When you’re thinking about selling your home, you may feel overwhelmed contemplating all f the things you have to do. While selling a home isn’t easy, and it doesn’t always happen quickly, it’s a task that you can complete successfully if you have the right mindset and approach when starting. Use the tips and tricks in this article to make sure you’re fully prepared to do everything it will take to sell your home.
1. Get an inspection before you list your home
Before you close on your home, your buyer will likely order their own inspection. If there’s anything structurally or foundationally wrong with your house, the buyer will learn about it and will have a chance to walk away from the deal, assuming the contract includes an inspection contingency or an option period. When this happens, it can be shocking and frustrating for you as the seller. One way to avoid any surprises from the buyer’s inspection is to order an inspection of your own before you list your home for sale. This gives you a chance to learn ahead of time about any repairs or maintenance that needs to be completed before you can sell your home. You can either complete these repairs yourself, or you can disclose them when you list your home so that any potential buyers are aware.
2. Complete the right upgrades
Not all upgrades are worth your time, money, and energy. There are some things you could do to your home that might make sense if you’ll have the time to enjoy them yourself, but they may not provide the ROI that you desire or expect. When you’re thinking about potential upgrades, start by considering minor kitchen or bathroom renovations. Some studies show that these projects can provide a full return on the upfront cost, if not slightly more than what you spent. In addition, buyers of homes for sale in Glendora often ask questions about a home’s energy efficiency and outdoor living spaces. It’s easy to make a home more energy efficient by replacing older, outdated appliances with newer models that don’t cost as much to operate. You can also improve your home’s insulation by repainting the exterior, replacing the garage door, or purchasing new windows. All of these additions can lower the cost of heating your home during the colder months or cooling your home during the hotter months.
3. Make a plan for where you’ll live next
Unless you’re selling a second or vacation home, you’ll need a place to live once your home sells. Some people will choose to buy and sell a home at the same time. This involves more work and may not be financially possible for everyone. If you go to your lender to apply for a second mortgage, the first thing they will want to know is how long you can make both payments before it becomes a significant financial burden for you. If you’re going to wait to start shopping for a new home until after your current home sells, you’ll need to have a plan for where you’ll live in the meantime. You could rent a property on a short-term lease, or you could negotiate a rent-back agreement with the party who is purchasing your home. Keep in mind that these types of agreements can usually run for a maximum of sixty days, and some buyers may not have interest in this type of deal.
4. Get creative when marketing your home
If you’ve sold a home before, you’re probably familiar with common marketing strategies like putting a sign in your front yard or listing your home on the MLS. There are a few additional steps you can take if you want to go above and beyond when listing your home. For starters, many sellers benefit from running a promoted ad campaign on Facebook. Facebook offers packages that cost only a few dollars a day and will allow you to target certain age demographics or people within a certain distance or radius of your home’s address.
Another newer trend is including videos with a social media post or online home listing to give potential buyers another way to interact with your home listing online. Because of social media platforms like TikTok and Instagram, many people find it easy and enjoyable to engage with short-form video content. You can create a video tour of your home, or you can use a video to promote an upcoming open house.
5. Price your home in the sweet spot
Pricing your home is both an art and a science. To price a home well, you should take care not to price your home too high or too low. If you price your home too high, you create risk for yourself (and the buyer) even if you can agree to a deal. For starters, if the home doesn’t appraise, your buyer may not be able to receive the necessary funds from their lender in order to purchase the home. In addition, if you don’t generate enough interest at the initial asking price, you may have to lower your price later on. When buyers notice the price drop on your listing, they may wonder if you discovered that something was wrong with the home after you first listed it. You would rather not have to answer these questions or overcome this obstacle when working with homes for sale in Glendora.
6. Work with a realtor you can trust
Many people who buy or sell homes in the San Gabriel Valley trust Albert Pasillas to help them handle their transactions. Albert has been working as an agent in the area since 2005 and has earned the trust of countless individuals for his insightful business model and his efforts to always put his clients first. Albert would be honored to have the opportunity to guide you through the entire process of selling your home.
