A lot goes into making a move to somewhere new. Packing, hiring a moving company, finding a new home, and of course, selling your old one. But ultimately, moving can be an exciting adventure! Plan in advance with these smart tricks on how to sell your home.
List your home at a price that makes sense
Yes, there is always the possibility of leaving money on the table if you start out pricing your home too low. However, doing the opposite can have critical ramifications on your finances. Setting too high of a price can scare off many qualified buyers and leave your home on the market for too long.
Gather qualifications from prospective buyers
Selling your home requires a substantial amount of your time and money, so don’t shy from asking your buyers to provide documentation of mortgage pre-approval and proof of funds to cover a down payment. Don’t waste time getting into serious contract negotiations with people who are not prepared to buy.
Be honest about any problems with the home
It’s a heartbreaking scenario: you’re about to put your home on the market when you notice a leak in the roof, causing damage to your sparkling hardwood floors. Inform prospective buyers of the issue and consider repairing it yourself prior to their move, or even reducing your asking price. It is likely that any good home inspector will find out the issue as well, so the transparency will save you from awkward confrontation in the future.
Provide high-quality photos or videos
Eye-catching photos draw interest from prospective buyers, and the more you include in your listing, the better chance you will have to sell your home for a desirable price. Make sure to stage your home nicely for photos, tidying up prior to the shoot. These days, many buyers will invest in a home without even stepping foot inside. That’s why, now more than ever, it is important to include a virtual 3D tour. High-quality photography and videography will make your home stand out from the rest and take your listing to the next level.
Calculate the cost of selling your home
The fees associated with buying a home such as closing costs and moving fees are well documented. But when you are selling your home there are certain costs that you need to be aware of as well. Take into account your own moving costs such as hiring a moving company or making necessary repairs prior to your departure. If you’re hiring a realtor, make sure to budget accordingly. And don’t forget that you’ll have to pay for utilities for two properties until you sell your home. Be prepared for the costs associated with selling.
Hire a realtor to assist in selling your home
Experienced real estate agents understand your market in great detail, and can help you position your home appropriately and stand by your side throughout the process. At Parker Group, our expert agents have the knowledge you need to help you get the best price for your home, whether you’re selling or buying. Contact us today to list your home with confidence.