t satisfy you, counter offers or negotiations can also be presented to help get you what you want.
Step 5: Close the Sale
There will be closing costs associated with the sale that need to be paid either by or on the closing date. It can include mortgage application fees, inspections, and legal fees. Once that’s taken care of, you can pass on the keys to the new owners.
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