Selling Tips
Tips to consider when selling your home
Selling a home is a big decision and a major life event, so it’s important to get it right.
Here are some tips to consider when selling a home.
Timing
The first thing to consider when selling a home is the local market. Researching the local market can help you understand the current home prices. Knowing the current market conditions will help you set the best price for your home and maximize your profits.
The best time to sell a home is during the spring and summer months when the weather is warm and the market is active. Selling your home at the right time can help you get the best price and maximize your profits.
Make sure your home is in the best condition possible
Your home should stand out from the competition. Investing in minor repairs and home improvements can help increase the value of your home and make it more attractive to potential buyers.
One of the best ways to accomplish this is to set up a pre-listing home inspection.
When you choose to fix everything the inspector finds before you list your house, you gain valuable peace of mind during the closing process. Your buyer will most likely want their own inspection as part of the sales contract, but when that inspector finds everything is in perfect order, they will have confidence in their purchase.
The First Impression of the home is the outside
Potential buyers drive by the property and check out the neighborhood to be ready.
Work on the outside of your home as you get ready to sell. But when you keep up with lawn maintenance, pull weeds, fix the fence, power-wash the siding, and clean up the cobwebs, your property will stand out and really “wow” prospective buyers.
Buyers need to see themselves living in your home
The key is staging! Placing furniture and throw pillows invitingly. You can also set up a dining room or kitchen table. And placing a vase or two of fresh flowers around the home is a nice touch. The purpose of staging is to show buyers the home’s potential. You want all the main rooms – kitchen, dining room, living room, bathrooms, and master bedroom – to create the feeling that they are already home.
Showing time strategy
Buyers are not always available to see the home when it’s most convenient for you.
Here’s a list so you can easily clean up and leave the house within minutes.
Handling Offers
Be respectful of all reasonable offers. You know what price you’ll accept and on what terms, including what you’d be willing to negotiate if asked. Most contracts expect a response within 48 hours, but why wait? Respond with a counteroffer or acceptance as soon as a good offer comes in.