Selling your home is a major decision that requires careful consideration. To ensure the process goes as smoothly as possible, it is important to understand what is involved in the selling process. Oakstrand Realty has put together some helpful tips to get you started.
Challenge your real estate tax bill. Most municipalities will reassess the value of your property once they receive evidence of recent sales in your area. This data is more specific than what the appraiser is able to provide, as they use one set of standards for the entire region.
If you have hired a real estate agent, listen to their advice. If you are selling your home yourself, the first step is to declutter and make the space look as inviting as possible. Consider renting a storage unit if necessary. Remember, you are no longer living in the home, so it is important to make it look as appealing as possible to potential buyers.
If you plan on staying in your home for the next five years or more, now is a great time to invest in some home improvements. With contractors and skilled tradespeople currently out of work, costs are at an all-time low.
When working with a home seller, do not disclose any information about your move. This information could be used against you during future negotiations. If the seller knows you are eager to purchase the property, they may not be willing to lower the asking price.
Clear out any clutter and remove any excess items. Buyers need to be able to visualize their own belongings in the home, and this is much easier to do in an uncluttered space. Your home will sell much quicker if it is tidy and free of clutter.
If you have wallpaper in the home, consider removing it. Removing wallpaper can be a major hassle, and this may turn off potential buyers. Consider painting the walls a neutral color instead.
During a real estate slump, don't be afraid to sell your home and trade up. Remember that if the selling price of your home is down, the selling price of the home you want to buy is also down. If you take a loss on the sale of your home, it may be balanced out by the savings on the home you purchase.
When putting your property on the market, take the time to thoroughly clean your residence. Make sure that all windows are clean inside and out, ceiling fans are dusted, and all surfaces on the refrigerator are scrubbed. These small tasks will give buyers a great first impression of your home.
Selling your home is a big decision, but with the right knowledge and preparation, it doesn't have to be a stressful one. Use these tips from Oakstrand Realty to help you get started on the path to a successful sale.