Many home-sellers would love to have a stress-free house sale. They can list their house quickly, find a qualified buyer and then hand over the keys. Imagine if it was that easy! The reality is that selling a home involves many moving parts, some of which you can control, some beyond your control.
The location of your home could affect how long it stays on the market. You’re more likely to sell quicker and for a higher price if there are lots of buyers competing against each other. However, homeowners in areas with fewer buyers will need to put more effort to sell their homes.
The coronavirus pandemic has seen unprecedented growth in the housing sector. This has led to a rise in the number of prospective buyers, bidding wars and record house prices. As mortgage rates rise and prices stabilize, the market will settle.
As a seller, it is essential to plan and manage the factors that can impact your bottom line. It’s possible to achieve a quick house sale by having an excellent real estate agent. Also, you can maximize the online appeal of your home.
Here are 3 tips on selling your home:
1. Hire an agent who is familiar with the local market
You can easily access estate agents’ sales records and professional designations online, which will help you choose the company to do business with. Check out agents’ online profiles to determine how long they have been in this industry, how many properties like yours they have sold recently, and the professional bodies they are members of. Be sure to pay attention to how and where they will list your property and whether they use professional photos.
But, an experienced agent will do much to earn their fees. An experienced agent can help you get the best possible offers by exposing your home to the broadest audience. If you do it all yourself, you will have to handle everything from marketing your home, preparing it for sale, reviewing buyer offers, and closing the deal.
2. Establish a timeline to sell your house
Selling a house takes a significant undertaking. It can take between two and four months to complete. Depending on market conditions, it may take even longer.
Start looking for the best real estate agents once you’ve decided to sell your house.
A pre-sale home inspection should be done at least two or three months before you intend to list. You will be able to see any potential issues, including structural or mechanical problems that could hinder a sale. Give yourself enough time to plan for any repairs.
A month before you plan to list your house, begin staging and deep cleaning to prepare for taking photos.
Here are some things to do before you list your house:
- Interview and research real estate agents
- Decluttering and perhaps moving out excess items to storage units
- You can also request an optional home inspection to find any problems
- Make sure to schedule repairs, if necessary
- Deep cleaning
- Get professional photos
3. Get a pre-sale home inspection
Although a pre-sale home inspection can be optional, it is an intelligent upfront investment. Before you list your home for purchase, a detailed inspection report can help to identify any structural or mechanical issues. While it might cost you a few hundred pounds, this report will help you identify potential problems that buyers may not know when they inspect the home later.
Sellers may be able to sell their houses faster if they are a step ahead. This is possible by performing repairs and other home preparation work. The house should be ready to go by the time it goes on the market.