Selling your home can be an arduous journey, and it can be difficult if you’ve never been through it before. It’s important to break the process down into simple steps, and follow the recipe to real estate success, from start to finish.
Step One: Remove clutter and personalization:
Having personal items in your home can feel distracting to potential buyers and can jeopardize a potential deal. Starting the process by decluttering any personal items and creating neutral space in the showing area is the first step to creating a presentable real estate product. Remember, you’re selling the house, not your things.
Step Two: Cleaning
Once you’ve created neutral space, the next step is to make sure it’s clean and presentable. Make sure to scrub the house from top to bottom, inside and out to make it as marketable as possible before moving on to the next step. Don’t be afraid to call in professional services such as carpet cleaners or pest control for those things that need the extra touch.
Step 3: Home Inspection
After getting the house nice and tidy, it’s time to call in the home inspector. A pre–listing inspection can find issues that could turn buyers off, and have the opportunity to fix them before the house hits the open market. He inspection can help you discover your blind spots, make last minute repairs, and even set your desired price.
Step 4: Repairs and Renovations
With the inspection done, it’s time to address any issues that have come to light. Fixing any minor damage or leaks and cosmetic details like paint and finish are the most common, and can help your home reach your target price.
Step 5: Pricing and Marketing
There are many things that can contribute to the price of your house. Your location, recent
events, and even your neighbours can play a factor. This makes it hard to estimate a price for you humble habitat. Bringing in a real estate agent is a good step to get a fair appraisal for your home, and figure out a strategy to bring buyers to your home
Step 6: Accommodating Showings
Once you have set a price, it’s time to show off your home to interested buyers. It’s crucial to be flexible when it comes to show times, as working people will often only have evenings and weekends free, and have a virtual tour prepared in case they’re unable to visit on site. Regular upkeep of your home is a must, and trust the agent to guide the tours, as interactions between buyer and seller can get awkward quickly. To maximize interest, hosting an open house may be the best way to get new sets of eyes on your home.
Step 7: Feedback
After a showing, prospective buyers will understandably have questions. It’s important to take in feedback with an open mind, and give detailed, respectful answers, as well as knowing the house’s history and any advantages to the neighbourhood. Getting a buyer’s thoughts on renovations, price and amenities will help you find the best strategy to get a deal done.
Step 8: Offers
If all goes well with your feedback, you’ll likely begin receiving offers. An offer is more than just coming to a price, it involves a move in date, a deposit, and form of payment . It’s important to work with your real estate agent, consider the offers carefully and negotiate to find the deal that works best for yourself, and the buyer. Don’t be afraid to counter or reject an offer that doesn’t meet your needs.
Step 9: Closing Process and Celebration Time.
Once you have accepted an offer, it’s time to close the deal. Call in your real estate agent to have the papers drawn up, meet with the client and come to terms on a deal. Once that transaction is done, it’s time to pop the champagne and celebrate a job well done!