Selling your home can feel like a daunting task, but it doesn’t have to be. There are many ways make sure you get the best price for your property without running into hassles and headaches. Here are 5 simple steps to take to avoid unnecessary stress during the home sales process.
1) Hire a dependable, experienced real estate agent
Choosing the right real estate agent is one of the of the most important decisions you can make when it’s time to sell your house or condo. Any agent can just take a few pictures and list your home. But a savvy, street smart agent is someone who can safely guide you through the entire process: from understanding price and the current market to preparing your home for sale and all the way to the final steps of closing.
In short, you want an agent with enough experience to anticipate and eliminate potential problems — before they occur. This is especially true in Florida where buyers and sellers are not required to involve a lawyer at any point in the process.
2) Determine what your house is worth
As a seller, you have an idea of what you would like to get for your home. That figure is often tied up in your own history, your emotions, how much you originally paid for it, or how much is left on the mortgage. And while those are important factors for you, they actually have very little to do with the property’s market value.
This is an area where an expert real estate agent is invaluable. A tool like Zillow might give you a rough ballpark, but these automated algorithms are not effective when it comes to making true comparisons about improvements, demand, and other details specific to your location. You want an agent familiar with South Florida real estate who can accurately determine a price based on comparable properties and recent sales.
3) Pack early
Selling your home is an inconvenience. The earlier in the process you recognize that fact, the less stressful it will be. One strategy to avoid aggravation is not try to do everything at once. While many sellers want to keep living in their house as if everything is normal until the house is sold, you can have a smoother process if you embrace the change and start packing.
One advantage of packing is that it allows you to declutter your home. The more space you create by removing unnecessary items, belongings, and decorations, the larger your rooms appear. That translates to a higher perceived value in the eyes of the buyers. It also allows them to see themselves living in your home instead of you. So make an effort to remove personal items (like family photos and decorations) and furniture that isn’t absolutely essential.
With your possessions out of the way, it is far it easier to for you to adress the minor repairs and sprucing up that will increase your home’s value. And that leads to the second advantage of packing now: the more you pack beforehand,, the less you will have to worry about when it comes time to move.
4) Sweat the small stuff
If you are getting ready to sell your house, it is not the best time to make capital improvements. You won’t be able to recoup the cost of renovation in the sale. However, small repairs and updating are a great way to boost your property value.
In fact, when it comes to repairs like broken outlets or torn window screens, it can actually cost you more to leave them as-is. When buyers see a small problem, they begin to wonder what else might be wrong in the house. A few of these minor issues begin to add up to create the image of a homeowner who has neglected basic maintenance and upkeep.
You’ll also want to think about having the carpets cleaned and putting a fresh, neutral color coat of paint on the walls. This will create more of a blank canvas for potential buyers. While you might love the burgundy accent wall in your den, buyers often prefer to bring their own personalities to a new space.
By addressing small issues you may have learned to live with over the years, you can reassure potential buyers that your listing is not full of expensive surprises and inconvenient repairs.
5) Consider staging
While it’s not the best option for every home or seller, proper staging can show buyers how to maximize the potential for your home. It will require planning and potentially more inconvenience for you, but having a professional temporarily furnish and decorate your home may translate to a significant bump in its perceived value.
Staging might not make sense for less expensive properties because the increased value might not offset the cost. If you’re selling a luxury home or condo, however, you should definitely consider staging. Your real estate agent should be able to help you find the perfect look to sell your property.
There is a lot to consider when selling your home, especially if you’re buying a new place at the same time. These five steps are just the beginning of the process, but they may help get you started in the right direction.
New Harbor Realty