Selling a house, whether you sell it as-is or do some repairs, is certainly no easy task.
It is essential for business owners to abide by the applicable laws, rules, and regulations, but proper planning and preparation can be accomplished.
Whether you are a landlord or a homeowner, selling and rehabbing a home in that area can be a costly event.
This guide should give you some essential tips for how to ease the process of selling your home.
1. Inspect the Market
Consider how several factors affect the housing market in the area when considering the sale of your house. First, there is the availability of homes in the area and the price of houses in the area.
Also, you should be aware of the average selling price of houses in the area as well as the time it takes to sell a home. Also, specific ordinances may affect the sale of houses in the area.
Keep track of the competition that you will be up against. There is plenty of competition in the area, and you want your home to stand out. There is an art to pricing your house at a rate that will allow it to be sold before your competition, but one that also nets you a solid profit. This is where a quality realtor comes into play. They have detailed knowledge of the market, so it’s usually best to hire them for a market consultation. This brings us to our next point:
2. Hire A Realtor
It is crucial to take the time to find a suitable listing agent and a trustworthy broker if you wish to sell your home properly. In addition, a quality broker will have access to the most current multiple listing service data, which will tell them where to focus the sale.
However, you will need to ensure that the broker you choose does so at competitive prices and offers reasonable conditions. There is usually no shortage of qualified brokers in populated places, so choose the one that works best for you.
Most realtors will require that you have a commission attached to the sale. This is usually around 6% but will fluctuate based on the area you live in, the market conditions, as well as how good of a negotiator you are. Therefore, it’s best to start searching for a realtor a year before you decide to sell your place so that you can negotiate the best terms.
3. Prepare Your House for Viewing
It is probably apparent but clean up your house, and get it ready for viewing. Arrange all the furniture in the proper places, clear clutter, and make those ornamental decorations stick out. Basically, make it picture-perfect because the truth is, pictures are the first thing people are going to see.
Another great way to increase curbside appeal is by removing items that may offend prospective buyers, such as putting away any artwork with more mature topics in case the buyers have children along. In other words, make sure whatever is in your home is viewable for all ages and moral dispositions.
4. Index Your House On All The Listing Places
While a realtor will make sure that your house goes in all the right places, this is something that you will want to double-check. With the advent of the internet, there are now dozens of different local, regional, and national registry listings for houses for sale, such as Zillow, Trulia, Craigslist, Home.com, Realtor.com, and way way more. Also, don’t forget to list it in your local papers and online directories.
These are some of the basic steps for getting your house ready for sale. The best bet is to hire a professional realtor, as they will cross all the t’s and dot all the eyes. They will also make sure that you get the best deal, especially if they are commission-based, as they want to make money as well.