Congratulations on taking the first steps toward selling your home! Now it’s really time to roll up your sleeves, dig in and get to work, but where do you start? There is so much more to it than just sticking up a for sale sign on your lawn and hoping for the best offer to come around. This post will focus on the top 10 things that you should do to get your house ready for sale with the best possible outcome.
Here is the top 10 check list of things to do before selling your home!
It’s that time of year to make a list and check it twice so if your in the midst of the home selling process don’t list it just yet! To ensure that you get the best price for your home and in the most ideal timeframe, here is a list that you can utilize and check it twice before you list your home.
- Find a Good Real Estate Agent: This one might seem like a no brainer but having an experienced Real Estate agent on your team is a major key to success. You will be working very closely with this person for a while, so trusting in their expertise is crucial. It can seem like a good idea to sell the home yourself and pocket all the money but the truth is a FSBO is never without its glitches and costs, including error and omissions insurance, which most people overlook. Most for sale by owner transactions are simply a disaster! In the end selling yourself could end up costing you far more time and far more money than you would have paid a professional to begin with.
- How’s Your Curb Appeal?: You know the age old saying “never judge a book by it’s cover”? Truth is everyone does, especially when laying eyes on a home for the first time that they will potentially buy, if it appeals to them at first glance you will be in much better shape in the long run. If they drive by and like what they see at first glance, they are far more likey to schedule a tour or call for more information. Small things like planting a few colorful flowers, or repainting your front door make a huge difference in a potential buyers eyes.
- Declutter and Depersonalize: Wide open living spaces are far more attractive than clutter and mess. When you have a wide open living room your potential buyer will have an easier time visualizing their own belongings in that room. Remove personal artifacts like tacky wall paintings and trinkets that look out of place as they will distract any potential buyers from visualizing their own décor. Consider hiring a cleaning crew, and a home staging expert to ensure that your home is tour ready with beautiful neutral décor that is not overpowering to the eyes. This can also include repainting the walls a neutral color, removing any scuff marks from walls and baseboards.
- Fix Loose Handles: Seems like a small detail but this makes a huge difference in how a potential buyer perceives the home as being move in ready or a fixer upper as they will more than likely wonder “what else needs to be fixed in this place”?
- Invite Friends Over to Conduct a Smell Test: This seems like a strange thing to do but some homes have a very distinct odor that you as the home owner may not be aware of, because you live there, and are used to it, especially if you have multiple pets or small kids. Have someone unfamiliar with the home to come over and let you know if the smell of it needs a bit of freshening up. Beware of covering up the smells with strong things like plugins or fresheners, afterall not everyone loves the smell of lavender.
- Hide or Lock Up Valuables: You simply cannot trust everyone that walks into your home for a tour, things tend to mysteriously disappear, so avoid this and lock things up that are of value to you.
- Understand Your Homes Worth: Ask your real estate agent for a CMA or a Comparative Market Analysis to better understand your homes value and where you stand before listing your home. This includes scoping out your competition, your agent will also research other homes in the area and what their asking prices are along with the prices they have sold for to better understand what you should be listing your home for.
- Understand The Costs Involved: There are costs involved in selling a home all the way down to things like fixing the squeaky floors. Here is a list of the different costs to consider in the home selling process:
- Capital gains tax
- Transfer tax
- Mortgage payoff
- Mortgage payoff fee
- Title insurance
- Broker commission/fee
- Home inspection
- Repairs and projects
- Real estate attorney fees
- Get a Presale Home Inspection: Getting an inspection done before you list your home will give you the time you need to get the necessary repairs done first and ensure that you are pricing your home where it needs to be for what it’s worth.
- List Your Home!
The home selling process can be a stressful and confusing one, but it does not have to be. Are you ready to sell, do you need assistance with a Comparative Market Analysis? Give us a call today to get your home listed with MB Homes New England!