It’s exciting to put a house on the market and daydream about making new memories in new spaces. That mid-century modern sofa you’ll finally purchase, the new patio without your partner’s unfinished project in it, or that extra bedroom so your kids don’t have to share anymore (and you don’t have to hear the complaints). When it comes to the bottom line, homeowners need to know what it takes to avoid costly mistakes when it’s time to move. Being mindful and prepared for the process can help you stay on the right track.
1. Stage Your Home Properly
Buyers want to envision themselves in the space so it feels like it could be their own. They need to see themselves relaxing on a Sunday morning with their furniture and keepsakes – not your family pictures and decorations. Stage and declutter so they can visualize their own dreams as they walk down the hall. A real estate professional can help you with tips to get your home ready to stage and sell.
2. Price Your Home Right
It’s common to think buyers will pay whatever we ask when setting a listing price. Believe it or not, that’s not always true. The buyer’s bank will only lend what an appraiser determines the fair value of the house is, so be aware you might need to renegotiate the price after appraisal.
3. Keep Your Emotions in Check
Today, homeowners are living in their houses for a longer period of time. For some homeowners, that makes it difficult to separate the emotional value of the house from the fair market price. That’s why you need a real estate professional to help you with the negotiations along the way.
What You Need to Know
Today’s sellers’ market might be your best chance to make a move. If you’re considering selling your house, reach out to a local real estate professional to help you navigate through the process while prioritizing these must-dos.