What to Do Before Putting Your Home on the Market
Making the decision to sell your home requires a great deal of time and planning. Some people feel like they can just put their home on the market and expect it sell quickly, but that’s not the case. There’s a lot that goes into getting a home ready to be listed, and many homeowners don’t realize the amount of time this can take. Before you decide to sell, here are a few things you need to do first.
Check the comps
Comps, which stands for comparables, refers to the other houses in your area that are currently for sale or that have recently sold. You need to look at these houses to see how yours compares. Plus, looking at these can give you a better idea of what your home will actually sell for. Once you see the comps, you’ll know if your expectations are out of reach or in line with what the market is showing. You can also use this information to determine if there are upgrades that you need to make on your own home in order to get the most bang for your buck.
Find a realtor
When it comes to selling, you need to find a trusted realtor. A realtor is going to be your best bet when it comes to getting honest feedback on your home. These professionals will be able to tell you exactly how they believe your home will do, and they will also let you know if there are things that need to be addressed in order to get your home sold faster or for more money. Realtors don’t make money unless your home is sold, so you know that they are going to work for you in order to get the job done.
Have it inspected
Depending on where you live, your home will likely need to go through a home inspection before it can be sold. Typically, this is something that the buyer would request, but if you get ahead of the game, you can become aware of any issues that may curtail the sale of the home. Find a home inspector who will check the structure of your home, check the electrical, look for signs of water damage, and just give your home an overall once-over. If the inspector finds anything, you can have the issue fixed before your home is sold, which can help it sell for more money.
Make necessary changes
After you’ve spoken to the realtor and the inspector, make any necessary changes you feel will be necessary in order for you to move. This may be something small, such as painting the rooms a more neutral color, or it may be something big, like taking on a remodel. You ultimately have the final say in the changes you make to your home, but it’s important to understand that not making them can inhibit the sale of the home.
Make it appealing
Most realtors will want to take photos to market your home, so make sure your home looks its best. Go through your home and de-clutter. You should also determine if there’s a better way to layout rooms for a nicer flow. You should even consider changing your home décor to something more attractive. When your home is more inviting and appealing, it not only makes the photos look better, but it also helps potential buyers envision themselves living in your home.
Be sure you understand the process
Changes have been made in the recent past that affect the home buying and selling process. If you’re looking to move quickly, it’s important that you understand it may not be that easy. Banks and lenders are taking longer, and many closings are taking at least two months to happen. If you want to be in a new location before the start of the school year, then you need to make sure you’re getting your home on the market well before that date to give you enough time to move on.
Selling your home is a very important decision, and the more familiar you are with the process and what to expect, the better chance you’ll have of getting your home sold.