Looking to sell your home in New Jersey? Whether you’re up for a move or need to downsize, selling your home is a big decision.
And you’ll be happy to know that now is the best time to be selling your house.
According to the recent statistics by Redfin, house prices rose up to 10.3% in June and will continue to increase further.
Obviously, profitable market conditions don’t mean your house might immediately sell.
You will definitely struggle if you don’t price your property realistically, don’t market it properly and don’t negotiate its price assertively.
Our 7 -step guide will smoothly walk you through the entire process. Read on to learn the steps to successfully sell your house in the Garden State.
Contents
1. Find a Real Estate Agent
When you’re looking to sell your home, you’ll need to find a good real estate agent.
A great way to start your search is by asking friends and family if they have any recommendations.
Once you have some names, do some research online to see what other people are saying about them.
You should also consider the agent’s experience in the market where you’re looking and their track record of helping clients buy or sell homes successfully.
When you’ve narrowed it down to a few agents, set up appointments so that you can meet with each one and ask questions.
In the end, choosing the right real estate agent will make finding your dream home much easier.
You’ll be surprised to know that sellers who sell their houses through real estate agents profit 35% more on average than those without a real estate agent, according to Zillow.
2. Determine the Market Value of Your House
While determining the value of your house in NJ, there are a few things you’ll want to take into account.
Some factors that may affect the price include its size, location, and condition.
You can get an estimate of what your home is worth by contacting a real estate agent or using online tools like Zillow’s Instant Estimate tool.
Keep in mind that these estimates are just that – estimates – and it’s important to consult with a professional if you’re thinking about selling your home in NJ in order to get a more accurate idea of what it might sell for on the open market.
3. Prepare Your House for Sale
There are a few things you can do to help prepare your house for sale.
First, declutter and depersonalize the space by removing excess furniture and personal belongings.
You want potential buyers to be able to picture themselves living in the home, and too much clutter can make that difficult.
Next, clean and tidy up all surfaces – from floors to walls to countertops. Make sure everything is dusted and wiped down; nothing turns off a buyer more than seeing evidence of a previous owner’s poor cleaning habits!
Finally, consider making some small repairs or updates before putting your house on the market.
A fresh coat of paint or some new hardware on cabinets can go a long way in giving your home an updated look that potential buyers will love.
4. List Your House for Sale
When listing your house for sale, it is important to remember that you are not just selling a physical space, but also an experience.
To make sure that your home stands out from the rest and sells as quickly as possible, consider following these simple tips:
It is important to price your home correctly from the beginning, as this will help attract buyers and get your home sold quickly.
Once you have determined the asking price, be prepared to negotiate offers accordingly – aim for something around 10% below your desired amount so there’s room for discussion while still leaving some profit on the table.
You should also make sure that your home is staged or decorated appropriately, so that potential buyers can visualize themselves living there.
Finally, it is essential to have good photography of your property, as this will be one of the main factors that people use when deciding whether or not to visit a home in person.
5. Market Your House
It’s important to consider your target audience and tailor your advertising accordingly while marketing your house.
In general, you’ll want to use online resources such as real estate websites and classified ads, as well as traditional print media like newspapers and magazines. You may also want to distribute flyers or brochures in the local area.
Whatever approach you take, be sure to list all of the features that make your property special and highlight its potential benefits for buyers.
6. Negotiate the Price
To successfully sell your property, It’s important to remain flexible during negotiations.
Second, make sure you know the listing price of your home. You can find this information by checking the MLS or by asking your agent.
Third, be prepared to offer a lower price than the listing price. If you don’t then it will be difficult for you to negotiate and get what you want in terms of price.
Fourth, be ready to walk away from negotiations if they are not going in your favor.
This is an important point because if there is no compromise then both parties may end up with something they don’t want and feel unhappy with their decision.
Lastly, know that there are other buyers out there and that competition can bring down prices if one party starts to lose
7. Close on the House
If the deal is finalized you need to be aware that as a seller in NJ, you will typically sign a sales contract with the buyer.
This contract will outline the terms of the sale and must be approved by both parties before it is finalized.
Once the contracts are signed, you and the buyer will complete inspections of your home to ensure that it meets all state and local requirements for sold homes.
After this process has been completed, you’ll work with your real estate agent to finalize closing on your house.
Conclusion
To sell my house New Jersey might seem stressful and time-consuming at first.
But it doesn’t have to be as long as you follow the steps outlined in this guide.
If you are ready to put your house up for sale, know that you can effectively do this by hiring the right realtor, marketing it properly — and lastly, taking care of the paperwork.
Hopefully, this guide helps you out and streamlines the entire process and saves your time along the way.
