Selling and buying a home can be a very exciting, albeit daunting, experience. Before you put your home on the market, you need to make sure that you are fully prepared to sell in order to achieve the best price for your current home. We’ve spoken to our top Royal LePage Performance Realty RealtorsⓇ and compiled a list of important questions to ask yourself before selling your home.
1) Why am I moving?
Do you need to move home or do you simply want to? Knowing the distinction between the two can make a huge difference in the flexibility you have in selling your home. Do you require more space? Or are you looking to downsize? If you are being forced to move, whether you are relocating for work or you have a new baby on the way, you may need to sell your home quickly, which could mean less bargaining power in any potential negotiations. Know what you are trying to accomplish in selling your home so that your goals can be successfully achieved.
2) When is the best time to list a home for sale?
People are looking to buy homes at all the times of the year, so there is really no right or wrong time to sell your house. However, the time of year may affect the way in which you market your home to potential sellers. If you are looking to sell now, in the fall, you may consider appealing to those buyers who are looking for a new home for the new year.
3) What should I do to make my home ready to sell?
Before any potential buyers cross your home’s threshold, you want to make sure the property is ready for viewing and looking its best. You want to show off your home’s best assets and visually persuade the buyer that your house would be their perfect new home. It is important to pay attention to detail, both inside and outside your home. Curb appeal is one of the top selling points for many homes, so you may want to consider hiring a landscaper or contractor to tidy up your front yard and the exterior of your home.
4) Will market conditions such as price trends and interest rates affect my ability to sell my house?
Speaking honestly, they may. There are many varying factors that will affect the sale of your home. These can also include your sale price, terms of sale, the condition of your house, its location, and its accessibility. However, with that being said, there are always potential buyers on the lookout. You just need to make sure that your home appears as desirable as possible and is accurately priced. An experienced RealtorⓇ will be able to determine the proper market value of your home and help you achieve the best possible sale price within your timeframe.
5) Do I need to work with a RealtorⓇ?
An experienced realtor will take the stress and worry of selling your home right out of your hands. It may be more cost-effective to sell your home yourself, but it’ll save you time and stress to hire a real estate professional who understands all the marketing and legal aspects of a home sale. A RealtorⓇ will handle every aspect of the sale of your home, from marketing and showings, to contracts and negotiations.
For assistance in determining the current market value of your home, contact our team at Royal LePage Performance Realty for a free home evaluation. We can also provide you with pertinent information about current market conditions and home values. Contact us at any of our branch locations to find out more!