Top 10 Things You Must Keep In Mind When Selling Your Home

Planning to sell your house? Here are a few things you must keep in mind when selling your home:

1.) Power of the Internet – As a seller, you need to be where your clients are. Research shows that more than 95% of people search for homes online. Invest in advertising, take professional and alluring photographs of your house and advertise it on every possible site that is dedicated to selling stuff. You can also place an ad under the Classified Ads Section.

2.) Know the Right Value of your House – Even though your home might be a priceless asset for you, it needs to have a price tag if you want to sell it. Get home appraisal and market analysis done to find out the approximate value of your house and then calculate a realistic selling price. Both overpricing and under pricing can make it difficult for you sell your house.

3.) Real Estate agents – While there is divided opinion regarding hiring a real estate agent or privately selling a house, it is advisable that first time home sellers take the help of an agent. A real estate agent can help you with various legalities, finding the right buyers, advertising and fixing loopholes. In fact, an experienced real estate agent can devise a complete marketing plan and ensure that you get the best value for your house.

4.) Presentation is important – A makeover for your house does not need to be a costly affair. Painting, landscaping, new light switch covers, touching up the wooden flooring, polishing the tiles etc are a few things that can instantly improve the appearance of your house, without making a hole in your pocket. Your real estate agent can also suggest cost-effective ways to enhance your house’s appeal.

5.) Pay attention to the Exteriors – One common mistake most sellers make is they focus only on the interiors of their house and ignore the outer view. However the landscape, the exterior appearance of your house etc are a few things that create the first impression and can spell the difference between success and failure. Paint or wash the outer walls of the house, keep the grass trimmed, clear the clutter and check the chimney and sewers.

6.) Depersonalize – Sure it is your home but now you want to sell it, thus it is important that you allow potential buyers to visualize it as theirs. Clear the walls, corners and cupboards and keep them basic. All family photos, funny posters, bright decorative stuff or personal collections should be removed, so the buyers can have a good look at the’ house’ and not your customized home.

7.) Safeguard your privacy – Once you have put up your house ‘For Sale’, be prepared to handle a lot of visitors. While most of them would be seriously looking to buy a house, a few can be frauds just posing as buyers. Thus it is important to remain alert and take preventive measures beforehand. Remove all expensive stuff that might be kept outside, lock drawers that contain personal papers, mails containing sensitive information should also be kept away from visitors’ reach.

8.) Be Honest – If there are any issues or problems with the house, let your buyers know beforehand. Trying to hide problems will not help you much as most buyers will get a thorough check and home inspection done. Lying or misleading the buyers can land you in trouble and they can even file a lawsuit against you. Honesty is really the best policy when it comes to selling your home!

9.) Get Home Inspection Done – Having your home inspected by a professional will make you aware about the various issues or problems that otherwise would remain hidden. This allows you to get necessary repairs done before a third person comes and points it out. Home inspection also helps you in pricing your home realistically. Ensure that you provide the buyers with a copy of the inspection report along with receipts of the repairs that you got done.

10.) Leave them Alone – Give your buyers some private space to converse and discuss when they come to see your house. Your presence can limit their conversation and make them feel uncomfortable, thus it is best to leave them alone for some time after showing the house. Keep your children and pets also away when potential buyers come to see your house.

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