Owning a house provides one with a sense of security and stability.
However, families can outgrow homes, and moving on becomes inevitable, and selling a house is no easy feat.
Whether you want to move to a better neighborhood or simply need a change, you’ll find the house selling process time-consuming, stressful, and emotionally challenging.
You’re likely to make mistakes, especially if you’re inexperienced in this area.
One way to avoid this and ensure a smooth, stress-free process is to consult a real estate and investment firm, as they can provide you with all the assistance you might need.
Whether you’re wondering how to sell my house in Kansas City or are a part of the Orlando real estate market,
we’ll take you through some general tips that can help you in the selling process.
Contents
1. Hiring a Real Estate Agent
The initial step is hiring an agent who knows the market and excels in the profession.
These days, it’s easier to make the right decision as the internet provides a detailed description of an agent’s sales history, customer satisfaction, and professional designations.
Simply head over to your browser and search for suitable local real estate agents. You can also go FSBO (for sale by owner), saving you all the money you’d otherwise pay the real estate agent.
However, professional agents earn their fee in the true sense as they bring their expertise and efforts into getting you the best deal possible.
2. Set a Fitting Price
Setting a reasonable price for your house can be tricky.
You don’t want to list it way below average or so high that buyers don’t even consider your home when searching.
You need to set a price that suits you financially but is competitive enough that it entices your customer.
For that, you will have to stay up to date with the local market trends and the state of your property as the market stakes continuously fluctuate.
You can simply carry out a comparative market analysis (CMA), which estimates a property’s price based on the recently sold properties in the same locality.
3. Suitable Timing
One aspect most home sellers tend to neglect is calculating the best time to sell their house.
Every area and every state has certain months in which the property is of high value or sold in a short time.
However, if you’re looking to make a quick sale, the best month is perhaps June.
On average, it takes about three months to close the deal, so you should list your house three months before the supposed best month.
4. Find Out the Selling Features
Like any business deal or contract, selling a house depends on good marketing skills.
You must know the best-selling features of your home and what the buyers need.
For instance, many buyers prefer built-in storage and a well-maintained lawn.
Some buyers are looking for separate laundry rooms or a paved patio. It’s up to you to assess your home’s hot buttons and highlight them in your listing and during the inspection to catch the buyer’s interest immediately.
5. Prepare for Inspection
Generally, almost all buyers request a thorough home inspection when they place their offer.
For this purpose, the buyers hire a professional home inspector to assess your home’s structure, systems, plumbing, appliances, and overall maintenance.
You must prepare your home well before the inspection so that the examination does not find any deal breakers.
The preparations include cleaning your home, checking all the lights and HVAC systems, ensuring easy access to every nook and corner of your home, and providing your maintenance, renovation, and repair documents.
6. Closing Process
From the time of the deal’s offer until the day it’s completely closed, the seller and the buyer are in constant negotiation regarding prices, contract technicalities, and house repairs.
Being a seller, it’s your utmost responsibility to finish the repairs as promised in the contract before the closing day.
On the closing day, you must stay diligent and closely collaborate with your agent to ensure that all the monetary and legal transactions are made smoothly.
As soon as you transfer the house’s registry to the buyer and receive all the money, the closing process is finished. You have then successfully sold your beloved home.
Endnote
Selling a house is daunting as it can take weeks, months, and even a year to conclude.
Another added challenge is the emotional connection you’ll have to your home, which makes it harder to open it to strangers and listen to them criticize the aspects you personally love.
However, there are ways to make this process as smooth and accommodating as possible.
Keep the factors we mentioned in your mind, and you should be able to sell your house easily.
