The decision to sell a house is a difficult one. The process can seem daunting and even overwhelming at times, but with the helpful tips listed below, you will be able to successfully plan your sale.
Think about offering your home to a real estate company that buys properties
One of the primary steps you should take when planning to sell your house is considering offering it to a real estate company that buys houses. These companies can help you get rid of your home in as little time as possible, and they will likely buy the property for less than its market value. However, if you choose this route, be aware that these types of transactions typically involve a quick sale and you may not be able to negotiate a higher price. Nevertheless, the seasoned real estate solutions providers behind Highest Cash Offer suggest that if you intend to sell your property within a short period, then this could be the best option for you. Just keep in mind that you should have realistic expectations and be prepared to forfeit a portion of the proceeds to complete the sale quickly.
Consider hiring a real estate agent
If you are not interested in selling your house to a company that buys properties, or if you would like to maximize the proceeds from the sale, then hiring a licensed real estate agent is your next best option. This professional can help you market your home to potential buyers, and they will represent your interests during the negotiating process. However, be aware that agents typically charge a commission, which is usually around six percent of the sale price, so you will need to factor this into your budget.
In choosing an agent, it is important to hire someone who has experience selling properties in your neighborhood, so you will know that they are familiar with the local market. It is also a good idea if you hire an agent who is a member of the National Association of Realtors or the organization of realtors in your locality, as this indicates that they are held to a high standard. Additionally, if you need to sell your home quickly, then choose an agent who specializes in quick sales.
Price your property fairly
The price you set for your house will be one of the most important factors when selling quickly, so this decision should not be taken lightly. When pricing your property, it is important to remember that you are competing with other homes in the area so you will need to set a comparable price. You can get an idea of what other houses are selling for by checking out listings online or in your local real estate publications.
Also, keep in mind that if you decide to take out a loan or mortgage on your property before it is sold, then make sure this does not hurt its value. In other words, if you need financing for home repairs such as a new roof, then make sure that the total cost of these repairs does not exceed the amount you will get from the sale. This way, potential buyers will not be discouraged by your need for financing and you can still get a good return on your investment.
Prepare your home for sale
Before you list your house with a real estate agent, it is important to prepare it for sale. This means cleaning and decluttering the property, fixing any damage that may have been done, and making sure that it is in move-in condition. In terms of deep cleaning, you can hire a professional cleaning company or do it yourself. Just be sure to clean all of the nooks and crannies, as buyers will likely inspect every surface of the home when they come to view it.
On the other hand, when you declutter, be sure to get rid of anything that you do not want or need. This includes knick-knacks, clothing, personal items, and old communication devices such as cell phones and computers. Keep in mind that buyers will likely look through your closets too when they come for a tour of the property so it is best if you put away any excess clothing and get rid of any unnecessary items.
In terms of repairing damage, you should fix anything that is broken or that needs attention. This may include painting walls, fixing a leaky faucet, or replacing a light fixture. If your home needs any major repairs, ask the agent if they can recommend a reputable contractor who you could hire to make these fixes before potential buyers come through for showings. Remember that potential buyers will be looking for homes in move-in condition, so it is best to take care of any repairs before putting your house on the market.
List your property promptly
In general, the longer your house is on the market, the lower its value will be. To get top dollar for your home, you must list it as soon as possible and work with an agent who can provide a quick sale. While this may not always be possible if there are some repairs or deep cleaning that needs to be done, you should at least list your house within the first month after making any necessary changes.
As much as possible, you should also take pictures of your home that highlight its best features. This can help to attract buyers who are looking for properties in a certain neighborhood or with specific amenities included, so it is important to have these pictures readily available. In this case, make sure that the pictures are high-resolution and that they showcase your home in the best possible light.
Many things need to be considered when planning to sell your house. Selling a house on your own may not be as easy as listing with an agent, but by following the tips and suggestions above, you will be well on your way to a successful sale. You will also be able to successfully navigate the process and get your home off the market as quickly as possible. If you have any questions or concerns, reach out to a real estate professional for assistance.