It can get very crazy and complicated when trying to sell a house, especially for the first time. Challenges like figuring out what the buyers want, meeting their demands and of course, the disappointing negotiations always weigh in. So how do you sell your house, get the best offer, and walk away satisfied not just by the final figure but the entire process as well? It’s simple; there are certain things every seller should know before listing their homes on the market, and here are four of them.
- How do you want to sell?
It’s essential to start planning by determining how you want to sell the house. What’s the strategy you’ll use? Will there be an estate agent? These are the first two questions every homeowner looking to sell their homes need to ask. An estate agent would be the most professional choice, as they have experience with pricings, and have the market strategy advantage. However, an agent will charge a fee for the sale so make sure you shop around. You can also choose to sell the house yourself, and thanks to the internet, it’s more straight forward nowadays. If you want a cash payment, the companies like Property Buyer are known for saying ‘we buy any house’ and this is regardless of the type of property.
- Determine the asking price?
Finding the right price for your home may seem quite simple, but on the contrary, it’s not always straightforward. Factors like the house value, market conditions and personal expectations have to be put into consideration. When the price is too high, the listing could stay long months on the market. If it’s too low, the seller looks desperate and may end up selling for an even lower price after negotiations. It’s better to have a good idea of how valuable the home is, and you can do this by comparing it to similar houses that have sold around the same neighbourhood. There’s also the option of finding the value by using home value estimators; it’s a straightforward way of determining your asking price.
- Get a home inspection
So, you’ve determined how you want to sell the house and the asking price as well, the next step is to get the home inspected. Before this, you should have prepared the home by cleaning, decluttering, decorating and maintaining things around the house. A full home report will show if there are any structural, electrical or mechanical issues before placing the house on the market. Any issues found should be repaired and handled before listing the home.
- Put it on the market
If you decided to hire an estate agent, this final step would already be taken care of; however, when going solo, there are vital steps to take. Take professional photos of the home, preferably the best-looking parts, then put a ‘for sale’ post in front of the property. There are websites that assist you with arranging a home showing, where you can invite buyers and estate agents. You can also arrange private viewings with your potential buyers where you can showcase your clean, well-furnished home – with the hope of receiving reasonable offers.