Selling a home for the first time can seem intimidating at first. By knowing more about the process, you can equip yourself with the right knowledge, allowing you to better formulate a solid strategy for marketing your home.
Here are a few tips to keep in mind if you’re planning to sell your home:
- Look through the eyes of the buyer. What would you like to see if you were the one looking for a home? Go through every inch of your property, and see what needs to be fixed, upgraded, cleaned, painted/re-painted, or disposed of. A move-in ready home attracts plenty of buyers – lesser issues mean a higher possibility of landing a sale.
- Hiring an experienced real estate agent can drastically improve your chances of landing the best deal. With a good agent at your side, you’ll have someone who can not only handle all the legal issues and paperwork, but can represent your best interests during negotiations.
- Make sure your home’s price falls within the price range of other homes in the neighborhood. If you want to increase your home’s value, you can consider making improvements such as re-painting, landscaping, and other aesthetic upgrades. Just remember not to go overboard – go for improvements that will cost you little, but will add a ton of value.
- Consider each offer carefully. Remember to take your time – no one’s rushing you. This part of the process can take up plenty of time, so expect to go through a lot of negotiations. Work with your agent closely, so you and the buyer can reach a deal both of you are satisfied with.
- During the last stage of negotiations, be sure to look at the contract thoroughly, and see to it that everything’s ironed out. After the buyer has settled all the necessary transaction costs, expect to go through a little more remaining paperwork. All that’s left is handing the title and the keys to your home’s new owner.