There are several things you need to understand when it comes to the home selling process. These are the important steps you should take.
Do you plan to move soon and need to sell your current home? Moving stands out as a part of life people need to tackle. However, doing so can pose some challenges if you never sold a home in the past.
Luckily, we have plenty of tips to help you with the home selling process. If you tend to ask “how long does it take to sell a house”, you can use these home selling tips to give yourself a general timeline.
We want to start by discussing the two most common approaches and then go over the tips that apply to both of them.
Choose Your Preferred Home Selling Process
There are two main ways to sell a house: sell it to a company or work with a real estate agent. Each one has some points you should consider, so we want to discuss them with you.
Sell Your House to a Company
If you want to sell your house as quickly as possible, you should sell it to a professional home buying company. By working with a company, you don’t need to consider various offers from different buyers. You can also send them the information and sell your home for cash.
By selling your home to a company, you can shorten the home selling timeline. This can help you have a hassle free selling process.
Work With a Real Estate Agent
You also have the option to contact a real estate agent about your home. By contacting different real estate agents, you can get his or her opinion on how to improve your home and boost its value. An agent can run a comparative market analysis for you to determine what the best list price would be. You can also have a listing agent handle the marketing process and find buyers for you on the real estate market.
If you want to see your options with buyers and offers and don’t mind how long it can take, a real estate agent might be for you.
Follow These Steps
No matter which home selling process you decide to go with, you must follow these steps to sell your residence and get the best deal.
Prepare For A Home Inspection
As you get your home ready for a sale, you need to prepare for the inspection. Usually, a company or buyer will want a way to check your home, so you need to get your home ready for this inspection.
For example, you should clean all the rooms in your house before the inspection.
This includes cleaning all the areas people want to get a proper view of, such as your kitchen, bathrooms, and bedrooms. On top of that, you should also clean the outside of your house to make it presentable. This involves working on your lawn, cleaning off any dirt from the sidewalks, and removing overgrown plants.
This will take some serious time and work, but putting your home in the best condition will help you increase its value.
Plan for the Home Viewing
Once you get your home ready, you need to prepare for viewings. This will include either taking pictures or having people visit your house. Depending on which one you plan to do, you will need to take a different approach to the situation.
For example, if you plan to have visitors, you will need to leave your home while they look at it. If you need to take pictures, you should have people stay out of the way and keep the home cleared as you or someone else take them.
Once you follow these steps, you can listen to the offers for your home, but how do you know if you got a good deal?
Research the Local Prices
If you want to make sure you get the right deal for your home, you will need to do some research.
The research process will involve doing an online search for homes in your area. You should search for homes with roughly the same number of bathrooms, bedrooms, and square feet as yours. By looking into homes of similar sizes to your own, you can get an idea of how much you should sell your home for.
You should also pay attention to the housing market in your area. Sometimes, homes will increase and decrease in value, so you must keep that in mind when you look into them.
Since the housing market will constantly vary, you should look into past sales along with current ones.
Consider Your Offers
Once you get offers from buyers or a company, you need to look into the information you have. This includes considering the current selling prices for homes near you and ones in your area around the same size as yours. By looking into this information, you can see if you should go with the offer.
Keep in mind offers can vary based on different factors, such as the condition of your home or important amenities. You don’t want to get ripped off, but you should be realistic about how much money you will get.
You also need to consider how they will pay you: for example, a business willing to pay you upfront might be a better deal than someone who needs to get a loan.
Get Everything in Writing
When you are selling a house, you must get everything in writing.
This includes stating how much money they must pay you, including all rights to the home, and any other important details. Make sure you look into your local laws to determine what you need to have in writing when you sell your home.
You also must give the deed of the house over to the buyer and sign the legal documents. As you do so, you can verify the sale, allowing everything to go through smoothly. You may need someone to write the document for you, such as a real estate agent or the company you plan to sell the home to.
Get Ready to Sell Your Home
Selling your home can involve some difficulties if you haven’t done it in the past. Luckily, you can take advantage of these steps to sell a house to make the process easier for yourself.
Make sure you keep these steps in mind to make the home selling process smooth and simple. If you want to quickly sell your home to a company, you can contact us with your questions.