Putting your home on the market? It is easier than you think. All you need is a great agent and the following direction:
1. Draw A Calendar
Create a realistic timeframe. You will have to block off your schedule and perhaps take time off work to meet with the agent, potential buyers and go over paperwork. Produce a timeline that gives you a clear idea of what you should accomplish at certain points in the process.
2. Go Over Your Finances
Look at your existing mortgage and determine the outstanding amount, if any. You also want to see how much money you can set aside for the sale. Though the goal of selling your home is to make a profit, you will have to spend a bit as well. Expenses may include home improvements, inspections and relocation costs.
3. Work With The Right Agent
Your home is not just any piece of property – it is a beloved asset, so pick someone with a great track record. The agent’s average list-to-sales price ratio and the average number of days their properties stay on the market are good indicators of how an agent performs. If you are selling your home in the Indianapolis area, choose a local expert like Stancato Group Real Estate. Feel free to call 317-431-3848 or email email@example.com
4. Assess The Value Of Your Home
Factors that affect the value of your home include location, the price of recently sold homes in the area, and the present state of the housing market. The number of buyers, as well as inventory, will also come into play. Most agents offer a free comparative market analysis.
5. Price Your Home
It can be easy to overprice your home given your emotional attachment to it, but it pays to be objective. The factors mentioned above, as well as data provided by your agent on active and stale listings, should help you decide.
6. Make Home Improvements
Dress your home to impress. Keep it neat, clean and make a few touch-ups to make it look its best for buyers. You can spend a little extra on upgrades, but be prudent. You may also consider staging your home, which simply means hiring a professional to create a warm, inviting, and décor-neutral environment that allows prospective buyers to imagine your home being their future home.
7. Market It
A comprehensive but targeted marketing strategy can help your home sell quickly. The majority of buyers search for homes online, so hire a photographer and use high-quality photographs that play up your home’s best features. You can also use a combination of online and traditional marketing.
8. Compare Offers
Your agent will show you all offers and you can decide to reject, accept or counteroffer any of them. Get ready to negotiate and compromise, not just on the price of the property but on related matters as well.
9. Inspections & Appraisal
Buyers will have a certain amount of time, that is contracted in the purchase agreement. to complete inspections and appraisals. You will be notified via the showing service when the buyer (for inspections) or their lender (for appraisal) would like to complete these contingencies. Be prepared to allow these processes as soon as possible.
10. Get Through To Closing
By the end of the process, the title company will transfer the title of the property to the buyer and have the funds transferred to you. This could take anywhere from a few hours to several days. In any case, congratulations! You have successfully sold your house.