There are many reasons for selling your home, whether it’s the need to relocate or simply downsize to a different type of house, but if you take the time to plan carefully and clearly map out your goals, you can get the best value for your property.
Choosing an Agent
Working with a real estate professional is highly recommended and will make a crucial difference when it comes to selling your home. Select an agent who is experienced and has a good track record in successful sales in your area and your particular real estate type. You’ll also want an agent who knows how to use effective, multiplatform marketing strategies, and has an extensive network of personal contacts to market your home to the right buyers. The ideal agent is one who clearly understands your goals, and is capable of prompt and decisive action in order to maximize your opportunities.
Preparing Your Home
Inspect your home to identify potential problem areas; if repairs are needed, have them done right away as they will cause problems later on when buyers start looking at the house, which might delay the sale.
First impressions count a lot when showing a house, so spruce it up to make it more appealing to potential buyers by keeping it clean and free of clutter, giving the walls a fresh coat of paint, and tidying up the yard and garden to bolster your home’s curb appeal. Staging your home properly with the right furniture and design elements will certainly do wonders when it comes to attracting attention from buyers, as well as maximize your chances for getting higher offers.
Your agent will help you come up with the best price for your property, which can be determined by factors such as existing market conditions, time of the year, prices of similar homes on the market, and more. Keep in mind that it’s important to arrive at the right price for your home, as overpricing will drive away potential buyers, making you lower the price eventually, which can set your initial plans back.
Thanks to technology, most homebuyers do their searches online now, so your agent should be able to list your property on the popular real estate sites like Zillow, Trulia, and Realtor.com, as well as the various MLS and social media platforms like Facebook, Instagram, Twitter, and even homebuying discussion forums. Your home can also be listed on traditional media outlets like newspapers, magazines, and trade publications to get the necessary level of exposure required and effectively reach many potential buyers. Since visual appeal is a top priority for most people looking for a home, your home should also have quality photos of its exterior and interior spaces.
When considering offers for your property, keep in mind that a high price being offered might be tempting to accept immediately, but wait for other offers to come in and take the time to review each offer you receive carefully. Your agent will assist you in evaluating each offer and advice you on what to do, like making counteroffers if necessary, and ultimately guide you in making the right choice.
When you’ve accepted an offer and signed the purchase agreement with the buyer, this puts you in the escrow phase. Be prepared to make home inspections, repairs and renegotiations that should meet contingencies set by the buyer’s lender. Remember that your agent will always represent your best interests, so listen to their advice and proposed solutions.
After all the paperwork has been processed, signed, filed, and the buyer’s financing has likewise been processed, it’s time to close the deal. The deed will be turned over to the buyer, along with the keys to your former property. Congratulations on making a sale!
Selling a home can be a very difficult process. You deserve the very best when selling a home, make the seamless transition by contacting The Realty Pros or calling 561.737.5300 for all your Real Estate needs!