Selling a home is an emotional process for many sellers, especially first-time sellers and those who have lived in their homes for a long time. People sell for many reasons; whatever yours is, here’s how to handle it.
For all sellers: The first time you sell a home, you may be anxious about the process. After all, you don’t know what to expect. However, with the market always changing, even experienced sellers may encounter uncertainty. To help make the process worry-free, follow these tips and be sure to ask any questions that arise.
• Prepare your home. Make any necessary repairs and get your home move-in ready. If possible, hire a home inspector so you know what to fix.
• Prepare your mind. Try to remove the sentimental or emotional value you have in your home and see it as it is: a place to live.
• Make your home available to show during the day. Improving the accessibility of your home to buyers and their agents may help you sell it faster.
Before buying another home:
• Plan ahead to save time and money. If you sell your home before you buy a new one, lean on me to help you find a new home or short-term rental before you close.
• Get pre-approved for a mortgage on your next home.
If you’re trading up:
Families looking to purchase a larger home may only be thinking about the need for additional space or bedrooms, but there are a few unique circumstances to consider while going through the selling process.
• Buy or sell first? You may be wondering, should you sell your current home first or buy a new home and then sell? I can discuss the options with you to ensure you make the best decision for your family.
• Price it right. Ideally, you’ll want multiple bids so you can choose the highest and best offer. Pricing your home correctly will help you target the right buyers who are willing to negotiate the best deal. Setting an accurate asking price will speed up the selling process so you can move on to the next chapter of your life, while still getting the most money.
Before buying a larger home:
• Continue to shop for a home while your current home is on the market.
• Create a list of must haves and deal breakers for your next home to make your search more efficient.
• Consider the suburbs. If you want space at a budget price, consider rural or suburban areas where you may be able to get more home for your dollar.