Hello lovely readers!! ✌🏻
Are you planning to sell your home but don't know how to start and what things to consider? Don't worry, we're here to your rescue.
Following are the points we've summed up for the sellers who wish to sell their properties with ease. Remember, it's always a great deal to hire a real estate agent as they know the real estate business inside out, and assist their clients well. Nevertheless, it entirely depends on the sellers, whether they want to close the transaction themselves or through an agent.
Decide whether you’re ready to sell
As a seller, you must consider the pros as well as cons of selling your home. To do this effectively, you can hire an agent or a broker to figure out the market conditions and the current sales trends as well.
Compute your selling expenses
It is extremely important to make sure that the house you're planning to sell is in a perfect condition. If not, you need to determine that which renovations will escalate the value of your home, and calculate how much they’ll cost. Along with that, keep a record of how much your broker would charge from you!
Make strategies for your sale
The best way to plan your sale is to make sure it is the best time of the year to sell the home. Agents have vast experience and they know when is the right time to list the properties for sale. Prepare your listing contract which covers all the clauses related to the real estate transactions.
Along with that, majority of buyers prefer to look online for the properties, so, you need to upload high quality professionally captured pictures & videos of the house. For more information on this, check out our past blog on virtual tours.
Setting home price
The value of the home is determined on the basis of numerous factors like cost per square foot, features included in the home, market trends as well as the age of the home.
In today's date, home selling entirely depends on the effort put in the form of advertising & marketing activities in the form of social media marketing, email marketing.
Prepare for showings & open houses
Before showing the home to the buyers for selling, sellers must declutter & organize the home plus clear the things which is no longer needed in the home. Clean the rooms, bathrooms & other areas; rearrange the furniture; fix the kitchen (if needed); tidy the carpets especially if you have furry friends in your home!
Offer, negotiation, acceptance and transaction
Before making an offer of home selling in front of the buyer, discuss the offer price as well as the pre-approval letter, payment terms and leasing contract with your agent. Compare various offers and determine whether to include incentives (such as furniture, equipments, fixtures) in the offers.
Present your offer to the buyer (or their agent), make negotiations and finally prepare for closing the deal if everything goes well. Don't forget to remove your belongings before the buyer moves in the house.