Posted by Glen Lazovick (NMLS ID #721448) and Alex Conway ● June 28, 2016
5 Critical Steps to Ensure a Smooth Home Sale
Spring is merely days away, and perhaps you've decided that it's the right time to put your house up for sale. With so many things to consider, determing where to start can be a challenge! With that in mind, I've pulled together a list of things to consider before you list your home. Understanding these steps now can give you the knowledge you need to successfully selly our house quickly and at the price you want.
1. Consult with a Mortgage Strategist at Apex
This professional can review the affordability, appreciation rate, and job market in your area. This will help you determine whether it's a strong buyer's market, or if you're in a good position to sell. Here are a few other things they can assist you with:
- Giving you an idea of the process to purchase your next home and what your options are.
- Helping you get pre-approved to increase your negotiating power.
2. Clean and Declutter Thoroughly
Making a list of what needs to be repaired, updated or replaced is a good place to start. Remember you only get one chance to make a first impression! Here are some areas of the home that you can focus on:
- Clean all light fixtures and make sure the bulbs are clean and working. A well-lit house will lend a good first impression.
- Go through your closets and rooms that you throw things into and get rid of clothes and other belongings that you don't see yourself using within the next year.
- Clean out the garage and basement.
- Consider renting a storage locker to put items that you don't use oftern but might want to take with you to your next home.
- Remove any personal decorations. This will create a neutral environment and will make the buyer feel like they can emotionally attach to the house.
- Remove any evidence of pets or kids. Some home buyers do not have kids or do not like animals; this will allow you to reach more potential home buyers.
3. Re-paint and spruce up the home's interior/exterior
These small tasks can add up to a monumental impact on house-hunters:
- On the outside of your home, replace shrubs that didn't last the winter, add flowers to brighten the house, and put down fresh mulch,
- Power-wash siding, driveways, walkways, and decks. Re-stain deck if needed.
- Repaint rooms, repair and paint trim if needed.
- Have the HVAC system serviced and cleaned.
- If you're downsizing, donate excess furniture and clothing to a charity. It will make you feel good helping others and also get you a tax write-off.
- Download our First-Time Seller's Checklist for a complete overview of getting your home in prime position for the market.
4. Visit listed homes similar to yours.
How do they compare to your house? Do they have more amenities? You might notice things that you have overlooked in your own home. Take note of the following:
- What is their asking price?
- What have they done in their staging that you haven't? Gather some ideas on how you can better your home to make it sell faster.
5. Interview 2-3 Real Estate Agents
Start by getting a referral from your local mortgage banker. Your mortgage professional will know the top Realtors in your area. Once you arrange interviews, do the following:
- Ask for references from clients that they have worked with in the past.
- Ask for a detailed listing plan including a Competitve Market Analysis (CMA). All agents should suggest a similar listing price. If not, ask them to explain why they have chosen that suggested price. They may give you an inflated listing price to gain the listing, then ask you to lower it in a week or two.
What's Next?
You will be in a great position to sell your home with these five easy steps. I'm always available to help you throughout the process in any way I can. If you're ready to begin the home buying process, request a copy of our homebuyers guide or apply online. If your still weighing your options, get in touch with me for a referral to some of the top Realtors® in your area.
Topics: Listing Your Home, Buying a Home, Homeownership, Steps to Staging Home For sale, Home selling process, Selling home