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Things You Need to Do Before Putting Your Home on Sale

Category : Real Estate
Posted By : Ambrose Onyango
Posted Date : 22 Nov 2018 12:58 hrs

Putting-Your-Home-on-SaleThe things that inexperienced homeowners forget or overlook to do just before they list their homes on the market often come back to haunt them when the sale fails to go as planned. This article discusses some of the important things you need to do before putting your home on sale to prevent hiccups in the process.

Vet the Listing Agent

Don’t be casual when selecting the realtor to work with during the home sale. Your home is one of your biggest investments. So, you need to devote ample time and attention to the task of selecting the real estate agent you plan to work with.

Talk to the references provided by the realtor you want to list the home with. Pay special attention to the most recent ones since those references will reveal to you how well the real estate agent comprehends the current trends in the market.

While you are at it, make sure that the agent you choose isn’t representing you and the buyer at the same time. Dual agents pay more loyalty to themselves than to any of the clients who have hired them. You are therefore better off hiring a realtor who will focus on protecting your interests rather than hiring a dual agent whose loyalty will be divided.

Identify the Existing Problems in Your Home

You should also never put your home on sale without performing a thorough inspection of the home in order to unearth any defects that may make the sale fall through. For example, you need to find out whether there is any structural damage to the house.

List all the problems that are discovered by the home inspector and fix as many of them as you can. The benefits of doing this will be twofold. First, you will be in a good position to declare any known defects to the buyer as required by law. Secondly, you can price the property more appropriately once you consider the costs of having the necessary repairs done.

Check for Permits of all Modifications

Many homeowners modify their homes over the years in order to make those properties suitable for their evolving needs. For example, you could have added a basement in order to increase the usable space available in your home.

Make a list of all the modifications that you or the previous owners made to the home. Confirm that you have a building permit or any other appropriate permit for each of those modifications. Otherwise, the buyer will discover that you don’t have permits for any of the work done and the sale will be delayed or cancelled. Most sellers are unwilling to take the burden of dealing with the local authorities once the unpermitted work is discovered.

Make the Photo Shoot Memorable

The day the photos of your home are taken can determine how the eventual sale will go. Potential buyers will first see the photos of the home before they ever set foot on the property. Consequently, the impression created from the photos will determine whether the buyers think that the home is worth buying at the listing price, or not.

It is therefore important for you to make the property sparkle in readiness for the photo session. Clean and de-clutter all the rooms. Make sure that the lawn is impeccable. Trim the hedges and shrubs. In short, make the property shine inside and outside so that the photos taken portray it in the best possible light.

Identify What You Will Take After the Sale

Misunderstandings can erupt between you and the buyer when you try to take something that the buyer thought was part of the house he or she is buying.

For example, the buyer may have liked the chandelier in your living room when he or she viewed the property. Consequently, the buyer will be understandably disappointed when you decide to take the chandelier as you are moving out of the home.

What is the way out of such potential conflicts? Consult an expert (your real estate agent, for example) about what the law in your area says regarding the things that can or cannot be taken from a home someone is selling.

Afterwards, use that information to make a list of the things you intend to take after selling the home. Share this list of exceptions to the sale with the potential buyer so that the buyer is aware of the items excluded from the sale. Needless to say, no conflict will arise once you are upfront in this way.

Google Your Home

You can bet that prospective buyers will conduct an online search about your home as soon as you list it for sale. What will they find when they do that?

The only way to be certain about what a Google search will reveal is by doing one yourself before the home goes on the market.

First, you may discover the value attached to your home by some of the leading real estate websites in your area. That valuation can be higher or lower than what you estimate the property to be worth. Find a way to explain to potential buyers why the valuation indicated online isn’t accurate in case that value is lower than what you believe the home is worth. Contact a professional for an assessment so that you price the property correctly instead of relying on your sentiments about the house.

Harness Social Media

Social media channels, such as Facebook, can be a valuable tool in getting your home to as many potential buyers as possible. Find out whether the real estate agent you plan to work with has experience in using social media to market homes. This is one of the most important things you need to do before putting your home on sale. A social media-savvy realtor will make affordable videos that can be shared easily in order to reach a wider target market.

It takes a lot of work to sell a home. Make sure that you ease that work by first mastering the things you need to do before putting your home on sale. If you can, create a checklist that you can refer to on a daily basis. Thereafter, work with the realtor to create and implement an appropriate plan to sell that home in the shortest time possible.

By Ambrose O. for Ezega Real Estate




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