January 30, 2015

What to Consider When Planning to Sell

When should you sell? How do you get the best price? What kinds of renovations (if any) should be made prior to the sale? There are many questions that arise during the home selling process. There’s much to learn and know about when it comes to selling your home fast and for the best price.

Some basics preparations you can make in order to have a successful sale are:

Choosing the right real estate agent: Finding a real estate professional one who understands current market conditions is important as he or she has the experience advise you on what needs to be done, such as having all your documents in place so that the selling process runs smoothly.

Make your home marketable: You need to get your home ready for showings. A professional eye can help assess which repairs should be made and if it will be helpful to have your home professionally staged. Again, a good agent will help you prepare.

Know your offers: Understand the specific items on an offer to purchase and know what it is a real estate lawyer is responsible for. You should have professional help should unforeseen circumstances arises – and discuss those less than desired possibilities beforehand!

Understand how to get ready for the close: While your home has sold, there are several items to take care of, including: adjustments, net proceeds, closing costs and possession date. Realize that a string of buyers and sellers need to close on the same day? Talk to your lender about “bridge-financing” should you decide that it’s better to pay the costs (plus a few days interest) after the closing day to avoid those headaches.

Whether you are of the generation that is accustomed to using online resources and asking for advice from friends and family or are much more comfortable with leaving all of the details to a trusted sales rep you’ve worked with for years – getting ready for a sale is an involved process. Regardless of what side you lean towards, it’s a good idea to have a mix of both: the right information on best practices and a reliable, experienced agent. Selling your home greatly affects your present and future, so before you begin this process, you’ll want to ensure you have the most up-to-date information.

Check out Zoocasa’s Guide to Selling Your Home for all the info you need on how to have a successful sale.