Selling a home can be stressful if you aren’t prepared. When you consider that what you don’t know can cost you time and money, it’s easy to see why knowledge is power in the home selling process. Check out these six steps for selling a home before you begin.
🧐 How to Find Agents for Selling Houses?
Choosing a real estate agent that meets your needs is a top priority. Start by asking friends and family about any recent real estate transactions. Check online resources and set aside time to read reviews. When you find an agent that fits, set up a time for an interview.
Find a real estate agent who communicates at a high level, listens to your needs, and has a strong marketing plan for your listing. Real estate agents these days need to be proficient in marketing on the internet, so make sure yours includes that in their plan. You want someone who has your best interest in mind when it comes to protecting your financial future. Strong negotiation skills are important, as well.
You’re going to be spending a lot of time with the person you choose, so make sure your personalities mesh well. This is where communication is a key to success. Make sure the agent meets your expectations when it comes to the amount of time spent keeping you informed. It’s also important that they use whatever methods you choose, be it phone calls or texts.
🏡 How to Stage Your Home for Selling
Curb appeal goes a long way when it comes to staging your home. You want the outside of your home to be so appealing that potential buyers can’t wait to see the inside. Choose a bright color and apply a fresh coat of paint to your front door. Freshen up flower beds with new bedding. Place a colorful plant by the front door. Don’t overdo things, but make sure your home looks bright and welcoming. If you have outdoor furniture, place it in a conversational setting.
Once you move inside, keep the appeal alive by making sure each area looks bright and spacious. Remove oversized furniture pieces. Make sure windows are clean and not hidden behind furnishings. Use pops of color to create interest but keep things as neutral as possible to create the widest appeal for potential buyers.
Remove all personal collections, photographs, and items that may be controversial. While you may be over the moon for your gnome collection, a potential buyer may just see them as a distraction and be turned away. Keep your home show ready at all times during the home selling process.
💵 How to Price Your Home for Sale
Setting the asking price correctly is where your real estate agent will help you shine. They have access to resources on recent sales in your area that can help you make an informed decision. Your real estate agent will prepare a comprehensive report that takes the local real estate market into account, as well as any upgrades and renovations you’ve made to your property.
Keep in mind that the asking price and the selling price are two different things. The asking price is the amount you hope to receive from the sale of your home. The selling price is the amount a buyer is willing to pay. You want those two amounts to be as close as possible on the positive end of things.
Remember to put emotions aside when setting the asking price. You can’t place a dollar value on your memories or the years you’ve spent in the home. Try to remain objective when looking at the condition of the property, the market value, and the current sales trends in your area.
💰 Accepting an Offer for a House
Your real estate agent will report any offers that arrive for your property. You may find that you receive more than one, especially if the market is hot when it comes to home sales in your area. In the case of more than one offer, you’ll want to consider the circumstances of each buyer.
One buyer may step to the front if they have a mortgage loan pre-approval and the other buyer wasn’t prepared enough to have one. You may want to consider each buyers reason for wanting your home. Don’t be afraid to reject an offer or hit the negotiation table. Your real estate agent will use their experience and negotiating skills to help you come out ahead when accepting an offer.
📅 What to Expect at Closing of The House?
Closing day is when all fees and monies are paid. The buyer will accept the keys to the home unless other plans were made ahead of time. You will receive the funds owed to you. Your real estate agent will be with you every step of the way, explaining each step. Don’t be afraid to ask questions if you feel unsure about a step.
Your real estate agent is the best source of information about the local community and real estate topics. Give Zen 5 Home Team a call today at 720-335-5372 to learn more about local areas, discuss selling a house, or tour available homes for sale.