A Step-By-Step Guide to Selling Your Home

Moving from one home to another can be a momentous occasion that is riddled with stress. However, there are ways of simplifying this. It’s 2022 and we have figured out a lot about the best practices for selling your home.

Preparations

Secure an agent to help you immediately. This process is a lot of work and you and your partner, if applicable, do not have to suffer your way through your sale. Contact a realtor that knows the area around your home and has worked for others in your community. 

It would be beneficial as well to do a bit of research on your own before piling the workload onto your realtor. You should do what you can to price out your home by using a seller’s closing costs calculator. It’s important to remember that you ultimately decide what to sell your house at, but clearly, you want to sell it at a price you can get it sold at.

Your realtor should assist you but checking the selling prices of the homes recently sold in your area. They will make sure that they are getting the scoop on homes as similar to yours as possible. This will give you an idea of the ballpark range for the sales price. Additionally, you may want to have an overall plan for the process and timeline.

Improve

Your realtor will explain to you that curb appeal is important. You’ll want to make necessary improvements to the exterior of your home as much as the interior. A fresh coat of paint and landscaping can elevate your home.

If there are some home improvement projects you have completed for your home, this could raise the value. However, right before you sell may not be the best time to dive into a new home improvement project. 

Certain improvements can generate a good return, such as remodeling a bathroom. You can invest $5,000 into updating your bathroom or adding a half bathroom as well. Bedrooms and bathrooms are the most appealing part of a home. That is something that can sway a buyer to purchase your home over another.

List

Your realtor will help you clean and stage your home for professional photos. You should hire someone to take pictures of your home in a flattering way. There most certainly is a dos and don’ts list on real estate photography. It is worth the investment to make sure potential buyers can see photos well online.

You should list as soon as you can, this will get you out into the game. You’ll soon be excited to host tours with the help of your realtor. It is not recommended on being too present with showings as the homeowner. This can make potential buyers timider, limiting your chances of a sale. Let someone else show for you and be there at the beginning or end for final questions or thoughts.

Make sure to take care of your online presence. You want to make sure that nothing is misread, that you’re listing a fair asking price and that you’re engaging and answering inquiries. You may want to go the extra mile and set up a feature for virtual tours. 

Once you have made your negotiations and are settled with the new buyer, you will want to be prepared for closing costs, any taxes, inspections, and meetings. There is paperwork that will need to be gathered and you may want to consult with a real estate lawyer.

Once you have completed everything, you will now be able to release escrow and move on to your next big home adventure.