When Selling a House What is the Process

When Selling a House What is the Process

Selling a house is an overwhelming process because it involves multiple steps. While you wish the sale process to be stress-free and smooth, it requires much time and effort. Nevertheless, by following these steps, you can increase your chances of having a successful sale.  

Hire A Professional Real Estate Agent

You can determine the best price for your home with the help of a real estate agent who has access to market data. The agent can access multiple listing services (MLS) and market your house online and offline. Agents are experts in marketing and know how to get your home in front of people interested in buying it. When you hire an agent to sell your house, they will be responsible for marketing your property, assisting you in setting the right listing price, and negotiating on your behalf. Therefore, hire an expert agent with an excellent reputation and experience in selling homes.  

Choose Valuable Upgrades

Invest in upgrades after consulting with your real estate agent. In addition to knowing what people expect in your area, agents can assist you in planning improvements accordingly. Generally, kitchen and bathroom updates provide the best return on investment. Consider replacing the doors and hardware on old cabinetry for an upgraded look without breaking the bank. You can make a great first impression by painting your home with neutral colours and sprucing up your landscaping for a reasonable price. 

Calculate the Market Value of Your Home 

A comparative market analysis (CMA) can be used to estimate your home's value. Research the local real estate market and compare your property to similar properties recently sold in your area to determine your home's value. You can also contact a licensed real estate agent and ask him to determine the market price of your home.  

Stage Your Home

The staging of your home is an essential part of the home-selling process. In addition to helping potential buyers envision themselves living there, it can increase the perceived value of your home. Ensure all your personal items, including family photos, are removed from your home. Also, decluttering your space can make it feel more spacious and open. Prepare your home for open houses by keeping it clean and tidy. Open your curtains and blinds to make your space look brighter and more inviting. 

Get High-Quality Photos

Taking high-quality photos is crucial when selling your home. Potential buyers often rely on these photos to form their first impression of your house. Whether or not they will schedule a showing largely depends on the photos. To get high-quality photos for home sales, follow these tips: 

  • Use a high-quality camera to take professional photos
  • Natural light is the best 
  • Stage your home before taking photos
  • Take pictures from different angles and heights
  • Highlight unique features such as custom cabinetry or a fireplace 

Set a Price

A real estate agent will help you decide the right price for your home based on the property's location, size, condition, and other factors. In competitive markets, buyers only want to spend what is reasonable; the right pricing is therefore crucial. Underestimating the value of a home might cost you money, while overestimating can backfire. Pricing a home too high and then lowering it periodically is a common mistake sellers make. Therefore, evaluate your property's worth with your agent and set a fair price.  

Market Your Home

You are now ready to market your home after you have determined a realistic price and have staged it. Create a marketing plan to sell your house with the help of your real estate agent. Market your home to potential buyers through online listings, open houses, professional photos and videos, and other methods. Your agent will help you review offers and negotiate with buyers to get the best price and terms for your home.

To finalize your sale, you will need to work with your agent to complete all necessary paperwork and arrange for the transfer of ownership of the property once you have accepted an offer.

Also, check out this article,"5 Valuable Tips for Home Sellers in 2023."

Sell Your House with Mike Bolger

Mike Bolger uses experience and knowledge to help sell and buy properties in Waterloo and nearby areas. Using his network of connections, he will sell your home for top value and save you time and money. He will market your property to thousands of potential buyers and quickly get your home on the market.

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