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Home Business 5 Steps to Selling Your Home

5 Steps to Selling Your Home

Helping prospective buyers imagine what it would be like to live in your home makes it easier to make the sale.

Are you ready to sell your home? Do you need some guidance with getting the process underway? Selling a home is a serious decision requiring sufficient pondering and significant preparation. After determining that your local market is right for selling your home, there are a series of things you will need to do to prepare. The following guide reveals the steps required to sell your home successfully. 

  1. Make Final Repairs

There are typically small issues that need tending to in homes before being put up for sale. These repairs may be things like leaky faucets, holes in walls, light fixtures that don’t work, and any other issues that will draw negative attention from a prospective buyer. 

To get a clear indication of the things you will need to repair, take a walk throughout your entire home, and take a room-by-room accounting of any abnormalities that you see that you want to give some attention to.

It is common for buyers to hire inspectors to come to the property to see if there are things that should be done prior to purchase. If problems are found during the inspection, the sale could be delayed until problems are resolved.

  1. Thorough Cleaning

Before your house is sold, you will need to give your house a deep cleaning. This means that you have to go far beyond the run-of-the-mill cleaning you regularly perform in your home. You don’t want potential buyers to get the signal that you do not take care of your home, and this could lead to assumptions about other possible problems that could be hiding in the home.

Your siding and driveway should be power washed and free from dirt; windows should be washed; tile grout should be cleaned; carpets steamed, and any other minor details must also be handled.

  1. Assess Property Value

There is one question that you must ask yourself before selling your home; “How much is my house worth?” You need to understand the state of your local market. Rather than have a complete appraisal done before listing your property, you can assess the fair market value by consulting with a real estate agent.

Real estate agents can conduct a Comparative Market Analysis (CMA). This analysis uses recently-sold homes that are comparable to your home in bedroom and bathroom count and square footage and uses their sale prices to determine your property value.

  1. Stage Your Home

Helping prospective buyers imagine what it would be like to live in your home makes it easier to make the sale. Rather than having the home reflect your taste, stage your home’s layout to appeal to a universal sphere of prospects.

Architecture, Family House, Front Yard, Garage, Home
Selling a home is a serious decision requiring sufficient pondering and significant preparation. Pixabay

  1. List the Property

The realtor that conducted your CMA will be more than happy to list your property on the market. The commission for realtors is 6 percent of the sale price. They will take pictures and place your home into the Multiple Listing Service (MLS) for sale.

ALSO READ: Due To Outbreak of Coronavirus, China May Decline 20% in Sales of Smartphones Globally in Q1

Conclusion

Now that you have the outline of the things you will need to do to sell your home, it is time to get to work. Selling a home is a process, not an event. Homes aren’t sold overnight, and it may take weeks and even months before your home is sold. 

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