Setting up a yard sign and placing flyers around town can help attract qualified buyers. However, most home buyers start their search online, so a yard sign may not attract enough attention. There are many programs available online that will enable you to create a virtual tour of your home, which buyers can view before making an offer. Before you list your home for sale, understand the fees, closing costs, and contingencies associated with the process. You should also know what taxes and escrow are involved and what you should expect to pay when closing. Finally, prepare for negotiations by understanding the process from beginning to end.
Decluttering
While it can be a difficult task, decluttering when you’re ready to sell will increase your home’s appeal and speed up the sale process. Potential buyers will be unable to see past the clutter if they can’t imagine living in it. The best way to declutter your home is to tackle one room at a time. When you’re done, recycle paper and donate unwanted items.
Pre-inspection
The benefits of a pre-inspection are numerous. For one thing, it allows you to fix any major problems before your prospective buyers see them. This helps create a positive first impression for the buyer and may even boost your offer. Having the inspector come to your house prior to your public listing will also help you prepare a better home inspection report. This is particularly beneficial for FSBO sellers.
Getting a home inspection
Getting a home inspection when you’ve decided to sell your house is a must if you want your potential buyer to be confident in the home’s condition. In order to ensure that your home is safe and in good working order, the inspector will need easy access to all parts of the property. Make sure the inspector has easy access to the roof, exterior siding, window trims, and any outdoor areas. Make sure that all areas are clear of trash, plant growth, and stored items.
Setting a sale price
Setting a sale price for your house is crucial if you want to sell it. Whether you want to sell it for less than its fair market value, or for more than its appraised value, you need to set a price that appeals to your buyer. The price that you choose should be consistent across all your marketing efforts. Generally speaking, home sellers should aim to get more than their property’s value, but in certain market conditions, you can ask more.
Negotiating
When negotiating when selling your house, you’ll want to remember that the buyer’s agent has expertise in the market and can help you frame your concessions. For example, if you’re selling your house to someone who wants to buy your property right away but needs a few months to move out, an agent can help you frame a counteroffer that will still be competitive with the market. A good agent will also know how to approach the other party and will be able to provide details about the buyer’s personal situation.
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