First 5 Things Every Home Seller Needs to Do
Congratulations! You’ve made a huge decision to sell your home.
Here are the 5 most important things you should do, first.
Find your Realtor
I realize this sounds a bit self-serving, but identifying the Realtor who will guide you to sale experience that hits all of your goals is critical. The right Realtor will save you time, money, hassle and stress. The easiest and best way to accomplish this is to set the right things in motion from the very beginning.
Find out what it is like to list your home with DIGGS.
Consult your advisors
Most homeowners have two types of advisors, professional and emotional.
Professional advisors include your tax professional or accountant, your estate attorney, and your financial advisor. There are a number of consequences and benefits of selling your home and it is wise to plan ahead to get the most benefit.
Emotional advisors are the people who help you make difficult decisions. Even a logical, data-driven homeowner finds that selling a home is more nuanced and emotional than selling stocks or a used car. Setting aside the purely financial aspects, moving your residence is a huge change and most people find that change is stressful. Enroll your closest advisors early in the process will prevent them from objecting and adding stress later in the process.
It is normal to sell a home in “as is” condition in Glendale, CA. However, it is also normal for buyers to have the right to inspect your home prior to finalizing the transaction. If they find any defects, they will ask for a repair or a credit. You can always say “no” but that is not always in your best interests.
If you pre-inspect your home you can identify any necessary repairs and address them in your initial negotiations with an interested buyer. This is the time when you have the most leverage n the negotiation. If you wait until later you may damage yourself financially.
Prepare your home
You do not need to remodel your home in order to sell. In fact, many homeowners can sell their home with some simple de-cluttering and a cleaning.
However, it is true that you will make more money if you invest some time effort, and money.
Nail down your timing
I recently had a situation where the homeowner made assumptions about the place they were going. They assumed the place would be available for longer than it was and that they could move in prior to the sale of their current home. The entire process became unexpectedly very stressful toward the end.
Make sure you understand exactly what needs to happen before you can move into your replacement home. Then make sure you understand exactly when things need to happen! In most cases, your current home will close one to two days before your replacement home will close, sometimes even longer. If you don’t plan for this upfront you might be homeless for awhile!
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