What Should You Know Before Selling Your Home

By
Real Estate Agent with Daily Real Estate Update

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Buying a home is a huge investment but selling it is an equally huge decision in itself. There are lots of decisions involved and it takes a toll on your physical as well as emotional well being. Some reasons why you might decide to sell your home are:

 

  • There are structural issues in the property;

  • You want to relocate because of a transfer;

  • You got married or divorced;

  • You are expecting a baby and need more space; or

  • You are ready to downsize.



Prepare Yourself and Your Home

Selling your home can be very time-consuming and challenging. As a first-time seller or inexperienced seller, you may experience unease or make several mistakes. This is why it is important that you read several articles on how you can sell the house in an easy and comfortable manner.



Here is a list of things to help you prepare yourself and your home before putting it up for sale.

 

  • Emotional Ties: A home is not only a place where you reside, but it is also a collection of memories, moments and years gone by. This is why it is understandable that you have a lot of emotional attachment to your home. The first step after you decide to sell your home is severing this emotional bond and mentally preparing yourself and your family members to let go of this place.

  • Prepare the Documents: Selling off your home is a tedious transaction. For a smoother transaction, you require to have all your documents prepared. These documents include mortgage satisfaction letter rental agreement, utility bills, and everything else that is required to prove your ownership of the property as well as your right to sell. Additionally, you should also make sure that all the outstanding permits are closed and there are no building violations. You should also talk to your accountant so that there are no outstanding tax liabilities or any other tax issues.

  • De-Clutter: You should not wait until the deed is done to start packing. Rather you should start as soon as you take the decision to sell. It makes things easier for you and you will have more time to sort out your belongings. Start by de-cluttering each room and dividing the items based on whether or not you would need it before the move. If you don't need it you should start packing it.

  • Prepare to Move: Once have your belongings sorted, it's time to move on to the house and see which things you would like to take with you to your new home. For example, lighting fixtures, window treatments, and anything else that you do not want to include in the sale of the property. You should start packing them too or arranging them to be moved later on. Get rid of those things which you do not want to take with you but still won’t be able to sell off, so that the potential buyer does not mistake seeing them as them being included in the offer for sale.




Should You Hire a Real Estate Agent?

Other than these, the most important thing while selling your house is hiring a reliable real estate agent to sell the property on your behalf. However, they are expensive and their commission can range anywhere up to 7% of the amount that the property is sold. There also several additional expenses, when you hire a real estate agent, such as you would have to repair and renovate all the damages around the house, interior as well as exterior, to make it more presentable to the potential buyers. This can be expensive depending on the condition of your home.

 

Moreover, there would have to be several open house tours in your home for the potential buyers. These are conducted especially when the house is empty, which means a family member would not be there to supervise it. Many people find it uncomfortable knowing that strangers will be in their home looking around poking at things. There may also be a lot of criticisms from these potential buyers too which could be particularly difficult to deal with. Even after so much trouble, there is no guarantee about when you can sell your house. While some places get sold within less than a month after listing others, may not get off the market even after years.



Selling the Home without Any Hassle

To deal with all these obstacles and challenges, the best way the home is ‘As Is’, that is without any repair or innovation, just the way it is. You can take the help of professionals to connect with professional buyers who are willing to buy your home without any need for a real estate agent, marketing or repair. You can sell your home as quickly as you want and on a cash basis, so there will be no uncertainty. After you contact the professionals and provide them the details of your property, they would send you a cash offer and the potential buyers might visit your property. They are very efficient and non-intrusive so you will not have to waste any time or money on trying to impress them. The deal would be finalized after the visit. They would even pay for all the closing costs.

 

 

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