Selling a home is a major decision. When people put their homes up for sale, they’re making the decision to leave a familiar place and go somewhere else. For many people, even before they sell the home, there are many factors they want to think about. Very few homes are ready to put on the market immediately. Lots things have to be done to make the home right for buyers to view. Now is the time to prepare your home, contact a real estate agent and see what kind of financing is available. In short, now is the time to nail down the details before you do anything else. A properly prepared seller is a seller who can expect the selling process to be relatively fast and easy.
Preparing Your Home
Potential home buyers expect their homes to be in a certain condition. Most home buyers are looking for a home that’s clean and has lots of inviting details. They are also looking for a home that has lots of space. Most home buyers also look for homes that have been updated. A savvy seller knows there’s a few tricks that make buyers happy. For example, painting all the rooms white helps set a blank canvas and make the interior spaces look larger at the same time. Minor changes such as installing updated fixtures in the bathrooms and kitchens can also impress buyers. Now is also the time to consider other minor updates such as redoing a half bath.
Another consideration are fiscal matters. Any home seller should know about the financial details involved in selling any home. For example, home insurance quotes can demonstrate how much people can expect to pay for insurance when they buy a home of their own. A seller should also look into mortgage rates. Mortgages rates may be flux. If they are about to up, it’s a good idea to look into locking in a lower mortgage rate from a home lender before putting the house on the market. This gives the buyer a good idea of exactly how much they can afford when they search for a new home of their own. Now is the also the time to get a copy of your credit score. If your credit history is less than ideal, you might want to postpone selling your home until you can bring it up and get a lower mortgage rate.
Picking an Agent
Some home sellers choose to sell their own home. This a good choice for those who’ve sold homes before. Many others prefer to let others handle the sale for them as it can take a lot of effort to find buyers, vet them and walk them through the entire home selling process. For those who prefer the latter option, finding a great agent is a must. A great agent provides much needed useful advice about the local markets. They can offer suggestions about how to make the home more appealing to buyers. An agent can also provide the seller with advice how to get top price in a buyer’s market and how to get even more money in a seller’s market. Look for agents with a long track record of success. Keep in mind that the amount of any commission is not set in stone. The seller is free to negotiate. In a seller’s market, it makes sense to consider offering a larger commission to attract more attention from agents and more views from potential buyers.
Putting a home on the market means major life changes. A seller needs to be prepared to disrupt their lives in both small and large ways. This is why it is crucial to get the details involved in any potential home sale nailed down well in advance. A fully prepared seller is one who understands their own personal finances as well as the local housing markets.