What to Know About the Process of Selling a House
Whether you’re a first-time home seller or are well-versed in navigating house sales, the process of selling a house can be challenging.
And when you further complicate that process with factors like inheritance taxes and out-of-state-buyers, you may feel completely overwhelmed.
If this describes you, don’t worry.
You’re not alone.
Most home sellers are riddled with anxiety throughout the process of selling a house, regardless of how many of their properties have gone from available to under contract.
To help you navigate the fraught world of house sales, we’ve compiled a list of five must-know steps you should take before you even consider planting that FOR SALE sign in front of your property.
Consult with a Realtor
Do you have a friend or relative who is a realtor?
And even if you don’t, don’t fret– a consultation with a realtor comes free of charge.
While it is unlikely that you’ll actually want that individual to represent you when it comes to selling a house, knowing a realtor can be a real benefit when it comes to strategic decisions as you consider selling.
Here are three topics you should seek a realtor’s professional opinion on about the process of selling a house:
You may have a price in mind, but have no familiarity with the reality of the market. A realtor can access similar properties that have sold or are for sale to indicate with the market will and will not support. This way, you have a better idea of what your house is actually worth.
If you’re selling a house with an outdated aesthetic, you may want to consider investing some money into small upgrades that can go a long way. Ask a realtor’s opinion about low-cost fixes like backsplash and landscaping to learn if you should opt to give your property an upgrade before selling.
The housing market is notoriously fickle. However, there are certain times throughout the year when selling a house is much more feasible. Consult with a realtor to determine when would be the ideal to list your particular property.
Schedule an Inspection
While an inspection generally occurs when a buyer makes an offer on a house, you can offset any unforeseen circumstances and save time by scheduling an inspection beforehand.
This way, if there is something that would turn off a buyer or be an impediment to a quick sell, you can address the issue immediately.
While a pre-sell inspection may feel an unnecessary financial expenditure, it can actually save you money and protect you from a sale falling through in the long-run.
Make Necessary Upgrades
While we already discussed having a realtor weigh in on any additional cosmetic changes that can take your house to the next level, if you're dealing with a property with visible blemishes, you may want to prioritize tacking them pre-sale.
Curb appeal is a real consideration when it comes to home buyers. You want to make sure that cracked concrete or outdated patio furniture don’t get in the way of selling a house.
As we mentioned above, the process of selling a house is complicated. Make it easier for yourself by taking proactive steps that will make the actual sale as simple as possible.
Declutter and Deep Clean
No one wants to buy a home they can’t see themselves living in. And if your house is brimming with papers and personal effects, potential buyers won’t be able to see themselves in your space.
To combat this, declutter the home, removing photos, knick knacks, and other items that read more personable than generally palatable. If you're looking to spend a little more to make your home look that much more appealing, you can even hire a company or individual to stage your home with stylish furniture, highlighting what it would be like to live in the space.
After you’ve decluttered, you must do a deep clean of the home to ensure the buyers aren’t turned off by a scummed sink or greased stovetop. These small steps can go a long way in attracting the right buyer and make the process of selling a house much easier.
Create a Marketing Plan
Whether you’re opting to hire a realtor or go the for-sale-by-owner route, you're going to want to create a marketing plan.
If you’re working with a realtor, you can collaborate on how they will promote your property. This can be through social media, newspaper listings, online listings, and other ways of getting the word out about your distinctive property.
If you're going it alone, you’ll want to identify a strategic approach for getting the word out. If your property isn’t on a high-volume road, simply planting the FOR SALE sign on your front lawn won’t cut it–you’re going to need a concerted plan to get eyes on your home.
What to Know About the Process of Selling a House Conclusion
By enacting these five simple steps before even considering placing your property on the market, you’ll be five steps ahead of anyone else considering selling a house in your neighborhood.
And while we understand that selling a house can feel overwhelming, the more informed decisions you can make can lead to a greater sense of control and, ultimately, satisfaction.
Learn more about selling to us!