Approximately 52% of people who purchase homes find the houses online, so it seems that selling a house is easier when you list your home online. If you want to sell your home soon, you might want to keep this in mind.
Selling a house is not something you can instantly do, though. It takes time to prepare for selling a home, and it takes time to find a buyer.
Are you ready to sell your house and interested in learning the steps to selling a house? If so, here is a comprehensive guide to help you know what steps you must take to sell your home.
Consider Your Motive for Selling
Home selling is a big event, and people typically don’t sell their homes unless they have a reason for it. What’s your reason and motive behind wanting to sell?
Thinking about your reason is vital when learning how to sell a house. After all, why sell it if you don’t really need to or want to?
For some people, selling is something they do to upgrade to a bigger house or downsize to a smaller one. Others sell because they need to get out of the loan they’re in.
It doesn’t really matter what your reason is. The important part is that you have a reason for selling.
Additionally, it’s important to have a plan for moving. After you sell your house, where do you plan to live? Do you plan to buy a new house, rent a place, or move in with someone?
Thinking about these things is essential as you start planning your sale. Once you determine your reason and motive, you can start working on getting ready for the sale.
Complete Home Improvement Projects
The process of selling a home often begins with completing the necessary home-improvement projects. As you look around your house, what does it need? Would people like it the way it is, or does it need some work?
Some homeowners have homes that are basically sell-ready, which means the houses barely need any work. Others, though, need to invest some money into their homes before selling them.
For example, if your home has building-code violations, you’ll need to fix these before listing it. If your home has major damage in it, you’ll probably also need to fix these areas.
The benefit of doing these tasks before listing it is that you’ll have a larger buyer pool. Another advantage is that you’ll probably sell it for a higher price.
The downsides of completing these projects are time and money. It costs money to fix things in your home, and it takes time to complete the projects. An alternative is selling your house as-is, which requires no work, but results in a lower sales price.
Declutter and Clean Your House
After working on the projects your house needs, you can move on to the next step. The next step involves decluttering and cleaning. You shouldn’t list a home that is full of clutter, or that is dirty and messy.
The process of decluttering often takes a lot of time, depending on the house. When you complete this step, though, you’ll have a house that looks more appealing. You’ll also have a house that is desirable to more people.
Therefore, it’s worth the time to get rid of things from your house. It’s also worth the time to clean your house so that it’s spotless. A spotless home is more attractive than a dirty house and will result in a higher selling price.
Choose a Method for Selling It
When you prepare your house the right way, you’ll be ready to sell it, but you’ll have to decide how to sell it. While many people believe that there’s only one method, there are actually several ways to sell a house.
The first option is selling your house for sale by owner (FSBO). You can save money on commissions with this method, but you’ll probably have trouble finding a buyer.
The second option is using a real estate agent to list the house on the market. The nice part about this is that the agent performs all the necessary legal steps to selling a house for you, leaving you with fewer duties.
The downside to selling through an agent is the commissions you must pay. Most agents charge around 6% of the selling price, which amounts to a hefty cost.
Another option is selling it as-is to a real estate investor. If you want to sell your home fast, this is the method to choose. Selling to a real estate investor is the fastest method and the easiest option.
When you sell through this method, you can skip all the steps listed above. In fact, you won’t have to do a thing, except for packing your things and moving out.
List It and Wait for a Buyer to Come to You
If you choose to sell your house through an agent, your final step will be waiting for a buyer to come to you. Your agent will advertise your home listing, and people will contact him or her for information.
You’ll eventually sell your house through this method, but it will likely take some time. When you find a buyer, they might ask you to do more work around the house, and they might ask for other things.
Selling a house through an agent usually results in a sale, but don’t forget that you’ll have to pay a commission for the sale. If you sell your house to an investor, you will not pay a commission. Instead, you’ll keep all the money from the sale.
The Steps to Selling a House Are Critical for Your Sale
The steps to selling a house are vital if you want to sell it for the highest price and find a buyer quickly. There are alternatives, though, that you might also want to consider.
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