There are many things to consider before even thinking about putting your house on the market. You need to decide where you are planning to move to, how to get all of your possessions out of the house and know the terms of your rental agreement or mortgage. Doing this alone can be hard, especially if you want to sell your house quickly.
Knowing how and where to start can ease some of the stress. By planning your next move ahead of time, you will save yourself the apprehension of not knowing what to do next. Make a list of all the important things you will need to accomplish before putting your house on the market, that way when the time comes you can focus on it fully. You don't have to be a pro to know what it takes to sell a house, but you should know what's important.
1. Spruce Up the Place
Making sure your house is presentable to potential owners will interest them even more. Before hosting open house events, mow the lawn, clean up the garden, and touch up any blemishes or chipped paint on the outside of the house. This is the first thing people are going to see, so your house needs to be presentable.
- Depersonalize: When prospective buyers walk through your house, you want them to see it as a place they could own one day, not as someone else's house. Take any photographs or items that are personal to you, just for the open house. Make sure you leave, as well, so your guests have a chance to explore the house freely without feeling as if they are trespassing.
- Modernize: The best way to reel in buyers is to update the inside of your home. People are more likely to buy a home that has modern amenities and a new paint job. Add a fresh layer of paint to the walls or clean your home extra well for a fresh upgrade.
2. Advertise the Property
The more people who know about your place in the housing market, the better opportunity you have to sell it. Not only should you advertise your property, but you should also advertise it in a way that is simple to understand and highlights its features. You want it to be easy for prospective buyers to search for your house online. Adding pictures of every room and the outside of the property will keep your advertisement honest and detailed.
- Utilize Social Media: Whether you put a post directly onto your social media account or on a page dedicated to home listings, social media is the quickest way to get information out to a lot of people at once. You can stay in contact with those who are interested in your property and help them answer any extra questions they have. Additionally, you can share pictures of anything inside the home you are willing to part with like furniture or appliances.
- Ask a Pro: If you are not interested in advertising your property on social media or are unsure of how to do it, ask your real estate agent to list it on housing market websites or in a newspaper. He or she will be able to highlight the important features of your property and can handle any interested buyers professionally. Real estate agents can act as an intermediary for any negotiating that takes place.
3. Price It Honestly
As much as sellers would like to get top dollar for their home, constantly shifting the price can actually make you lose money. By pricing your property honestly the first time, potential buyers and other real estate agents will see that you are serious about selling and negotiations will be easier. If you are lost on how to go about pricing, asking your agent is a good place to start. Even if you think you need to sell your house at a certain price, chances are it will change in the future.
- Compare Similar Listings: Look at other listings online that have the same dimensions and features as your property or are in your neighborhood for the average property value. This will also let you know what is in demand and what types of homes are declining in value. If homes similar to yours are having trouble selling, you and your agent will need to figure out a better strategy to advertise your property so it stands out.
- Account for Variables: If you are trying to sell an older property, its value may be lower than you think. On the other hand, if your property has a pool or is close to an urban area, the market value will go up. Consider these variables when listing your price as they can either help or hurt you.
Selling your property during peak season is also a good idea. Buyers usually look for properties at the first of the year and then again during the summer months. Remember that listings see the most activity within the first 30 days, so use that as a gauge for how popular your house is. Lastly, speak with your real estate agent for a plan of action so you get the most money for your property.
To learn more, contact a company like Crooked Tree Preserve.