Do you know what to do in selling your home? The do’s and don’ts” and the nightmare if not done correctly. This is the time that needs planning and a lot of time down to the tiniest details.
Here are some helpful tips that might help you.
Get a reading of the market
Is it a hot or cold market? A hot market favours sellers, whereas a cold market favours buyers. Whether it’s a hot or cold market, resign yourself to the fact that selling your home could be a lengthy process. As a general rule, it’s easier selling a home in a hot market than a cold one.
Make sure you have the right agent
There is no shortage of real estate brokers. The trick is getting one with an excellent track record in your location. Equally important, you want an agent you feel comfortable with and trust. The best way to find an agent is word-of-mouth. Ask friends, family and neighbours for recommendations. Speak to a few, and then make your decision.
Price home right
Many sellers put a high price on their homes thinking they’ll lower the price if it doesn’t draw buyers. This often results in a slow sale. To avoid overpricing your home, take the pulse of the real estate market in your area. Find out what comparable homes are going for. Realtors say that the first 30 days your home is on the market is usually the best activity you’ll see. If the price is too high, many buyers will pass on the property thinking you’re either unwilling to negotiate or not serious.
Spruce up exterior, interior of your home
There is no denying the power of first impressions. Whether renting an apartment or selling your home, that first impression is a powerful one and will strongly influence buyers. Realtors call it curb appeal. A buyer forms an impression of your home as soon as he sees it. It’s crystallized as soon as he pulls into your driveway. This is why the spring and summer months are an ideal time to sell a home.
These are the ideal months to show your home off to good advantage. Make sure the entrance to your home is clear and clean.
Put your kids’ toys, bikes and skateboards in the garage. A freshly mowed lawn and some potted plants in the walkway make a great impression. If your lawn is a mess, it’s worth your while to hire a landscaper for a day to clean it up. A fresh coat of paint on your front door, window sills and gates is highly recommended.
Give the interior of your home a modern look. Replace old, outdated fixtures with modern ones.
Neutralize and depersonalize home
Nothing turns off potential buyers faster than clutter and mess. When showing your home, less is more. The goal is to create an environment so that buyers can visualize themselves living in your home. This is why Realtors advise showing a home free of clutter and unnecessary distractions.
Clear tables of stuff, such as accumulated mail, photos and knickknacks. Put excess furniture in the basement or attic. Make sure hallways are clear, and every room in your house is easy to navigate.
Remove pet paraphernalia
If you have a dog or cat, remove their toys and dishes from the floor and put them in a closet.
It’s yet another distraction that can cloud visitors’ impression of your home.
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