Selling your real estate, especially if it’s your first, is a big decision and not one to be taken lightly. Before you sell your house, make sure you are ready to “sell your real estate”. I don’t mean applying a new coat of paint and trimming the hedges, although that certainly helps the sale price. I mean other things you might not have thought of. Here are 9 key things you need to consider when selling your house.
1. Your Finances
First, consider your financial situation. Where will you live after you sell your house? If you’re moving out to an apartment first, there will be a period of a paying rent if you are yet to secure a property to buy, can you afford that? You’ll need to have some extra funds put aside to help cover you for these periods.
2. The Price
Hand in hand with your finances, comes the price you want for your house. What you bought the house for and what you want to get out of it are irrelevant. What matters is the current real estate market in your community. An Estate Surveyor and Valuer will accurately tell you the true value of your home. Don’t ignore their recommendation and market the house at too high a price or you’ll put off buyers. Remember, those buyers have realtors who can tell them if a house is priced too high.
Don’t let your house sale be held up due to missing or incomplete paperwork, ensure it’s all in place from the word go. We have seen sales deals stalled because the seller who inherited the property from his late dad could not find the land receipt and survey plan of the property.
4. Your Realtor
You will have plenty of choices when it comes to choosing a realtor. There is certainly no shortage of realtors in your area looking to sell your house. After all, they earn a living off the commission. We at aanda can help you get the right buyer in record time.
5. Your Likely Buyer
When getting your house prepared for the big sale, consider your target market. Do you live in an area with a lot of young families or conversely is it mostly peopled by people who are looking at reducing the amount of space they currently occupy? Think about the likely buyer of your home and stage the house accordingly. If your property is a detached duplex and the area in an area where people want to rent 2 or 3 bedrooms, it might affect the time frame in which the property will be sold.
6. Finish Odd Jobs
Finish all of those odd jobs you’ve been meaning to get around to, from fixing leaking taps to cleaning, there is a lot of small things that you can do to make the house look a lot nicer when you sell it. Maybe put down some new grass if you have the space for that, etc. Those things don’t cost much but will make the house much more appealing to potential buyers. The houses which sell quickest are those which don’t need work done to them. Leaving small jobs undone, and potential buyers will worry what else you haven’t done.
A fresh coat of paint can do wonders to brighten up and refresh a dated home. Choose white or cream to maximize the sense of space, and to appeal to as broad a range of people as possible.
Nothing is a bigger turn-off to potential buyers than a dirty looking property – so get cleaners and start cleaning. The less a potential buyer must do, the more they can imagine themselves living in your property