When it comes time to sell your house, you want to make sure that you do everything possible to get the best price in the shortest amount of time. The process of selling a house can be complicated, but with the right knowledge and guidance, it doesn’t have to be. Here are six steps that will help you sell your house quickly and for the best price possible.
Finding the Right Agent
The first step in selling your house is finding the right real estate agent. You want to find an agent who is knowledgeable about the market and who has a lot of experience selling houses. Your agent should also be an expert in your community and be able to point out nearby features and amenities.
You need a good agent because he or she will be responsible for marketing your house and helping you through the entire selling process, such as with pricing, staging, negotiating, and getting through closing. A real estate agent also helps protect you legally by aiding you in understanding the complicated contracts involved in selling residential real estate.
Pricing the House Competitively
The second step in selling your house is pricing it competitively. If you price your house too high, it will sit on the market for a long time, and buyers will start to wonder what is wrong with it. If you price it too low, you might not get as much money as you could have if you had priced it higher.
Your real estate agent should help you come up with a fair price that takes into account recent sales of similar houses in your area, as well as current market conditions. It’s important to be realistic about how much your house is worth and to price it accordingly.
Staging the Property
Your goal is to deliver the wow factor from the first time a buyer looks at a picture of your house until the moment they’re standing in front of your driveway, all the way through their last experience on their home tour. You do this by creating charming curb appeal and staging the inside of the house.
Curb appeal is all about making your house look inviting from the outside. You can do this by mowing the lawn, trimming the bushes, power-washing the exterior, replacing window and door screens, touching up paint on the porch if there is one, and planting flowers.
Staging the inside of the house means ensuring that it is clean, tidy, and free of any clutter. It also means making any repairs to the house that need to be made.
After your real estate agent has marketed your house online or in print media and you’ve staged it for showings, your agent will start getting calls from people who want to see the inside of the home. These are called “showings.” Your listing agent should help you coordinate all showings with potential buyers so that everything goes smoothly.
It’s best if you (and your pets!) aren’t home during showings. This will help buyers feel more comfortable looking around and asking questions.
Your agent isn’t who will be showing the house; the buyer’s agent is. Your agent will place a lockbox on your door that other agents can access. You’ll receive plenty of notice before they arrive, and they’ll leave a business card in plain view, so you’ll know who was there.
Offers and Negotiations
When someone makes an offer on your house, your real estate agent will help you evaluate it to see if it’s something that you might want to accept. He or she will also start negotiating with the buyer’s agent to try to get the best price possible for you.
It’s essential to remember that not all offers are equal, and money isn’t the only determining factor. Some offers are “lowball” offers, which means that the buyer is trying to pay as little money as possible for your house. Other offers might be “full price” offers, which means that the buyer is willing to pay what you’re asking for, but they might have contingencies.
Contingencies are clauses in a contract that put the deal at risk unless certain things happen. For example, the buyer may have to sell their existing house before they’re financially able to buy yours.
Your agent will help you decide whether or not to accept one of these offers based on what they are asking for and how reasonable their requests are. If negotiations don’t go well and you reject their offer, they may come up with another offer later on or simply cancel their bid completely.
The Closing Process
The closing process is when the title to your home is checked, and there’s an appraisal, inspection, and other clerical work involved in processing your transaction.
The title check ensures that there are no liens or other issues with the property that would prevent a buyer from purchasing it. The title is then transferred to the new owner after closing has been completed successfully, which means everyone signed all of their paperwork and paid any fees required by law when they were buying your home.
The inspection ensures that there are no major problems with your house before selling it to someone else. It’s important to fix anything wrong, so you don’t have problems later down the road once they’ve already moved in!