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1) Get professional advice. Use local real estate agents to get a free home valuation to find out the value of your properties. This is a free service with no obligation; You do not have to access your home or use your services.
2) Invest in your Home. You should get very good feedback from real estate agents and their ratings. Ask them what you can do to increase the value of your home.
3) Do market research. Read the newspaper, buy real estate magazines in your local area, and go to open houses within a 5-7 block radius. Talk to other sellers in your area. Compare and contrast your house and prices based on your findings. There are many free internet resources available where you can discover some interesting facts about recently sold homes in your neighborhood.
4) Sale Price. Pricing your home based on facts, not emotional value, is essential to successfully selling your home.
5) Set a realistic time frame. Manage your expectations. Take a look at the various factors of how the market can affect how long your home stays on the market. Factors that can affect this range from the supply of similar homes for sale in your neighborhood to the length of time it takes to sell an average home.
6) Organize your home. Tidy up clutter, work on curb appeal, clean up trash, paint outside if needed, replace worn carpet, and fix broken fixtures. Organize your furniture like a model home or a furniture store. Make it cozy yet attractive and clean. Let potential buyers see how the space will work for them.
7) Marketing is key. All of the above steps are only triggered if people know your house is for sale! Attract potential buyers. There are so many different types of advertising. One that is really effective is listing your property on your local Multiple Listing Service which allows your home to be included in the Homes for Sale database that Real Estate Agents use when searching for properties for their buyers. You have to be here. There are many Internet listing services that offer packages that include this service. Only a licensed real estate agent can list properties for sale here, but you can do so with an MLS flat rate service or other internet listing site. I will visit this further as this step is very important.
8) Have open days. Having cookies baked… cliche… yes! But it works, people relate to smells, it smells attractive. It goes without saying, but clean up and make sure your home is organized. Everything mentioned in Step 6!
9) Have forms available. You should always have forms for potential buyers’ contact information to make it easy to track and trace your advertising. Have easy-to-carry brochures of your home with your contact information and property details. Have resources available to qualify a buyer. You will need contracts. When “closing the deal”, you’ll want to seek professional help here.
10) Do not forget. A typical sale involves:
• a home inspection,
• an appraisal,
• a survey,
• a title search,
• a termite test,
• underwriting and approval of loans,
• deadline,
• Show me the money!
