Selling your home is serious business. That is why you have to be seriously prepared for it. Discover the top rules to keep when entering the real estate market as a seller. Follow these and you will make the most out of the deal in terms of money and satisfaction.
Make only cost-effective repairs that will increase the value of your property considerably. This rule is simple to keep when selling your home. Calculate how much the repair will cost you and calculate how much value it will add to the property. Use the advice on an expert or do some research to calculate the latter value accurately.
De-clutter your home and stage it for selling. These are the major preparations you have to make. Think of your house as a product. De-clutter it and clean it perfectly. Then do some staging work making the different rooms more appealing to the eye and cozier. Call a professional stager, if you want to get the best results.
Determine the price you set on your house in line with the market conditions as well as in line with its value, when selling your home. In the real estate market, sellers have little control over the price they will actually get for their home, because it is primarily determined by demand and supply rather than by the property’s value. That is why you have to play by the market rules. Experts recommend lowering the price slightly below the property’s market value in a buyer’s market and vice verse in a seller’s market.
Work with an experienced real estate agent that gives you a price range rather than a high price. There is great competition between realtors when a house is about to enter the market. That is why a lot of them inflate the price they offer unreasonably. In this case, most sellers actually get less than what they expect for their home. It is much better to work with a professional that gives you a price range and explains realistically how much you can expect to get.
Do not buy a new house before selling your home. This is a major rule to keep, because even with the best realtor, you may have to wait for months until the deal is finalized. It is much better to stay in your current house, look for the best new home and secure the most affordable financing deal before you get to make the final step.
Now you know how to sell your home.