Tips on Selling Your Home

This originally aired on the Catholic Faith Network’s show CFN Live: https://youtu.be/4GaiR1sr8MY

For most people, the most valuable asset they have is their home. When it comes time to sell, how do they make it a successful sale? For many homeowners, they have invested their time and money into their home and their home is much more than mortar and brick. It can be an emotional time.

The first step is to determine your objectives: are you looking to sell your home fast? Are you more concerned with getting top dollar? Are there any time restraints or other pressing issues?

What is the most profitable way to sell my home?

Here are a few steps that a homeowner can take:

1. Find a trusted real estate agent
2. Hire an experienced real estate attorney
3. Determine whether to invest in value -adding improvements
4. Up your curb appeal
5. Stage your Home

What should a homeowner know or do before selling their home?

 There are a number of steps that can be taken:

1. Set a timeline: Start prepping your home well before you plan to list
2. Set a realistic price: Your agent will conduct a market analysis and help you find the sweet spot.
3. House appeal – List with pro photos: Be sure you have a solid digital presence — approximately 96 percent of buyers look at homes online.
4. Gather Paperwork: Original Purchase contract, Property Survey, certificate of occupancy, Mortgage documents, Tax Records, Appraisals, Home Owners Insurance, Home inspection report
5. Weigh closing costs: Be sure you know how much more you’ll need to pay at the closing table and take the same into consideration.

Once on the market and working with your attorney:

1. Review offers: Consider all factors, not just the highest dollar amount.
2. Contract: Make sure you have all your documentation ready.

What is the secret to a fast sale?

Whether you’re relocating for a new job that starts soon or have a pending offer on a new place, it’s important to drum up interest in your house especially if you’re looking to close quickly. The more potential buyers you can attract, the better your chances of selling fast – and at a good price.

Here are five ways to sell a house quickly even in a slow market:

• Hire the Right Real Estate Agent. When looking to sell a home quickly, begin by hiring a real estate agent to manage much of the process on your behalf.
• Price to Sell. You or your agent can price the home competitively and can later adjust the terms and conditions if there is lukewarm initial interest.
• Clean and Declutter/ Curb Appeal. Prior to showings, clean the whole house, remove clutter, and hide personal items so buyers can picture themselves in the space. Boost the curb appeal to make the right first impression. Clear away the cobwebs, paint the front door, and plant flowers.
• Take Care of Quick Repairs. Fix all loos tiles in the bathroom and bedroom. Fix all loose hinges on doors or cabinets.  Unclog or replace stuck drawer tracks. Repair any leaky faucet and ensure all plumbing systems work. Remove carpet stains or refinish hardwood floors.
• Sweeten the Deal. Offer terms that might sweeten the deal for buyers—such as paying part of the closing costs or accommodating a buyer as to the closing date.

We hope you found this article helpful. Contact our office today at 1 (800) 680-1717 and schedule an appointment to discuss what makes sense for you and your loved ones.