Selling your home is an exciting major step — but it can be quite stressful if you don’t know what you’re doing.
Here are some crucial tips to keep in mind whenever you’re planning to list your home on the real estate market or even thinking about selling in the future:
Stay as organized as possible
Every step of the way, you’re going to need to stay as organized as you possibly can. There is going to be a lot of paperwork. A lot. And that’s okay. Start by purchasing a few specific folders or binders that you’ll be able to use to store financial documents, buyer information, legal paperwork, and any other important piece of paper that you’ll need.
According to the Gartner Group, 15% of all paper documents are misplaced and 7.5% are lost completely. Similarly, many of these documents can be digitized so it’s just as important to make sure your digital files are just as organized.
Consider making some major upgrades
Making certain kinds of household or landscaping upgrades will not only improve the look and feel of your home, but it will significantly increase its resale value, as well. There are all kinds of upgrades that you can make in a short period of time that will cost a lot right away, but you’ll see a major return once your home is sold.
PRO TIP: consider upgrading to solar energy. Solar energy is very popular among current homebuyers and can provide power 24 hours a day, seven days a week.
Keep everything clean
From the moment a potential buyer steps into your home, they will be imagining themselves and their families actually living in this space. If your home is filled with clutter or just plain dirty, it’s going to give off negative vibes and you might lose many, if not all, of your potential buyers.
Don’t let this happen to you. Instead, as soon as you decide to list your home, get serious about deep cleaning your home. And that means cleaning everyting.
Hire experienced real estate professionals
Unless you have worked for a real estate organization the last few years or, weirdly, have studied real estate trends for decades, you will probably be in uncharted waters from the moment you decide to list your home. And that’s okay. There are dozens of professionals in your area at any given time who would love to help you out with all that complicated paperwork, all that financial moving you’ll have to do, and al the funky legal jargon that you’ll need to keep in mind. Selling a home can be an overwhelming process if you attempt to do it all yourself. Don’t even bother stressing yourself out that much. Instead, hire a few competent, hardworking, and experienced real estate professionals. It will be well worth it!
Consider finding a real estate agent who isn’t just familiar with market trends, but knows how to properly advertise their business, as well. Roughly 13% to 20% of the population moves each year, which means that companies have 13% to 20% new customers to attract each year via signage.
Don’t settle for anything too low
Times are certainly tough right now for everybody. But that doesn’t mean you should settle for anything less than what your home is actually worth. Even in difficult real estate markets, people are usually much more willing to spend more money on a home than sellers are willing to eat a few extra thousand dollars.
You need to determine exactly what your property is worth and then set a number that you will not go below — no matter what. Again, real estate professionals can help you assess your home correctly, and then you can start listening to offers. But only seriously consider ones that will help you and your family become financially secure in the near future. It’s a much better idea to wait it out until you can earn some money than to sell for anything less than what your home is actually worth.
Things are very strange right now — for everybody. But that doesn’t mean you can’t successfully list and sell your home. Once you move on from this major life step, you and your family will be ready for many more exciting things in the future. Good luck and enjoy your next big step!