Selling a house is anything but easy. There are a lot of steps involved and a seller has no choice but to be patient and work through all of the necessary repairs, replacements, upgrades, decluttering and any yard work, all before actually being able to sell the house.
The first step is to list your house for sale with a real estate agency. And then play the wait and see game from potential buyers. You hope you have chosen an agent that prequalifies your buyers ability to purchase your house at the asking price. This eliminates unnecessary preparations for inconvenient showings that will not pan out.
Some of the areas that may need repair before you can list your house are the roof, If there has been a recent storm or a series of storms you may have loose shingles. If so, first check with your insurance carrier, if there is damage you may be able to have the necessary repairs covered under your homeowners policy vs money out of your savings. Next the kitchen tasks, such as upgrading appliances, or cleaning behind them because potential buyers definetly pay attention to these details. If your appliances are all in need of an upgrade, then you best bet is to purchase a home warranty program for the house , this is a great way to assure the potential buyer that if any repairs need to be addressed once purchased the appliances are covered. All it takes is a service call for a flat fee. If it can not be repaired they will provide you highly discounted wholesale prices to purchase new appliances and the service call fee is applied to the amount of money they give you to replace the item. These home warranty policies also cover plumbing, and electrical work and even the most expensive home item to replace the heating and air units. Purchasing the policy for a year gives the potential buyer the needed assurance that they do not need to purchase a brand new house to avoid pouring money into it for needed repairs that would not be part of a new home purchase.
A new coat of paint throughout the house will always brighten your prospects. Be mindful to choose neutral colors, so that a buyer can envision their furniture in the house. Take out dead or partially dead plants and bushes, replace them with colorful plants and trees. Add a few yard decors such as wind chimes and bird houses. The sounds of nature are a soothing sound and add a nice touch. A good rule to follow is to redress the house as if you were a guest walking up to the house. How appealing would it be to you. Add walk lights. These can be sun powered to cut costs, but definitely add a nice touch to the appearance of your house’s curb appeal.
Your broker may want to get your home appraised and/or inspected before putting it on the market. This is a wise choice. When a buyer knows that a house has been inspected and the necessary repairs and upgrades have been done, they have more confidence in choosing the property. They can be assured there are no hidden costs being covered up that will come to light once they are in the house causing them to regret their purchase. An interested buyer may also want to hire their own inspector before making an offer. If you have done the necessary upgrades, their inspection report wiil be positive. This is usually the the confirmation the potential buyer needs to make a serious offer and the chances of backing out are slim.
There is always the option of listing the home for sale by owner. This requires you to be available to show the house at all hours, day and night. Your privacy is a thing of the past until a deal has been made. Also, you do not know who you are letting in your home, are they really interested in buying your home, or just out casing he neighboorhood. Some people just like to view a home as a hobby like they would explore a store. You do not need any of these head aches. Selling your home on your own makes it very difficult to work by appointment only, an agent gives potential buyers options of viewing times that fit your schedule. This can greatly reduce the stress placed on your family during the selling process. You may save commission costs paid to an agency, but how much time and additional payments will you have to make until it is sold. How will you get the word out that it is even available for sale. Listing with an agent assures it is put on a national list available to all agents, your selling power increases dramatically. Also an agent is adept at reading their buyers. Their goal is to make that commission, they will assess the mood and comments of the potential buyer and know what to say to increase the buyers interest and hopefully close a deal.
Selling on your own will again require a lot of effort and education to ensure that the deal goes through without costly mistakes. Unless you have studied Real Estate Selling, acting as your own representative could be very costly in the long run if you do not know all the pitfalls that could come up and become costly expenses you could have avoided by using an experienced agent.
If you need to sell quickly due to unforeseen circumstances, then you may want to choose the option of selling your property through cash home buyers who are willing to buy almost any home that is in any condition whatsoever. These companies are able to and willing to purchase houses for cash even if they need extensive repairs or must close quickly.
Your best option, make a list of the pros and the cons of for sale by owner, by broker or sell it as is. Do your research on the costs each option will take as well as the required time you will need to invest. Compare your options carefully and discuss the path you choose with all those involved to make sure everyone is on board with your choice. Its a wise decision to turn to the internet and do additional research, you may find that you are farther ahead than you think or that you have a lot more to do than you think. There are lots of blogs to investigate and how to articles available, use them to your advantage.
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