In order to successfully sell your own home, you need to know how to prepare and what to expect. To help you out with that, we compiled a list of key tips every home seller needs to know. Read on to learn how to promote your listing, get lots of buyer traffic, make as much money at closing as possible and simplify the selling process.
Price Your Home Right:
Pricing is probably the most critical step of your listing preparation process. To price your home accurately, you need to do some research to find out what comparable homes are selling for in your area. You also have to be careful not to let seller bias creep into your list price. You’ve built memories in your home that give it an intangible value that potential buyers won’t see. Instead of relying on emotions, you have to rely on research and market data to effectively price your home.
Use our free seller pricing worksheet to find your perfect price: Snag your copy here.
Promote Your Listing:
It’s up to you to get buyers to your listing, so you need to be proactive with your marketing efforts. While a for sale sign in your yard is a good start, you should tap into multiple platforms to promote your listing for best results. Be sure to tell your coworkers, family and friends that you’re selling and ask them to tell their friends, post your home on social media and encourage your network to share and add your listing to local classified sites like NextDoor and craigslist to reach a large local audience.
Make Sure Potential Buyers are Pre-Approved:
Entering into a contract with a buyer on the assumption that they’re being honest about their finances can delay the sale of your home. In order to curtail this possibility, make sure that any buyer you go to the negotiation table with is not just pre-qualified, but is pre-approved for a loan. By doing so, you’ll be able to quickly weed buyers who are serious and those who aren’t.
Selling your home is both a learning process and an adventure. Keep the above tips in mind to simplify the process and fuel your success!