Are you in the process of selling a house and think that you have it all figured out? Well, that might not quite be the case.
When it finally comes to selling your home, it is so easy to miss something. You don’t want to be left out of pocket or miss out on a great saving or profit.
If you are a selling newbie or even have had experience before, make sure you check out our guide to help you out with all the finer details.
Selling a house can be one of the most stressful times for people. Read this guide to put your mind at rest and ensure you have done all the necessary steps when selling your property.
Choose the Correct Help for You
Many people think that the only option when selling homes is using a real estate agent. This isn’t the case at all. If you work with a real estate investor, this can be a much better option for a lot of people.
Using a real estate investor can often save you time and money. You don’t have the same level of hassle that some real estate agents bring. It can be a much easier and less invasive option than using an agent.
Do your research and work out what exactly you want from your house selling experience. Using a real estate investor could be exactly the way forward for you and your family.
Timing Is Key
Make sure you are putting your house on the market at the right time, as this can really affect the sale price of your house.
Work with established professionals that know the valuations in your market area, and the history of the housing prices can really help also and knowing when to put it on.
For example, times around holiday seasons such as Christmas and Thanksgiving are not the best time to list your house, but it doesn’t make it impossible.
Look at what the local housing market is doing and keep abreast of any developments.
Think About the Length of Time Selling
Be prepared and ready for the amount of energy it can take to sell a house. It might be a much longer process than you think.
What are your timescales and requirements from the sale? How long are you expecting it to be on the market? Ask yourself these questions and give honest answers.
After your house sale has been agreed, then you can expect anywhere from 50 to 90 days for the deal to be finalized. It is usually around two to four months from start to finish.
Are You Ready to Sell Your House?
Selling a house is no walk in the park. You may experience disappointments and knockbacks that are frustrating and difficult to deal with.
Sit down and work out your finances first. Are you factoring in all the moving costs and fees that come with selling your house? Are you able to get a decent mortgage for your new house that you can afford and pay all your other bills also?
These are the hard but necessary questions you need to ask yourself. Once you have figured that all out, you are ready to go! Selling and buying houses incur fees and hidden costs that you need to be able to afford and pay for.
Also, it’s worth mentioning, are you ready to leave your home? It can be hard to think about the precious memories you have made there. And the thought of another family living there might be tough.
Weigh up those emotional factors before you decide whether you are ready to sell your home.
What Is Your House Worth?
On average, the median equity gain for house sellers is $55,000. This is no small sum. However, to get those equity gains, you need to make sure you are in the best position to sell your home.
Work with professionals to arrive at a price that is well informed of the type of house you have and the area in which it resides.
Do your research and see what has sold recently in the area. What are the current trends? Is there a demand for housing in your area? Are there decent schools? Good amenities and restaurants? All of these things will contribute to your final price.
There is no point going with an overinflated asking price for what you are trying to sell in your area. It will just sit on the market and won’t sell.
Work with professionals who can come up with a realistic price for what you are offering, which isn’t going to alienate buyers with a ridiculous price tag.
Show Your House in Its Best Light
If you know that your house is going to be on the market, make sure you put in the effort into making it look marketable.
Tidy up your garden, buy a few plants to make things look presentable—declutter your home or store items in places where people can’t see them.
Buyers will often want to see a neutral or impersonal space so they can imagine themselves and their possessions there. Just by making a few tweaks, you can show off your house in the best way.
Find Out More About the Process of Selling a House
We hope you have enjoyed this article on the process of selling a house. It can be easy to miss things when thinking about selling property, so make sure you don’t miss out on those important things!
Selling a house can be stressful, but being in the dark about these things can make it far worse. Make informed decisions based on decent information and knowledge on the topic.
If you have any further questions or queries about selling a home, why not check out our previous blog posts?