Homebuying for the first time is a brand new experience that comes with lots of lessons. Selling the first home you’ve purchased is also going to be a learning experience. Any stage of the home buying and selling process can be stressful. If you’re getting ready to sell your first home, you want to be as prepared as possible to ensure a smooth process throughout. From taking care of home improvements to knowing what it means to list on MLS, read on for your complete guide.
Take Care of Home Improvements
Before selling your home, you want to make sure it’s in tip-top shape. Improvements to your home can greatly affect the price and could become a contingent factor in the sale of your home. It’s best to get any minor (or major) projects out of the way to avoid delays in selling your home.
After you hire a real estate agent, they will likely make recommendations on improvements you can make. Or, you can conduct a home inspection. These are typically done by the potential buyer during the selling process, but it’s a good idea to do a pre-inspection so you can be proactive in resolving any issues with your home. You can choose to tackle these improvements on your own or hire a handyman if that’s within your budget.
Hire a Trusted Real Estate Agent
A trusted real estate agent is essential for a first-time home seller. Since you’re brand new to this process, you want to ensure you’re doing everything not only correctly but strategically as well. Perform extensive research to find the right real estate agent for you and shop around. It’s a good idea to research and interview at least 3 agents to find the best one. A real estate professional will be instrumental as you sell your home.
Practice Strategic Marketing
Strategically marketing your home is important to help you get the best price and sell in a timely fashion. You will want to get quality photos of your house to give potential buyers a solid idea of your property. It’s a good idea to hire a professional photographer to take these images for you. Your real estate agent can likely recommend a good person. These photos will accompany your home list on MLS so these must make a statement.
When you have your home list on MLS, which is taken care of by your real estate agent, your listing is available to a database all real estate agents access as well as top home websites such as Zillow and Redfin. Most homebuyers begin their search online, so a list on MLS is imperative to reach more potential buyers.
Another strategic piece of marketing your home is pricing it correctly. Your real estate agent with pull a comparative market analysis to evaluate what other similar homes in the area have recently sold for. This allows you to find the best price to bring in the right buyers. When you don’t price your home strategically, whether too high or too low, that will reflect negatively on your listing.
Properly Stage the Home
Staging your home is extremely important for your buyer. When potential buyers are viewing homes, they envision themselves living there. Your home should be tidy, neutral, and free of any personal items, such as pictures. You also want to avoid clutter in your home. Furniture should fit comfortably in the home with lots of space. A home that appears too cluttered or smaller than it actually is can be a turn-off for potential buyers.
Stay Flexible with Home Showings
When selling a house, you will need to stay flexible with home showings. It can sometimes be inconvenient to accommodate showings but it’s incredibly important to remain flexible. If there are interested people in your home, the sooner you can get them in, the better. You risk missing out on a sale if you don’t get the potential buyers in right away because they will easily be able to move on to another house.
It’s a good idea to stay prepared during the home selling process in case you need to quickly vacate for a showing. You will need to maintain cleanliness throughout the home, so it might be a good idea to hire a cleaning service to come in frequently to keep the house tidy. You can also keep a bag of items close by in case you need to leave at a moment’s notice. It can feel tedious during the process but in the end, it will be worth it as this is an important part of getting your home sold.
Selling your home can feel stressful at times. With these tips, you will know what to expect and how to prepare to help make this process a bit easier on you and your family.