Craig Della Penna, Realtor®'s Blog
When we’re trying to find a new home and planning for the changes that will come with moving, it can seem daunting to also have to think about how you’re going to sell your old home.
Everyone has their own unique situation that they’ll have to account for when selling. Some people choose to buy a new home and move in before selling their old home. For others, this isn’t always possible and they have to rent or stay with family while they wait to close on their new house.
Regardless of your circumstances, there are a few things you can do to make the process of selling your home easier. In today’s post, we’ll teach you how to do just that.
1. Make a timeline
Undoubtedly, you’re going to have a lot going on in your life when selling your home. To keep yourself on track, work with your real estate agent to establish a timeline for accomplishing everything you need to do.
This will help you avoid feeling rushed when it comes to completing the tasks on your list. Whether that includes cleaning, packing, preparing documents, or popping the champagne bottle after your sale, it always pays to have a schedule.
To make this process even easier, be sure that you and your spouse/family are working on the same schedule so that everyone is on the same page.
2. Pack and store
When you’re showing your home to potential buyers, you don’t want it to be cluttered with your personal belongings. Furthermore, all of those belongings will soon have to be packed and transported anyway.
To save yourself time and to increase the appeal of your home while it’s on the market, pack up your items by room and store them until you’re ready to move.
You can do this by renting a storage unit or just packing things neatly in your basement until you can move.
3. Make minor repairs now
Before ever putting your home on the market, it’s a good idea to do a thorough walkthrough of the home to check for small issues that you either haven’t noticed or have been putting off.
When a potential buyer visits your home, you can be sure that they’ll be looking for signs that the how was well-maintained. This is your chance to prove that you’ve been staying on top of things around the house.
Making these repairs in advance if selling your home will relieve some of the workload and stress you’ll be feeling once you get closer to selling.
4. Be available
This last step can be the hardest, especially if you and your spouse work full-time and have children with obligations like sports.
Your real estate agent will do most of the work for you when it comes to showing and preparing the home. However, it’s vital that you’re available to respond quickly at key times. This means answering any questions your agent has for you, gathering paperwork when it’s needed, and discussing offers when they’re made.
If you can pull of these four steps, you’ll be in good shape to sell your home quickly, ensuring a smooth sale and transition for you and your family.
Selling a house should be a fast, simple process. Unfortunately, potential pitfalls may arise that make it tough to achieve the best-possible home selling results.
Lucky for you, we're here to help you prepare for the home selling journey.
Now, let's look at three steps that every home seller should take before listing a house.
1. Evaluate the Real Estate Market
The housing market fluctuates week to week. Thus, a real estate market that favors sellers one week may favor buyers the following week, or vice-versa.
A home seller should examine real estate market data closely. By doing so, this seller can analyze housing market patterns and trends and plan accordingly.
Take a look at the prices of recently sold houses in your city or town. This housing market information will allow you to see how long homes were listed before they sold and help you set realistic expectations for the home selling journey.
Also, examine the prices of local residences that are comparable to your own. With this housing market data, you may be better equipped than ever before to establish a competitive price for your house.
2. Conduct a Home Inspection and Appraisal
Don't wait to conduct a home inspection and appraisal. If you perform these assessments before you list your house, you can gain valuable home insights that you might struggle to obtain elsewhere.
During a home inspection, a property expert will assess your house both inside and out. Then, this property expert will provide an inspection report that you can use to prioritize assorted home repairs and upgrades.
Meanwhile, a home appraisal can help you determine the present value of your house. The appraisal will be conducted by a property expert who will examine your house, as well as review myriad data about homes in your neighborhood and the local real estate market. Next, this property expert will provide a property valuation that can help you determine how to price your residence.
3. Hire a Real Estate Agent
A real estate agent understands the challenges commonly associated with selling a house. Fortunately, this housing market professional also knows how to identify and address these challenges early in the home selling process, increasing the likelihood of a quick, profitable home sale.
Typically, a real estate agent will meet with you and learn about your home selling goals. He or she then will help you put together a strategy to sell your home quickly and maximize your earnings.
When it comes to promoting a residence to potential buyers, a real estate agent knows exactly what to do too. He or she will help you craft an engaging and informative home listing that hits the mark with the right buyers. Plus, a real estate agent will host open house events and home showings to provide buyers with plenty of opportunities to view your house.
Want to list your house? Follow the aforementioned steps, and you can boost your chances of a terrific home selling experience.
For those who want to achieve the best-possible results during the house selling journey, it helps to plan ahead. Fortunately, we're here to help you get ready to list your home and enjoy a seamless property selling experience.
Now, let's take a look at three items that every seller needs to pick up before listing a house.
1. Cleaning Supplies
A stunning home interior can make a world of difference in the eyes of property buyers. Thus, you should purchase cleaning supplies to ensure that you can transform your house's interior from drab to fab.
Cleaning supplies are easy to find at any grocery or convenience store and won't force you to break your budget. Plus, they often come with instructions so you can use these supplies for maximum effectiveness.
2. Lawn Care Equipment
In addition to improving the look of your home's interior, you'll want to do everything possible to bolster your residence's curb appeal. Because if potential buyers drive past your home and like what they see, these individuals may be more inclined than ever before to schedule a property showing.
A lawn mower, hedge trimmer and other lawn care equipment are paramount for a home seller. With this equipment at his or her disposal, a seller can improve a house's curb appeal. And as a result, this individual can help make his or her home an attractive option for prospective buyers.
3. Hand Tool Set
A hand tool set will serve a home seller well even after this individual sells his or her house. This set includes a hammer, wrenches, screwdrivers and other essential tools that will make it easy for an individual to perform quick fixes around a house.
In most instances, a standard hand tool set includes everything that a home seller will need to complete basic house repairs. And remember, an individual can always add to his or her hand tool set down the line too.
As you prepare to list your home, there are lots of things that you can do to differentiate your residence from the competition. In fact, if you collaborate with a real estate agent, you can receive comprehensive home selling insights that you may struggle to obtain elsewhere.
A real estate agent is happy to offer honest, unbiased property selling recommendations. He or she can help you get your residence ready for the housing market and ensure it generates plenty of interest from potential buyers. Also, a real estate agent will show your residence to prospective buyers, keep you up to date about any offers to purchase your house and much more.
Perhaps best of all, if you have concerns or questions during the home selling journey, a real estate agent is ready to respond to them. This enables you to gain expert home selling insights and receive the support you need to succeed.
Employ a real estate agent today, and you can begin a successful home selling journey.
The real estate market can be tough to navigate, especially if you want to obtain the best price for your house. Fortunately, we're here to help you analyze the housing sector and make informed decisions as you sell your residence.
Now, let's take a look at three tips to help you review the real estate market before you list your home.
1. Assess Housing Market Data
Learn about the prices of available houses in your city or town that are similar to your own residence. That way, you can establish a price range for your house.
Furthermore, it often is beneficial to check out the prices of recently sold residences in your area. This real estate market data will enable you to see how quickly houses are available before they sell. As such, this information may help you differentiate a buyer's market from a seller's market.
2. Conduct a House Inspection
A home inspection generally is reserved for buyers who request an inspection after a property seller accepts an offer to purchase. However, taking a proactive approach to a home inspection may go a long way toward helping you distinguish your residence from others in a competitive housing market.
During a home inspection, a property expert will examine your residence both inside and outside. This property expert then will offer an inspection report that details his or her findings. And once you have this report, you can prioritize home repairs.
Ultimately, a home inspection may help you take an objective view of your residence. After you conduct an inspection, you can complete home repairs that may help you boost your house's value as well.
3. Consult with a Real Estate Agent
If you are struggling to understand how the housing market works, there is no need to worry. In fact, you can collaborate with a real estate agent and receive housing market insights that you may struggle to obtain elsewhere.
Typically, a real estate agent will meet with you and help you map out a home selling strategy. This plan will account for the age and condition of your home, your home selling goals and the current state of the real estate market. As a result, your home selling strategy will enable you to achieve the optimal results at each stage of the home selling journey.
Let's not forget about the assistance that a real estate agent will provide as you navigate the home selling journey, either. A real estate agent will set up home showings and open house events to promote your residence to prospective buyers. Also, if you receive an offer to purchase your residence, a real estate agent will help you review this proposal and determine the best course of action.
Perform a deep analysis of the housing market before you list your residence – you'll be happy you did. By reviewing the real estate sector, you can find unique ways to ensure your house stands out to potential buyers and accelerate the home selling journey.
Whether you're selling a home or buying one, the amount of storage space a house offers can have a major impact on its perceived value. Even if you're a first-time home owner who hasn't had the chance to accumulate a lot of clothes, household supplies, and other possessions, you can be sure that's not a permanent condition -- especially if you have a growing family!
So if you're looking for a new home to settle into, storage space will become increasing important. If, on the other hand, you're preparing to sell your home, then showcasing and enhancing storage space will help increase its marketability.
Everyone Loves Big Closets
Walk-in closets are considered a highly desirable feature because they not only accommodate a large and growing wardrobe, but they offer a lot of functionality from shelves, compartments, and other storage areas. They can also be customized to suit individual needs and preferences. The fact that walk-in closets are separate from the master bedroom also creates a feeling of spaciousness and luxury. The additional space and storage features make it easier to keep clothes organized, fresher, and in better overall condition. If clothes are squeezed together in a small closet, they tend to wrinkle faster, become mustier, and are harder to find -- especially when you're running late for an appointment!
Other Valued Storage Areas
Basements, attics, backyard sheds, and two-car garages are great places to store sports equipment, tools, supplies, appliances, old furniture, toys that your kids have outgrown, and other items you're not quite sure what to do with. The big challenge is to avoid accumulating clutter and hoarding things you don't need. Finished basements and attics are especially appealing to many home buyers because they provide additional living space and are more aesthetically pleasing than unfinished areas.
Basement Problems and Remedies
One cautionary note to keep in mind when storing things in a basement is that excess moisture and humidity can wreak havoc on everything from photo albums and old books to musical instruments and framed paintings. One solution is to monitor the moisture level with a hygrometer and install a dehumidifier to extract excess moisture from the air. While other measures may need to be taken to assure a dry basement environment, these two steps should help improve conditions dramatically. If mold is present on your walls, wood structures, or cardboard boxes, then you can be sure it's not a favorable environment for storing anything of value. Most wet basement problems are correctable, but professional and sometimes expensive solutions often need to be sought.
So assuming you don't have water in your basement and bats in your belfry, then lots of storage space will make your home easier to sell and more enjoyable to live in!