Whether you are ready to get rid of it or are struggling with emotional attachment, selling a home can be stressful. We are here to help alleviate any anxiety by providing you with three simple suggestions on selling your home to ensure a seamless selling process.
Suggestion #1: Get the Support You Need
We’re experts on financial matters, which is why we urge you to source strategic support from a professional real estate agent. We advise asking for realtor recommendations from friends, family, colleagues — anyone whose opinion you value.
While you might be tempted to save some money by selling your home yourself, take a look at this financial finding from the National Association of Realtors, which reports that the average home sold by an agent last year brought in $280,000, while the average FSBO (for sale by owner) home went for $200,000.
Industry experts exist for a reason; give the right realtor a chance to help you sell your house and save some money in the process.
Suggestion #2: Invest in an Expert Inspection
Noticing a theme here?
When it comes to purchasing a home, you’ve no doubt heard of hiring a home inspector before you buy. The same is true when it comes to being smart about selling your home. We like to think of this in light of the expression, “the best offense is a good defense.” In other words, by investing in your home inspection you can identify any areas of concern ahead of those potentially raised by a buyer. By isolating and remediating any major concerns, you will potentially save money by avoiding buyers who demand more money off the ticket price than is required for the repair.
Your realtor will, no doubt, have recommendations regarding a home inspector. However, similar to finding your realtor, you can ask your circle of friends, family, and colleagues who they’ve worked with in the past that they would recommend.
Suggestion #3: Set the Stage
Before any prospective buyers walk through your front door, you need to take some time between listing and showing to stage the best version of your home possible. The lived-in look will not serve you well when it comes to selling your home. Granted, you don’t have to aim for museum-like or sterile surroundings; however, cleanliness is key. This applies to the interior and exterior of your home. All too often sellers overlook the outside of their home, which can prove costly.
The idea is to have everything cleaned up and organized while also investing in some carefully chosen accents to elevate your home’s best-selling points. For example, if you have a lovely patio, a few potted plants will make the area pop and help potential buyers envision hosting their gatherings.
On the inside, take the time to ensure that toilet lids are closed and, as the saying goes, let there be light — illumination sells! Switch on every light in the house and open the drapes to send sunshine spilling into every room.
Try to evaluate your home from a stranger’s perspective if you want to identify its strengths and weaknesses to highlight or help, accordingly.
Seize the Day!
When it comes to the best strategies and length of time it takes to sell a home, a variety of factors come into play.
According to data from realtor.com, homes across the United States sold in 60 days in March 2020. Of course, that auspicious month also saw a national shutdown, with the economy still working to recover.
But there’s good news — at the moment! The U.S. real estate market is currently a seller’s market — a trend that is expected to continue through 2021.
It’s time to start selling!
Contact us today to discuss the financial implications of selling your home as well as investment options available for you to invest the proceeds from the sale.