If you're considering selling your home, it's critical to understand what makes a strong listing. Whether you need to sell quickly for a new job, financial reasons, or a personal emergency, there are important things you can do to improve your home's marketability, decrease its time on the market, and produce good bids.
One of the important things to do before selling your home is to ensure you've gathered all critical information, like the current market value. If you've never sold a home before, you might be surprised at how difficult it is to prepare your home for sale. It's a time-consuming procedure, from establishing the right listing price to deciphering contractual agreements.
As the seller, you'll have to do a lot of prep work as well, so it helps to remember that you’re spending your time making your home look its best for possible buyers. Luckily, our 41 important tips will show you how to prepare your property for sale. Read on to find out how to get the most out of the time and work you’ll be putting in.
What Are the Most Important Things to Do Before Selling Your Home?
You should know what to do when selling a house to prepare your home and your family. It will help you sell your home faster and increase its resale value.
Here are 41 important things you can do before selling your house that will take minimal time and money.
1. Spend Time Getting Your Home Ready to Sell
Take some time preparing your property for sale, and you'll be rewarded with a quicker sale and a higher sale price. If you want to sell your house quickly, it must look as good as your competitors and be priced competitively as well.
2. Gather Information
Each real estate market is unique. To get the best price for your home, you need to know what price range you should sell it in. Study the current value of your property. You don't want to end up with a house that has been on the market for a long time and then has to be sold at a lesser price to get it sold.
3. Research the Best Time to Sell in Your Area
There are times when it is excellent to sell and times when it is not. If you're flexible with your timetable, you might choose to wait for a seller's market, which occurs when more buyers are looking for houses than there are available homes. It gives vendors negotiating strength and allows them to raise prices.
Finding the right listing price for your home can be a challenge, but it's one of the most critical factors in a successful home sale. Homes that are accurately priced are more likely to sell promptly.
5. Make a Good First Impression
First impressions matter, and buyers are analyzing your property long before they walk through the door. Your home may be beautiful on the inside, but it will be challenging to sell if it doesn't look good on the outside.
6. Create a Welcoming Entryway
Make your entryway if your house doesn't have one. Use a padded bench and coat hooks to keep clutter at bay or build simple foyer storage and organizer.
7. Maximize Your Space
Maximizing your space can go a long way and be one of the most rewarding investments you can make. Why? Buyers are thrilled by the amount of room and storage available—the greater the number, the better.
8. Rearrange Your Furniture
Your furniture is probably set up in a way that is most comfortable for you and your family. However, you might need to rearrange it so that rooms look larger and more appealing. To create a conversation area, bring the sofa away from the wall and the chairs closer together. You may also need to relocate some furniture to make it easier for people to move around the rooms.
9. Gather Estimates on Repairs and Replacements
Everything old or in need of repair should be considered, including your HVAC system, appliances, and any rooms that require extensive remodelings, such as the bathroom or kitchen. Get estimates on how much renovations will cost, as you might be able to negotiate a better price with contractors.
10. Make Repairs and Upgrades That Pay Off
Repairs that pay off are the most crucial as you prepare to put your house on the market. You'll want to make these repairs before selling your home, whether they're big-ticket things or lesser ones. The most expensive components are likely to be air conditioning, furnace, or roof repairs.
It's time to touch up your house's inside paint if it's been more than a couple of years since it was last painted. Touch up areas with nail holes, scrapes, and handprints with leftover paint from the last time you painted.
12. Go Neutral With the Colors
A new coat of paint has one significant benefit: it makes the house feel brand new. Choose a neutral color that will give the rooms a fresh start and allow purchasers to see how their furnishings will fit into the overall scheme.
13. Boost Your Curb Appeal
Do you recall how important first impressions are? You want potential buyers to think they could live here when they arrive at your house. Make sure the outside of your property is well-kept, tidy, and attractive to ensure that buyers want to view the inside.
14. Deep Clean
A deep clean should be a must-do item on your to-do list when you’re getting your house ready to sell. This could be the most crucial step in getting your home ready to sell. A residence must be clean to meet the "move-in condition" criteria.
15. Shampoo or Replace Carpets
Carpets, more than nearly any other aspect of your home, exhibit signs of wear and tear. It will almost certainly be a problem if you have carpeting in your home. You might be able to get away with hiring a professional carpet cleaning business if the carpets are not discolored or badly damaged. You'll have to replace them if cleaning does not restore them.
16. Mind Your Roof
Few things send buyers away faster than a leaking roof, so make any repairs before you try to sell your house. If your roof requires extensive repairs, be prepared to negotiate a reduced price with potential buyers.
17. Also, Your Floors
A floor renovation can be one of the most cost-effective ways to update your home. The floors are one of the first things buyers notice when they walk into a new home, so make yours stand out.
Your home must appear livable. It's possible that potential purchasers won't be able to see past your mess. If you act soon, your home will sell faster, and your move will be less complicated. It's no secret that the most challenging aspect of decluttering is getting started, so once you get going, it should be easy.
19. Make Things Less Personal
When selling a home, the idea is for a buyer to fall in love with it and see themselves living there with their possessions. That can be challenging if your home is adorned with your unique touches.
Remove things like family portraits, mementos, religious symbols, diplomas and certificates, and collections to neutralize the space.
20. Eliminate Bad Odours
Cooking scents, cigarette odors, pet odors, clogged drains, and full garbage cans are huge turn-offs for purchasers. Consider putting fresh flowers or a scent in the house instead (either by candle or reed diffuser).
21. Remove Evidence of Pets
Even if your home has the ideal layout, pricing, and decor, you may lose potential buyers if it has bad pet odors.
If there is any evidence of animals, some property buyers will not even complete walking through the house. They'll sometimes rule a place out based on the presence of a litter box in the property images.
22. Remove Evidence of Kids
You'll want to appeal to every conceivable buyer if you're going to sell your property quickly and for the most money. Children do not appeal to everyone. Those crayon markings all over the wall? That needs to be painted over. Even height marks on door frames should be removed.
23. Define the Use of Each Room
If you're the type of person who wants an office in their bedroom, keep in mind that this may not be the case for other buyers. Remove any furniture (and other items) that aren't necessary for the room's function. This will free a significant amount of precious floor space.
24. Consider Updating High-Value Rooms
If you've been putting off updating your kitchen or bathroom, you should do it before listing your home. Homes are sold based on their kitchens and bathrooms. That's the reason why getting new appliances and updating your countertops will be pretty tempting to purchasers, and you'd be able to recoup your investment.
25. Enhance Your Lighting
Consider replacing your old lamps and other light fixtures with more modern ones. Buyers don't want to feel like they're stepping back in time when they go into a home with out-of-date fixtures. This is a simple improvement that will aid in the sale of your home.
26. Take Pictures, Good Pictures
Break out the camera and take some shots for marketing purposes once you've cleaned everything up and everything looks beautiful. The more appealing your photos are, the more people will want to see the house in person.
27. Preparing Your Home For Showings
Preparing your home for showings can be a time-consuming and inconvenient task in and of itself. A well-prepared home will likely sell faster than an unprepared home simply because of the image it projects to potential buyers walking through the door.
28. Open Houses
Some people believe open houses are worthwhile, while others think they're a waste of time. In the end, it is up to the homeowners to decide whether they are helpful. You can always ask me, Nancy Braun of Showcase Realty, or any of my top Charlotte real estate agents about open houses. We'll be able to discuss both advantages and disadvantages of open houses.
29. Offer a Home Warranty
Home warranties can be a good idea for some people when selling a house, but they won't make a difference for others. Sellers frequently wonder if providing a home warranty to a buyer is worthwhile. Home warranties are typically an excellent gift to offer to a potential buyer.
30. Get Creative
Buyers are simply not just interested in purchasing real estate. They genuinely want a better life (and property is only the means through which they can obtain it).
You must make buyers want what you have and give them a glimpse of a better life for your home's presentation to truly attract buyers.
31. Check on the Little Things
The longer you live in your house, the easier it becomes to accept things as they are, even if they are unpleasant. Also, if you're on a shoestring budget, take a day to go through your house and search for the minor things that are out of whack that may be easily rectified.
32. Commit to a Representation Strategy
One of the first decisions you'll have to make is whether you want to sell your house yourself (known as "for sale by owner" or "FSBO") or hire a real estate agent.
Consider the advantages and disadvantages of each choice, as well as how quickly you need to sell, the state of your local market, and any unique aspects of your house that may necessitate negotiating expertise.
33. Get a Home Inspection
In this industry, inspections are the number one deal killer. By addressing this issue immediately, you can eradicate the entire issue of problems with your home. Sure, it may cost you some money upfront, but you will most likely be spending that money anyhow.
34. Rent a Storage Unit
Renting a storage facility is a smart way to get rid of clutter and stay competitive. Begin filling the storage container with items you won't need while your home is on the market.
35. Get Advice From an Experienced Realtor
A good realtor may make or break a homebuyer's experience. I am Showcase Realty's best real estate agent in Charlotte, NC, and I will ensure that you come first and that your interests are represented in pricing and term negotiations. Working with an excellent, trustworthy real estate company like ours will save you time, money, and headaches.
36. Stage Your Home
The idea is to make a strong first impression so that buyers choose your home above others. According to Realtor.com, staged homes sell 88 percent faster and 20 percent more than homes that aren't prepared.
37. Paperwork and Documents
Gathering relevant papers is one of the most critical things to do when selling a home. This may appear to be a tedious first step, but it is rather important. Whoever purchases your property will need to have all the necessary paperwork to complete the sale.
38. Add Fresh Flowers
Bring in some fresh flowers to your home. It will not only make your home smell wonderful, but it will also make it look and feel incredible.
39. Have a Checklist
With the many duties required to sell a home, you need to keep track of the activities you are doing and tasks you need to accomplish before listing your home. A checklist will help you organize your time, efforts, and mind.
40. Be Open in Negotiation
Before closing and signing the sale, most house buyers and sellers establish conditions and agreements in the property. It's critical to develop a strategy from the start if you want to get the best pricing possible.
41. Be Patient
You'll want to walk away from the whole process if you find yourself completely buried in home sale details, and that's precisely what you should do.
Spend a few quiet hours in a cool movie theater, leisurely appreciate a glass of wine while enjoying a delicious dinner at your favorite sit-down restaurant, or schedule a massage at a nearby spa.
If you're relocating out of state, you can consider taking a day trip to see neighboring sites that won't be available when you arrive.
You will need an expert real estate agent to assist you in getting the best deal.— Showcase Realty (@ShowcaseRealty) September 11, 2021
Read the full article: How to Negotiate Effectively when Buying or Selling a Home in Charlotte, NC
▸ https://t.co/tuFdxrAfSA#NancyBraun #RealEstateNegotiation #Charlottehomesforsale pic.twitter.com/kkLJfnTIFF
What Should You Not Do Before Selling Your House?
It’s easy to feel emotional when it comes to selling your home, especially your first one. When it comes to saying goodbye, most people struggle to keep their emotions in check.
Before selling your house, you should not think of yourself as a homeowner. Start thinking of yourself as a businessperson once you've decided to sell your property.
You'll be able to separate yourself from the emotional components of selling the property if you approach the deal solely from a financial standpoint.
It may appear that selling a home is a complex undertaking, but it does not have to be. With these suggestions in place, you should be able to decrease your time on the market and attract good bids, allowing you to sell quickly for whatever reason you've decided to do so.
Give me a call at (704) 997-3794 if you need any additional help or guidance with any of these suggestions. Showcase Realty's professionals are here to assist you!