When you decide to sell your house, you may be unsure of where to begin. While many sellers seek advice from friends and neighbors, here is a step-by-step checklist of what you must do to sell your home, whether you hire a Real estate agent or take the for-sale-by-owner route. Let’s get you ready to put your house on the market!
1. Clean
You’ll want to make a good first impression on potential buyers with your home. An unclean home not only detracts from buyers’ appreciation of your home’s greatest aspects, but it also gives the appearance that you have neglected major maintenance and upkeep work.
2. Inspect
Many sellers elect to pay for their own pre-inspection services. A real estate agent will examine your home’s structural components, key systems, and appliances in detail and report on any faults that might raise red flags with potential purchasers. A pre-inspection will help you prioritize any repairs that are needed and point you in the right direction for a fair sale price.
3. Repair and touch up
Even if you don’t have any major repairs to perform, going through your house and finishing any minor repairs you’ve been putting off is a smart idea. Repainting, fixing holes, and replacing trim all have the potential to make a big difference.
4. Appraise
You may also choose to get an appraisal of your home. A big part of the process of selling a house is deciding on a list price, and having an objective, professional opinion on the value of your home can be helpful.
5. Stage
You may stage your house in two ways. To begin, just tidy, remove personal items such as family photographs and rearrange furniture to accentuate your home’s greatest features. Alternatively, you may engage a professional stager. In any case, the idea is to assist potential buyers in visualizing themselves living in the property.
6. Price
When you deal with an agent to sell your home, you can rely on their experience to help you choose an accurate list price. They’ll start by supplying you with a market comparison (also known as a “comp”). They’ll be able to focus on the fair market value because they’re not emotionally attached to your house.
A comparative market analysis, or CMA, is a report that your real estate agent prepares for you that contains a list of recent sales in your region. It focuses on properties that are comparable to yours and provides information such as home features, days on the market, and ultimate sale price. A competent CMA can assist you in determining the appropriate price for your own house.
7. Market
When selling with an agent, professional photography is always recommended (and most agencies have a photographer they constantly deal with, generally at a discounted charge). Once the photos are complete, your agent should go all out to promote your listing online, on social media, through word of mouth, and in the neighborhood.
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