Whether you’re planning to sell your home in the next few months or next few years, there’s no time like now to get prepared!
Prepare Your Home for Sale
Well before you’re ready to plant that “For Sale” sign in your front yard, there is work to be done to prepare your home for sale.
Remember how keen your eye was to every small detail and defect in the houses you saw as a buyer? Now that door to your bedroom that never quite closed properly or that leaky faucet that you never got around to fixing will be seen by a potential buyer with that same keen eye.
Start making the inexpensive and obvious repairs today – even if you don’t plan to sell until a year from now. These repairs can take time. Plus fixing it now will allow you to enjoy the results before it’s time to move out.
If you plan on doing some improvements before the sale, the best place to start is where the buyers start: at your curb. Potential buyers base a large part of their decision on a property’s “curb appeal,” so make yours say something positive. That means a tidy, well landscaped front yard, a house with well-painted trim, a tidy driveway and a clear, welcoming entryway.
Inside, the biggest return on your investment continues to be improvements to the kitchen, followed closely by improvements to the master bedroom. If you’re making these improvements shortly before selling the house, consider painting and decorating the rooms in neutral colors, the most appealing choice to the greatest number of potential buyers. Don't go overboard!!! Simple, inexpensive improvements will help sell your home for more money, but a $25,000 Kitchen or Bathroom remodel will not likely increase the value by the amount of money and time invested.
Inside and outside, start reducing the clutter. When it comes time to show your home, less will mean more. Potential buyers don’t want to see how your closets overflow with clothes, how every room feels cramped with furniture, or how the yard is difficult to maneuver with that rusty swing set in the way. So downsize now; it not only will make the preparation for showing your home easier, it also will make packing for your move faster.
Find a Real Estate Professional
If you’ve been through the home-buying process, you already know how complicated the real estate business can be. While you can opt to sell your home yourself, it can be time-consuming, stressfull and often unsuccessfull. Some homeowners think they can save money on commisions, however, the few buyers that find their home are only shopping for sale by owner homes to find a bargain. To get the best possible price for your home it needs to be exposed to the largest possible pool of buyers and for this you will need a Proffesional.
If you chose me to help sell your home, I'll make the process as enjoyable and stress free as possible. First, we'll discuss the current value based on recent sales and other active competitive properties. Next I'll show you exactly what I'll do to maximize your property's exposure and get your home sold.
Exposure, combined with an impressive online presentation and a percieved bargain price will generate numerous showings. Maximizing the buyers experience and percieved value is what will generate solid offers. I will help you see your home from a new perspective and point out what (if any) minor improvements should be made to help you sell.
Once you are ready to list, I will hit the ground running! Your home will be featured on several websites, with multiple pictures, a virtual tour, and a detailed description. Your home will be toured by local brokers who have buyers looking for homes like yours. I will hold a public open house the first week it is on the market so the neighbors and others can see your home and spread the word. I will consistently keep you informed as to what I am doing to market your home and the results generated by my efforts.
Recieving and Responding to Offers
Depending on market conditions, you may receive one or more offers for your property from interested buyers. Each offer will include the proposed offer price, proposed closing date, proposed move-in date, financing, and contingencies that may include an appraisal or sale of the buyers’ current home. Let me help you sort through the variables to determine whether you should accept, counter-offer or reject the offer.
If there are multiple offers, each offer will be presented to you in the order registered. You don’t need to decide anything until after you’ve seen all the offers. If you do accept or counter more than one offer, you are required to establish an order of precedence noting which is the primary offer, followed by the backups in order. This will help you avoid selling the house to more than one buyer.
Complete the Settlement
Once you have accepted an offer to buy your house, expect to make your house available to a housing inspector, a termite inspector, an appraiser and other inspectors. After seeing the results of the inspections, the buyer may request additional work is completed before purchase, such as repairing a damaged roof or fixing a leaky faucet. You should consult with me to determine whether to comply with the buyer’s request or risk losing this offer.
During this flurry of activity, try to keep your home in show condition. The deal has not closed and still may fall through, which may mean showing your home to more potential buyers.
In the meantime, the buyer is working with a lender to secure a loan for the purchase. When the buyer has written loan approval, a closing date can be set.
There will be a final walk-through before all signatures are collected and the deal considered done. The buyer will go room by room to check that everything is in working condition and, if you had agreed to do so, any additional work requested after inspection is completed.
Now you can prepare for your own move, notify your utility companies of the date to transfer your account to a new address and start packing. Congratulations, you’ve sold your home!
Contact Me with ANY Questions You May Have!