Selling your home doesn’t have to be complicated. You can make sure that you are getting the maximum benefit from your financial investment. You’ll have to establish what your home is worth, how much will go towards closing costs and hire a realtor that knows your market.
Plan it Out
You should create a simple timeline of projected projects and their prices. This will help you establish an overview of the whole selling process. Your realtor will guide you through pricing your home appropriately to your market and help you prep your home.
You’ll want to make sure to highlight the best features of your home. Do you live close to certain amenities? Are you in a great school district? Do you have a double-car garage? These are all important features that give value to your property.
Hire a professional to stage your home, or you can work with your realtor with this as well. They should be looking into similar sold homes for you every day and making sure yours aligns with those homes. Once you have some items moved out and your home staged, get a professional photographer.
You’ll want your home to stand out from all the other listings so it is advised to go with a professional when it comes to capturing your home’s essence. Photographers know how to make your home look its best even if there are some awkward angles or architecture.
Do Your Research
Although your realtor is looking out for you, you may also want to look into comps in your area. Comps are short for comparables and they are homes in your market that are similar to yours by bed count, bath count, location, and other similarities.
It’s good to look at these homes first hand because you don’t want to be blindsided by thinking you are going to get more or less than what you were hoping. However, you may hold the upper hand on another feature of your home so don’t be discouraged.
Your home may be on the market for a bit longer than you may anticipate. Homes stay listed for an average of two to six months on the market. This is the average, but it could most certainly sell in a few days!
To wrap up on your sale, you may want to talk with a financial advisor or a real estate lawyer. Dealing with large amounts and investments can be confusing and you want to make sure everything is done properly.
There are even people available to you at your financial institution that can counsel you on how much you will need for any additional costs or taxes associated with the sale of the home. You’ll also need to make sure that all of your inspections go well. If they do not, you may need to put additional funds into the house before you can sell.
Additionally, keeping organized throughout your selling process will be beneficial to you in the long run. However long or short your sale, you will be able to sell it for every penny it is worth if you make sure to follow some simple guidelines.
Don’t be afraid to ask for help if you don’t understand or know how to take on any of the steps. Once you have wrapped up your sale, you will be moving on to your next adventure.
partnered post • cc-licensed image by Simon Kellogg