Selling My House 101: What You Need to Know

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Insights Team Relocation January 18, 2022

So you’re thinking, “it’s the right time for selling my house” and want to know what’s next, and probably wondering “how do I get the most for my home?”

The housing market is doing well at the moment, and although mortgage rates are starting to rise, they’re still low. This is convincing many homeowners that it’s the ideal time to sell their house or flat/apartment. Of course, when it comes to selling a home, many homeowners make countless mistakes that keep their house or flat/apartment on the market longer than they anticipated. If you’re looking to sell your home, it’s best to do some research and preparation before you put it up for sale.

To help you get your home listing-ready, LeviEmir shares some basic advice you need to know when you’re thinking “how do I go about selling my house and getting the best price for it?”.

Hire a Real Estate Agent

While it is certainly possible to sell a home on your own without an agent, hiring a real estate pro is very beneficial. Agents have strong negotiation skills and understand the local market along with everything that goes into selling a home. They can also save you time and hassle in certain cases. Real estate agents also understand that the first impression of your home is often the only impression a buyer will ever have, so it’s important to get it right the first time.

Know the Market

As they always say, it’s all about location, location, location. When it comes to selling a home, it’s important to look at the local listings in your area to understand a couple of key factors. First, you should get an idea of the average listing prices for homes in your area, then get a rough estimate of what your home might be worth. This helps you price your home appropriately.

Second, find out the average number of days most homes stay on the market before selling in your area. This varies greatly from neighborhood to neighborhood. While houses might only stay on the market for a matter of days in one neighborhood, they might stay on the market for years in another. It’s best to know this type of information before you start the process of selling your home so you can plan (and budget) accordingly.

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Make Some Improvements

Home improvement projects can be a great way to increase the sale price of your home. You may love that bright green wallpaper, but potential buyers may want a neutral paint color instead. That DIY backsplash you saw on Pinterest may be a bit more difficult to complete in real life than what you originally bargained for. Before you waste time and money on a project that you either can’t complete on your own or worse, that actually could reduce the value of your home, it’s important to do some research.

Home improvement projects such as a kitchen or bath remodel, painting the interior, deep cleaning and decluttering, and properly staging the furniture in your home are more likely than others to increase your sale price. When considering home improvements, you want to work with an experienced general contractor to ensure quality workmanship and outstanding results.

You can also add curb appeal outside your home by keeping things properly edged and mowed and using fresh pine straw like the professionals. You could also add patio lighting or flower planters to make your exterior look more inviting. It may be worthwhile to connect with landscape design services for expert advice on how to make your lawn and garden stand out.

Even though you’re using a real estate agent, or you only use their valuation service to get an idea of what price you should sell at, modern online free classified sites like Zealified in the UK, allow you to advertise your house “For Sale by Owner” to attract those parties that prefer to deal with the owner and not agents.

These are the top three things that can help homeowners sell a home. Of course, there is much more that goes into selling a home. Each home is different, and you’ll want to take into consideration your unique home, your neighborhood, any odd odors or other issues the home might have, whether you have pets, and so much more. However, by following the advice listed above, you’ll be off to a good start and hopefully on your way to selling your home in time.

Written for LeviEmir:Digital by Alyssa Strickland of millennial-parents.com.