Selling a property can feel like an overwhelming endeavor for anyone. You’ve spent time, effort, and money making your house into a home, but once you decide to sell, you are immediately hit with a mixture of stressors. From preparing the house to finding real estate and moving your family, you’ll have a lot of work to do. Follow these tips to reduce the stress of selling your house.
1. Sell Your Home: Find the Right Real Estate Agent
Not everyone chooses to hire a real estate agent when selling their home. Some decide to list the property themselves. There are pros and cons to each. However, a real estate agent knows the local market. An agent will be familiar with the neighborhood, know the kind of buyer your house appeals to, and have the skills to advertise your home adequately. If you decide to work with a real estate agent, ask friends for recommendations. Interview several agents to learn how they can help you sell your house.
2. Sell You Home: Choose Your Asking Price
Choosing a reasonable asking price is essential to a quick and easy sale. Undervaluing your house will cause you to lose money while overvaluing hinders your ability to find a qualified buyer. Your real estate agent will create a competitive market analysis (CMA) to select an accurate price. A CMA looks at recent sales in your neighborhood, comparable houses (or “comps”) in your area, and market trends. Your agent will also consider amenities and features (e.g., pool, multiple car garage, etc.) and improvements or renovations you have done to the house.
3. Sell Your Home: Prepare Your House
In the real estate world, preparing your house for a showing is called “staging.” Here are tips for staging your home to better appeal to potential buyers.
- Begin by decluttering. The less cluttered your house, the bigger the living areas and storage spaces will look.
- Remove personal items from the house. Buyers need to be able to visualize themselves and their families living in the house.
- Make small updates. Don’t tackle major remodeling projects. However, minor paint touch-ups and new lighting, particularly in the living room and kitchen, can make a big difference.
- Improve curb appeal. The outside of your house is the first thing potential buyers will see. Add flowerbeds, pressure wash the siding and driveway, and touch up the paint on the shutters.