Every seller wishes for a stress-free deal that lives up to his desired expectations. In an ideal world, one would want the perfect buyer to simply inspect the house, confer satisfaction and simply hand over the cash. But this is not how the real world operates. The selling process of a house requires an overall effort, where many things are not in your control.
Many factors might influence the market value of your property. Geography is one of the main aspects that determine the value of your home. After you have put your home on the market for sale, another thing that could affect its value is the time duration your property lingers in the market.
Condition of your house is also vital – it is always a concern for the buyers whether the construction is new or old. Yet it is never a piece of advice to spend extraordinarily to revamp your house because most of the times, it is of no use; especially, when the buyers are only concerned about the geography with their only intention to reconstruct the whole property.
Choose the Right Time
In an ideal world, all it might take to sell your house would be a smile and a handshake. But, it takes careful planning, paperwork and decision making to sell your home in the right amount.
The entire process of selling a property can take a period of up to four to six months – depending on the market time and conditions. This is why choosing the correct time to put your property on sale is very important. Do not be hasty when the market is facing high inflation – only if you need to sell the house for any urgent reasons.
If the market situation is favorable, jump to the next step and see if your house is ready for the exhibition. Make little yet decent changes if you think your property is not ready for the display. Neither run into these matters not spend extravagantly on needless upgrades. You should be aware of the vicinity and its real estate valuations before you put your house on sale. For example, if you are in Florida, you might want to look for the best retirement communities in central Florida before making any decision about how much money you should demand for your property.
Look For an Expert Real Estate Agent
The advent of the internet has brought the search for any commodity on your fingertips. Yet, it gets quite complicated at times to choose the best service or material when the internet is saturated with hundreds of suggestions and advertisements. So, choosing the right agent also takes considerable effort and analysis, to say the least.
If you cannot find any suitable option on the internet, look around and ask among your relatives or acquaintances to help you out. An agent, whose work is already trusted by someone close to you, will make things much easier to tackle. Keep in mind that attitude matters. An agent who carries a know-it-all attitude might only delay the process. Consider someone who is friendly and open to suggestions. This way, you have brighter chances to settle the deal soon.
Every field requires experience to excel. The same goes for real estate agents. Always ask your agent about his experience and confirm it with the vicinity. But, another attribute you would want in your agent is his communication skills. He should be convincing enough to make the other person visualize all the positives of your site, boldly yet beautifully.
Sales agents usually charge five to six percent commission on the total sale price. Always decide commission and other legal requirements beforehand. Or else, you can also avoid hiring an agent to save money, if you believe you can handle the task better yourself as FSBO.
Carry-out a Thorough Home Inspection
A home inspection is not a mandatory step. It depends on the owner’s will. House owners could hire home inspectors of their choice or assign this task to their estate agents. However, having your house inspected before putting out in the market could be beneficial for you because it lets you know of all the problems and things that need attention before the buyers’ eyes lay on them. The home inspection helps you assess the house thoroughly. A thorough assessment could help you find and fix everything you could not notice before, from plumbing to electrical, ventilation and appliances you are wishing to hand down to the buyer. In other words, it helps you to inspect your house inside out, from its exterior to interior.
The home inspection isn’t a tedious task. It takes merely a few hours to inspect an entire house. When done, the inspection team hands you the report mentioning all the things worth noticing.
This report could help you fix the problems, and if all is good, it could be handed to the buyers. Hence, a home inspection could be highly beneficial in attracting potential customers.
Perform Necessary Home Repairs
Never take any step before consulting your real estate agent. Those ads show beautifully decorated houses on sale that even you wanted to buy might lure you into the idea of doing the same to your place before selling it to attract customers, but it does not work like that. You would only be drowning your money down the gutter. Only make the necessary changes. What most buyers don’t understand is the difference between repairs and furnishing and cosmetic touches. Anything defective in its structure should be repaired. If the items which need fixation and paid less attention, they would show up in the home inspection either done by your real estate agent or buyers and send them running. Houses having an all-okay inspection report from home inspectors have higher chances of being sold faster. Renovations and additive furnishing would only prove to be a waste of your time and money. They might fulfill your purpose of attracting buyers but the money spent and invested in those additives is not going to pay off.
Hire a Professional Photographer
Spending good money on a professional photographer would pay dividends in the end. Because what could attract the buyers better than photographs of your house in all its glory? Good estate photographers help you by making the buyers notice every detail of your house, of course including the cleaning and staging you did for the selling process. Real estate market experts agree that even the prettiest of homes fail to get the attention they are worth because of not being photographed right. Hence, pictures from all angles of every corner of the house are a must.
No matter how fancy tools of photography you have in possession, a professional photographer who has dealt with property-related projects is the best fit in your situation.