So, you're ready to move on from your home and rake in all of that equity. It's a wonderful idea, but how do you actually do it?
The process of selling your home isn't too complex, but it's one that requires a little thought and planning. There are also a number of steps to consider. We're going to take a look at those steps today, giving you some insight into how you can sell your home.
Hopefully, the information below will make things easier for you when it comes time to sell. Let's get started.
Selling Your Home: Where to Begin
The first piece of the puzzle is to figure out when you're going to sell. Different markets have optimal seasons, and waiting a few months to sell might boost your sale price significantly.
On a larger scale, look to see whether you're in a buyer's or seller's market. The economy ebbs and flows, and there are certain periods of time that produce much better results for sellers. If you're eager to move, you're going to follow through either way.
That said, waiting things out in exchange for a big payout isn't ever a bad idea.
Find a Realtor
The home-selling process gets a lot easier when you work with a professional. It is possible to sell your house without any representation, but it's a lot more tedious, time-consuming, and often expensive.
In fact, many people that start selling their home alone resort to finding a real estate agent at some point throughout the process. The agent has insights into pricing, listing your home, and creating enough buzz to produce interested buyers.
Real estate agents help with finding appraisers, researching the market, and pricing your home competitively as well.
Stage and Show Your Home
Once you're established on pricing and representation, it's time to start making the home presentable. Hire a professional stager to create a "buyable" environment.
We all like to think we've got the best interior design sense, but staging professionals know how to decorate for the current market. Once your home is looking great, your real estate agent can start to facilitate showings, open houses, and other engagements that let people see your home.
Close on An Offer
When someone makes a reasonable offer on your home, it's time to follow through and close the deal. This is the time to ensure that all of the financings are in order, your real estate agent has dealt with all the fine points of the agreements and that you're comfortable with the offer.
The buyer might try to negotiate a little bit in this step as well. After this stage gets worked out, though, you've sold your home. Voila!
The process isn't too intimidating when you've got the help of a professional on your side.
Need Some Homeowner Help?
Selling your home for the first time might still seem a little daunting. Getting more information is the best way to break down any myths you've learned about the home-selling process.
We're here to help you with whatever you need. Contact us to learn more about realtor services, their benefits, and how we can help you sell or buy a home.