Selling your home can be an exciting yet tricky process. There are many challenges ahead. That’s why it’s a good idea to stay prepared. Here are some things you should do before you sell your house:
1. Survey the Market
Survey the housing market before you approach a professional to help you sell your property. Compare the value of your home to other similar properties in the neighbourhood. Consider all factors. For example, if your home is located close to an excellent public school, your property will fetch a higher price. However, if the crime rate is high in your area or if there’s a long-term construction project nearby bottlenecking traffic, then it could devalue your sale.
2. Be Prepared for The Costs
You may have to spend some money to make money. For example, your home may require repairs and maintenance before it’s ready for sale. Vacancy also costs money. Every month your house is on the market, you pay mortgage fees, interest rates, and insurance.
From the sale price, you’ll have to pay the real estate agent their commission, an appraisal fee, closing costs, etc. If you’re also living in your property, you’ll have to pay the movers and may need to buy new furniture, appliances, and more.
3. Find the Right Channel
There are many ways to sell a house. You can use an online platform, try to find a buyer yourself, or use the services of a real estate agent. The best option is to use all three channels if you’re comfortable looking for a buyer on your own and your real estate agent doesn’t mind.
Most people prefer to use a real estate agent because it saves them the hassle of finding a buyer and managing all the paperwork. But the real estate agent’s fees can be sizable.
When looking for a real state agent, take the time to find a reputable professional who treats you like a human being and not a paycheck. Remember to check references and perform a background check to ensure they’re credible and not an amateur.
4. Get Your Property Ready
To attract high-quality buyers, you must prepare your property. It would help if you considered repainting the fences, doors, and the outside. Alternatively, hire a professional to power wash the exterior.
To enhance curb appeal, use the services of a world-class asphalt care team like Seal-A-Drive that can repair or reinvigorate your driveway with driveway sealing services. Likewise, hire a landscaper to manicure your lawn.
For other cost-effective ways to boost curb appeal, replace the mailbox, replace the weather stripping on doors and windows, and add modern lighting fixtures.
Remember, it’s equally important to renovate the indoors. For around 7,500 dollars, you can have the inside of the house completely repainted by a qualified professional. Additionally, ensure that the plumbing is operational and the appliances are in like-new condition.
5. Be Honest
Depending on your local laws, you may be obligated to reveal all known flaws and imperfections of your property. Even if it’s not the law, it’s a good idea to be honest with your buyers.
These are five things you should do before trying to sell your property. With the right preparation, you should sell your home quickly and without stress.