When it comes to selling your home, you want to get the best price and sell it quick. In a down economy, it is the perfect time for buyers to make purchases but that does not mean you will be able to sell. You may find that you have to reduce your price considerably. However, before you do that, follow these tips on selling your home with the things to do and the things to avoid.
Find a Real Estate Agent
One of the best things to do is to find a real estate agent. This will cut down your workload considerably. Many people think that they will gain a better price by selling privately – they don’t have to pay for the estate agent fees. However, you may be surprised to hear that you could end up worse off.
You will have to market the property, which is harder as a private seller. Large companies that most buyers will start off looking at are for multi-listing agencies only so you will not be able to sell as a private seller. You will also need to handle all the viewings – and hope you are in if a buyer turns up out of the blue – and the legal paperwork. You will soon find that the money you pay for estate agents is more than worth it.
Clean the Property from Top to Bottom
It sounds obvious but sellers miss the important things. This is not just about making sure the property is perfect for visitors. You need to make it look appealing to potential buyers. This involves raking the leaves in the lawn or shovelling snow from the driveway. It will involve avoiding any washing up being left on the draining board and making sure that the cupboards is organized and clean.
Give the Property a Makeover
As the paintwork gets old, the property looks worn down and tired. Give your home a makeover by repainting rooms and sanding and re-varnishing cupboard doors. Give the carpets a professional clean and fix hinges or loose doorknobs. This makes the property look more appealing to the people viewing.
However, avoid overspending. You don’t need to replace the carpet just because the water heater had to be replaced. You could find that a clean is perfect to brighten it up. When you are repainting, make sure you use neutral colors to remove as much personalization as possible.
Give Each Room a Purpose
Some houses have many rooms and you may never have needed so many. Too many people use extra rooms as a dumping ground for spare boxes and items that they no longer use. This type of clutter gets in the way and is off putting for buyers. Instead, give each room a purpose, even if you didn’t use it for that while living there. This helps the potential buyers picture themselves living in the home and they are more likely to buy.
Do Not Follow Your Buyers Around
When buyers come to look around your property, avoid following them around. They want to talk between each other and they can’t do this if you are just behind them. They also feel pressured into looking around quickly so will not get the best experience. If they have any questions, they will ask at the end once they have looked around. If there is something prominent about the house, such as an old fireplace or woodwork, make sure it is in the description so that the buyers know beforehand to look over it.
Take your time to make your home appealing to your buyers. This makes them more likely to spend more of their money and purchase quickly.
This guest post was written by Lisa, a real estate agent. As well as working with sellers, she offers them advice on selling homes, including waterfront condos and apartments.