Are you on the move next year? Major life changes are big decisions usually planned out ahead of time. If you are selling your home, you’ll want to start preparing, well before the listing day.
Taking action now and mapping out a plan can lessen the stress of the process and help position you to attract buyers later. If you have lived in the home for decades, preparing ahead for such a big financial and emotional transaction will help enable a quicker and more profitable sale.
Before you spend money in preparation by committing to upgrades and improvements, get to know the market and speak to some experts.
Your local agent is your new best friend
Long before you need them, your local real estate agent can be a valuable resource. Experienced realtors suggest developing a relationship well before the time to move. This real estate professional can guide and advise you as you learn the market and prepare your home for sale.
Ask your local agent to assess your home for salability. They will be perfectly positioned to know what buyers look for and can suggest useful improvements that will boost your home’s value.
A good agent will be the knowledgeable expert in your area, providing you with resources like service providers, painters and inspectors. You can then schedule any upgrades and improvements over the period leading up to the sale.
The payoff for the agent providing all this helpful information, advice and assistance on an ongoing basis, will be the hope of handling the eventual sale.
Get your property inspected
You can have a licensed property inspector evaluate your home’s major systems and components. Because this can be done up to two years before you list your home, it allows latent faults and flaws to be corrected before the sale.
By addressing any issues upfront, you’ll avoid some unforeseen problem coming to light just weeks away from closing when everyone is ready to move.
Plan and execute
Now that you have a clear picture of your home’s condition from the agent and the home inspector, you will be able to plan a line of attack and draw up a budget.
This will be the time when you replace leaky gutters, fix roof tiles and pave the walkway to the front door.
Your agent will probably have suggested some cosmetic improvements too. Plan to tackle each project ahead of time to eliminate last-minute stress and get to enjoy the results – for at least a few months.
Spending the extra time and money will ensure that your property attracts mainstream buyers and passes the buyer’s property inspection. Nowadays, buyers need houses that are ready to live in. They don’t have the time or the means to tackle a fixer-upper.
For the seller, moving from a long-time home is an emotional and stressful process by itself. Preparing for the eventuality long before the day arrives gives you time to adjust. Don’t leave it until the last minute. Start now to get the best results out of selling your home, both personally and financially.