Eleanor Osborn's Blog
When we’re trying to find a new home and planning for the changes that will come with moving, it can seem daunting to also have to think about how you’re going to sell your old home.
Everyone has their own unique situation that they’ll have to account for when selling. Some people choose to buy a new home and move in before selling their old home. For others, this isn’t always possible and they have to rent or stay with family while they wait to close on their new house.
Regardless of your circumstances, there are a few things you can do to make the process of selling your home easier. In today’s post, we’ll teach you how to do just that.
1. Make a timeline
Undoubtedly, you’re going to have a lot going on in your life when selling your home. To keep yourself on track, work with your real estate agent to establish a timeline for accomplishing everything you need to do.
This will help you avoid feeling rushed when it comes to completing the tasks on your list. Whether that includes cleaning, packing, preparing documents, or popping the champagne bottle after your sale, it always pays to have a schedule.
To make this process even easier, be sure that you and your spouse/family are working on the same schedule so that everyone is on the same page.
2. Pack and store
When you’re showing your home to potential buyers, you don’t want it to be cluttered with your personal belongings. Furthermore, all of those belongings will soon have to be packed and transported anyway.
To save yourself time and to increase the appeal of your home while it’s on the market, pack up your items by room and store them until you’re ready to move.
You can do this by renting a storage unit or just packing things neatly in your basement until you can move.
3. Make minor repairs now
Before ever putting your home on the market, it’s a good idea to do a thorough walkthrough of the home to check for small issues that you either haven’t noticed or have been putting off.
When a potential buyer visits your home, you can be sure that they’ll be looking for signs that the how was well-maintained. This is your chance to prove that you’ve been staying on top of things around the house.
Making these repairs in advance if selling your home will relieve some of the workload and stress you’ll be feeling once you get closer to selling.
4. Be available
This last step can be the hardest, especially if you and your spouse work full-time and have children with obligations like sports.
Your real estate agent will do most of the work for you when it comes to showing and preparing the home. However, it’s vital that you’re available to respond quickly at key times. This means answering any questions your agent has for you, gathering paperwork when it’s needed, and discussing offers when they’re made.
If you can pull of these four steps, you’ll be in good shape to sell your home quickly, ensuring a smooth sale and transition for you and your family.
Establishing a competitive initial asking price for your house often can be difficult. Fortunately, we're here to help you determine the ideal asking price for your home, regardless of the current housing market's conditions.
Now, let's take a look at three tips to help you set the right initial asking price for your home.
1. Study the Housing Market
How does your residence stack up against the competition? Evaluate the prices of comparable houses in your city or town, and you can narrow your home price range.
Furthermore, it helps to examine the prices of recently sold residences in your area. With this housing market data, you can find out whether you're preparing to enter a buyer's or seller's market. Then, you can map out your home pricing strategy accordingly.
2. Conduct a Home Appraisal
A home appraisal offers a valuable learning tool for a home seller. It allows a seller to receive expert insights into the value of his or her residence. As a result, a seller can get a property valuation from a home appraiser and use this figure to establish a competitive home asking price.
In addition, it may be beneficial to conduct a home inspection prior to listing your house. An inspection enables you to learn about any problems that may affect your house's value. And if you choose, you can use a home inspection report to prioritize assorted home repairs that may help you boost the value of your house.
3. Collaborate with a Real Estate Agent
If you're unsure about how to price your residence, there is no need to stress. In fact, you can hire a real estate agent to receive comprehensive support at each stage of the home selling journey.
A real estate agent is happy to help you assess your house and determine the right price for it. He or she is unafraid to be honest, and as such, will offer unbiased home pricing recommendations. That way, you can establish a competitive price from day one of the home selling journey and increase the likelihood of a quick home sale.
Also, a real estate agent goes above and beyond the call of duty to assist a home seller. This housing market professional will set up home showings and open house events to showcase your residence to prospective buyers. Plus, he or she will keep you up to date about offers on your residence. A real estate agent will even negotiate with a buyer's agent on your behalf to ensure you can maximize your home sale earnings.
Perhaps best of all, a real estate agent will respond to your queries throughout the home selling journey. If you ever have home selling concerns or questions, you can simply talk to your real estate agent and receive expert support.
Take the guesswork out of pricing your residence – use the aforementioned tips, and you can set a competitive price for your home in any housing market, at any time.