Selling your home can be exciting, but there is a lot to consider before putting it on the market. More goes into getting your asking price for your house than you may at first think. You must prepare your house and property, make necessary repairs, and determine how to reach your goals for selling your home.
If you are considering selling your house but are unsure where to begin, here are steps to ensure you and your home are well-prepared.
Consult With Local Real Estate Agents
Before you decide to sell your home, consult with local real estate agents to determine if it is the best time to put it on the market. Real estate agents understand current market trends and know essential details like how fast homes are selling in your neighborhood. You may find that waiting a few months is better for your financial gain, and that time will allow you to prepare your house for the best price.
Prepare Your Home And Property
Once you’ve hired a realtor, do a walk-through of your house and property so they can tell you how to prepare your home for potential buyers. Some things that help you sell your house faster are moving out your personal belongings, painting indoor spaces, cleaning carpets, and updating the kitchen. Ensure your home is free from dust and mold to ensure good indoor air quality. Remember to clean up your yard and landscape so your house has curb appeal.
Choose What Repairs To Make
Your house is not expected to be perfect, but you should consider what repairs are beneficial and which will keep your asking price high. Not all resale repairs pay off in the end, so your realtor can help guide you regarding your potential investment returns. Home buyers focus on kitchens and baths regarding upgrades, so you may want to invest in those rooms more than the others. Also, evaluate your HVAC system to determine if it needs repairs or replacing.
Stage Your Home To Sell Quickly
Some people have different styles. To ensure your house appeals to a broad range of potential buyers, present it neutrally. Home staging is the art of presenting a place in a way that makes potential buyers feel like they can envision living in it. You may move old and new furniture out to make your living space more modern or trade out your art for different art to appeal to other people. Staging your home can make rooms look larger and show up better in pictures.
Know Your Bottom Line
Before you sell your home:
- Ensure you know your bottom line regarding pricing, repairs and upgrades, and the costs associated with moving.
- Do your market research and work with a professional realtor to determine how to set your asking price well above the amount you need to receive from the sale.
- Once you put your home on the market, remember you have control over what offers to accept and decline.