5 Steps To Selling Your Home
Selling your home may involve a lot of processes, but if you do your homework and ask help from people who have experience and expertise, it is possible to sell your house on your own.
Below are 5 steps that you need to consider when selling your house:
1. Check Market Value
The first thing you need to do is assess the value of your home. The value will depend on the condition of the local real estate market of your state. Knowing the market value of your house will help you set realistic expectations about how much your property is worth. You can, then, price it fairly.
To do this, you can make use of home value estimate calculators online. You have to be careful, though, because not all of the calculators are accurate. You can check this calculator from Zillow.
2. Assess Your Home’s Physical Condition
The next step is to assess your home’s physical condition which will also help you determine a fair price. Unfortunately, there are no online tools in checking the physical condition of your house. This is where you can contact an expert to do so. You may contact a real estate agent or an assessor. These experts have the experience to let you know what you need to repair before you sell your house.
3. Do Necessary Fixes And Upgrades
At this point, you have to do the fixes that the real estate agent or assessor recommended. These fixes are necessary to make the home livable. It is alright to skip the house upgrades if they do not help in increasing the market value and price of your house.
4. Do Staging And Marketing
After the upgrades and fixes, you have to stage your home and do the necessary promotional activities to get it out there. This step will take quite a bit of your time because you have to prepare promotional materials and then get the house ready.
As a marketing strategy, you have to be open to open houses, changing your house’s design and décor, and constantly cleaning to make the house presentable. Other marketing strategies that you can apply are MLS listings, professional pictures, social media sharing, and video tour of your house.
It is possible to do it on your own, but marketing and staging is easier when you have an expert realtor working with you.
5. Have A Backup Plan
Even if you did all 4 steps flawlessly, you would have to wait before an offer comes in. Offers can come in at any time. You just have to be patient.
If you’re in a rush to sell your house, you can skip all 4 steps and sell your house AS-IS to an investor. Investors usually do not mind if the houses are in need of repairs or upgrades. They are also quick in making offers so the waiting time is a lot less.
If you’re looking for an investor in Minnesota, contact Gold Path Real Estate at 612-758-0071 today. Check out this blog to get some insight into what could be the ideal selling experience for you as the seller. Click below to get a free report on how to sell your home fast.
