Selling a house has never been an easy task. There is a lot of paperwork involved, and so much that one needs to know. However, sellers should follow several crucial steps when they put their house in the market. The following are seven steps to selling a house:
- Decide Whether to Buy or Sell First
Most people sell their houses to acquire bigger and better homes. It is wise to know whether to buy first before selling. Buying first lets off some pressure and gives the seller the confidence to negotiate for better prices for the house they want to sell.
Depending on the money from the sale to acquire new property might prove to be challenging. That is because the process of selling a house may drag out for a long time.
- Pick the Best Time to Sell
There are times in the year when selling a house can be challenging. Knowing the best time to put the house for sale is very vital. The earlier part of the year, mostly between March and April, is a good time for property business.
Additionally, stay alert for times when homes within a particular area are on demand. If houses in a specific region sell within a short time, that is the best time to sell a house.
- Prepare the Home for Sale
Before putting the house up for sale, do some renovations to upgrade the home. Simple repair jobs like painting and cleaning can have a significant impact on the image of the house. Hire a rubbish removal company, such as 1300 Rubbish to eliminate rubbish, renovation waste and clutter to make the house ready for sale.
In addition to rubbish removal, pull down all personal items and effects; they can repel house viewers. If possible, undo any personalised modifications to leave a space where the viewers will feel free to imagine what they would want to incorporate in the home.
- Decide How to Sell the House
There are two routes to sell a house, each with advantages and disadvantages. Using a property agent is more comfortable and straightforward, but they will charge a sale commission. Going the self-selling route may generate better returns, but it can be tedious and time-consuming.
- Set the Price
Once the house is neat and finished, it is time to advertise it to prospective buyers. People in search of houses prefer to see the prices so they can make comparisons. To come up with a reasonable price, conduct an assessment of the value of the house. Also, check the pricing for similar homes in the area. From the market research, you can set a fair price for the home.
- Advertise the House on Property Platforms
Up to 92% of buyers use the internet to search for houses on sale. Therefore, it is crucial to leverage the advantage of online marketing. Advertising online and through social media platforms increases the chances of getting buyers quickly. Additionally, high-quality photos have the potential to attract people to view and possibly buy the house.
- Prepare to Negotiate an Offer
After you prepare the house for sale, it is time to deal with negotiations from potential buyers. Prepare a short and precise sales pitch that highlights the outstanding features of the home. Remember to ask what the buyer is looking for and then customise the pitch accordingly. When a fair offer comes along, seal the deal, do the paperwork and prepare to move out.
Putting your house in the market can seem complicated. However, knowing these tips can make the selling process effortless. Prepare your house for sale and be patient, and soon you will get reasonable offers.