The Complete Guide To What To Do If You Want To Sell Your House
If you’re ready to sell your current home, you’re most likely anxious to get your house on the local market as soon as possible. But before you dive in, it’s important to think about everything that goes into getting your house on the market to attract buyers in the right way.
Real estate transactions of any kind can be daunting, but sometimes you have to put a lot of effort in to the selling process if you want to get more money, especially if you have a remaining mortgage balance.
Here is you’re complete guide to everything you shouldn’t do before getting into the home selling process.
What NOT to Do If You’re Ready to Sell Your Home
1. Underestimate All The Paperwork And Selling Costs
Even when you’re working with a good real estate agent or real estate broker, there are so many costs and lose ends that come with putting your house on the market. Selling your house can cost you 5-6% of a real estate agent’s commission, plus all the closing costs, home inspection, and repairs costs that might accrue could end up costing more than a few hundred dollars. It can get up to the thousands!
2. Set An Unrealistic Price
Of course you want to get a good price from your home’s sale, but setting the asking price too high could turn away potential buyers quickly. You probably know what your house is worth, but it’s important to look at the sale price of recently sold properties in your neighborhood to get an idea of what potential buyers are willing to pay. This is where working with an agent can help – they know the local real estate market and can help you find the sweet spot that will attract potential buyers and give your house the curb appeal your looking for.
3. Ignoring Your To-Do-List Of Necessary Repairs And Cleaning
No one wants to buy a house that doesn’t look nice – when you’re getting ready to put your house on the market, make sure you get all of those home improvements you’ve been putting off done. Too many repairs could deem your house a “fixer-upper” with real estate agents and buyers, which doesn’t always help to sell faster. It also helps to do any deep cleaning and think about home staging strategies for showings. A great real estate agent will advise you to take care of these things before listing or considering the home’s sale price.
4. Not Putting Effort Into Home Staging
You have to get your house ready for showings. Selling your house comes with building a story – you want potential buyers to walk into a clean house and feel like they’re home already. Putting out your best decorations, cleaning up, and even leaving out any family photos can make your house feel so much better, and it could result in getting more than your asking price. It’s also important to get professional photos done to entice buyers who might be looking online.
5. Working With The Wrong Type Of Agent
The people you choose to help you sell your home can make or break the selling process. It’s important to work with a real estate agent you trust. It’s also important to think about whether or not you want to skip all the work of being on the housing market and sell your home to an investor instead. Depending on your situation or how quickly you want to be done with the selling process, there are alternative options to putting your house on the market yourself or with a real estate agent.
At the end of the day, the most important thing is that you’re getting the most money you can when you sell your home. Dealing with any real estate transaction on your own can be difficult. Working with the right people for the job and people who understand what you need in the process is one of the most important aspects of the selling process.