Can’t decide whether to sell your house yourself or with an agent? Looking for advice from an experienced real estate agent on what’s required to sell your home? Look no further, Perfect Palace offers different selling services to meet your needs. Here is what you need to consider to start:
Meet with a mortgage broker and find out how much you can afford to pay for a home.
Know Your Property
If you are not already, become familiar with such facts about your property as property taxes, zoning, lot size, square footage, etc. Look at the terms of your existing loan.
Know Your Market and Property Laws
How much are properties similar to yours selling for? What are the terms of the sales? What property disclosure laws do you need to take into consideration?
Choose Your Price
Once you know the specifics about your home and have checked out what similar properties in your area are selling for, set a realistic price.
Research Financing Options
Contact lenders in your area to determine what the options are for your prospective buyer. You want to be informed before they ask, or your lack of knowledge may turn them off.
Perform a “Walk-through” of Your Property
Look at it from the perspective of both the prospective buyer and the inspector. Take notes on all items that need to be repaired or replaced. Things to consider include:
- Does it need a new coat of paint (either because the old paint is obviously cracked or faded, or because of an uncommon choice in color that might turn off prospective buyers)?
- If a house with a yard, is the lawn and landscaping attractive and well-kept?
- If it is a condo, you can’t do much about the building, but is the front door (and balcony, if there is one) appealing?
- Are the windows and doors attractive and in good condition?
- Are the roof (and the gutters) in good condition?
- Is the grass nicely cut, are the hedges trimmed, are the leaves swept up? Are all toys put away such as bikes, scooters, etc.?
- Are the interior paints and finishes in good condition or do they need to be updated up? This is a very inexpensive investment with a potentially huge return since it could possibly make or break a sale by having your home look well-kept and inviting.
- Are the appliances in good working order and aesthetically pleasing and matching?
- Are the plumbing and electrical systems in good condition and fully functional?
- Are the carpets or other floor coverings clean and in good condition? Like the paint, are they attractive and well-kept? Floor coverings are worth paying for so that your home makes a good impression.
- Are the sealants (sink, shower, tub, windows) in good condition?
- Are all light fixtures working properly, and is there good lighting in each room so that prospective buyers won’t think you’re hiding something?
Know your neighborhood.
Most prospective buyers will want to know about the local schools, shopping, parks, transportation, etc. Be prepared so you can knowledgeably answer their questions.
Most agents have their own website, which includes their clients’ listings as well as the entire MLS search. If you work with an agent, your property will most likely be placed on their web site and on the full MLS search as part of the services they will offer you.
This is just the start to prepare for selling your home. There are so many details that go into successfully selling a home. Perfect Palace Realty can help you with all of the above and help with a home evaluation and will take care of the negotiation and closing as well!
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