Tips For Selling As A First-Time Home Seller

If you are interested in selling your home, then there will be a measure of trial and error that will go into your home selling process. By following some simple first-time home selling tips, you can have a smooth selling process.

8 Tips To Sell Your First Home

#1 Know Why You Want To Sell
Why do you want to sell? What improvements are you willing to make? What is the minimum price that you will accept for your home? Once you have these questions answered, you can move into the selling process.

#2 Know the Numbers
If you are still paying on your mortgage, you need to call your loan servicer in order to know how much you have left on your mortgage. With this information, you will know how much equity you have when you are going to sell your home.

#3 Know When to Sell Your Home
Regardless of when you feel like you are ready to sell your home, you have to be ready to sell when the buyers are looking. As a general rule, the best time of year to sell your home is going to be at the beginning of the month of May. During this time, homes sell faster and they sell for more. Prepare your home during the winter in order to have things ready by the spring.

#4 Have a Selling Strategy
There are pros and cons to selling your own home or hiring an agent. You may want to save money and sell on your own, but that means that you are going to have to dedicate more of your time. Agents come at a cost, but they can alleviate much-unneeded stress.

#5 Do Home Improvements
Curb appeal is extremely important to future home buyers, so you may have to do some improvements to your home in order to make it look more sellable. If you need to do any major repairs on your home, decide if it is worth it, or sell your home “as-is.”

#6 Price Your Home To Compete
It can be difficult to find the perfect price for your home. If you are working with an agent, he or she will be a great resource, and if you are selling on your own, then do your own research when it comes to comparable homes, hire an appraisal, or use Zillow’s Zestimate to get an estimate of the market value of your home.

#7 Stage Your House
The future buyers of your home are going to want to see themselves in it, so make sure you stage your house well. Get rid of clutter and take down all your family pictures.

#8 Set A Specific Time For Showings
When you are selling your home, you are going to want to say “yes” to every potential buyer who wants to come to look at it. You have to be reasonable with yourself and your schedule. It is recommended to create a specific schedule for showings.

Do Your Due Diligence
The home selling process can be time-consuming and challenging, but it does not have to cause you undue stress. By doing your due diligence and working with the right professionals, you could have a highly successful sale.