Selling a house is a daunting experience, especially if you’re brand new to the game. Where do you even start? There are a lot of steps that come alongside selling a home, and some aren’t as obvious as you might think. If you’re thinking about putting your home on the market, don’t fret! The best thing you can do is take a step back, do some research, and put together a plan of action. Selling your home can be a breeze if you’re prepared. Here’s our little handbook for first timers.
Find Your Home’s Value
Before you even get started on getting your home’s listing up and out in the open, find out what your home is valued at. Start by using a home value estimator online to get a ballpark estimate. Once you find that, consult with a real estate agent to get your comparative market analysis (CMA). This is a price based on how other home’s in the area are selling and what you can expect to be able to sell for. Now, before you take any more steps, make sure to factor in all of the costs that are going to come alongside selling your home. Understanding what you’ll be able to earn at the end of the sale will help you understand expectations throughout the process.
Choose a Realtor or Other Selling Method
When selling a house, partnering with a real estate agent is the more popular method, and for good reasons. A top agent can not only sell your house for more, but they can also sell your house more quickly. For first-time home sellers, an agent is the better way to go. However, there are other options including selling it on your own and selling a home for cash. While both of these options come with benefits, you run the risk of selling your house for less than its value and running into unforeseen roadblocks.
Start on Home Improvements
There’s one more major step to take before you get your home up and ready to sell: getting it ready. Areas of the house that put the home at risk for a failed inspection should be prioritized. Other than that, we recommend focusing on projects that come with a high return on investment and that aren’t going to take months to complete. Start with cleaning the house from top to bottom, decluttering along the way. Some other projects include fresh paint, smart home additions, and new hardware.
List Your Home and Find Your Buyer
Once you check the top three steps off of your list, it’s officially time to find yourself a buyer. Whether you’re working with an agent or not, be sure to market your home to a serious audience. Reach out to people on social media, connect with friends and relatives, and get the word out that your home is ready to go! Find your buyer, negotiate contracts, and get ready to close. Voila! Congrats on selling your home!
We hope this guide of ours got you ready to take on selling your home. Good luck with everything!
My name is Amy and i’ve been a passionate blogger about life, love and travel for many years. I first started blogging in 1997 and it’s been quite a journey since then. I keep my blog up-to-date on a weekly basis and you can also follow me on my Twitter account here: Hello