If you’re in the process of selling your home or hope to put your home on the market soon, you might be wondering what factors you do and don’t have control over! It is well known that selling a home can be overwhelming and stressful, which may make you feel useless and like your not in control of the process. However, you as a seller, actually do have a HUGE impact on how the sale process goes. This article will examine four factors of a sale that the owner of the home can directly affect, as well as how to take advantage of those factors in order to have a quick and profitable sale.
As the owner and seller of your home, you have the control to price it. Before placing your home on the market, your realtor will perform a CMA (Comparative Market Analysis), which will compare the prices of other homes in your area. This will help determine how much your home should be priced.Pricing your home can be difficult: a home that is overpriced may be overlooked, while a home priced too low might lose you valuable profit. As one of the biggest factors of a home sale, choosing the right price will ensure that your home is competitive on the market.
This is one of the biggest responsibilities an owner has in the selling process. Before placing your home on the market, you need to make sure it is in the best possible condition to show. Declutter, de-personalize, and organize! Next, compile two lists: one with major fixes that will require a professional, and another list with minor fixes you are able to repair yourself. By cleaning your home and fixing the repairs, the value of your home will increase as well as potential buyers interested in your home.
Exposure and Marketing
Selecting the right real estate company and realtor is a key factor you do have control over when selling your home. This decision will determine how much exposure your home will receive and how.Therefore when selecting an agent, make sure you agree with their marketing and advertising plan. All homes are different so make sure it will work for yours. Check out a list of great agents here.
Your flexibility will determine how much access potential buyers have to your home. If you want to open your home to more buyers, be prepared to live in a staged home, which must be clean and ready to go at a last minute notice. The upside to this living condition however, is you may be able to sell your home faster!
When selling your home, it is easy to feel powerless in the process, however if you keep these factors in mind and take control, you may find yourself feeling less stressed and more confident about your selling process. So take control of the wheel and sell your home!