At LOCATIONS estate agents, we understand that the decision to sell and who you appoint to sell your home is not a decision to be taken lightly.
After all, your home is your castle and one of your biggest assets so it’s important that you do it right from the start.
Here are a few tips you may want to consider before you decide to bring your home to market and entrust the sale to your preferred agent:
- What is your motivation to sell?
- If you are moving town, what are your time frames?
- If you don’t need to sell, what are your plans for the property in the short, medium and long term?
- When do you think you will move house and why?
- Have you spoken to your bank/broker, accountant or financial planner about the selling process and any financial, tax or associated considerations before you list the property for sale?
- If you did sell, what price would you need to move?
- If you could move tomorrow, what price would you sell for to make the change?
And if you do decide the time is right to list your property for sale, here are a few more tips about starting that process:
- Contact your preferred agent to appraise your property for sale in the current market. Ask them about what sales range your property may achieve, as well as what you can do to present the home to attract a timely sale for the best possible price.
- Complete any repairs and maintenance that need doing. This may cost you upfront but it can save you thousands when it comes time to negotiate a contract price. The idea here is to leave nothing for the buyer to pick out and subsequently discount your asking price if they are interested in buying the property. If this is not possible, provide quotes for prospective buyers and price your property accordingly.
- If you can, obtain a valuation – most contracts will be subject to finance in which case, the bank will order a valuation. This will help you gauge an appropriate selling range for your home in conjunction with the sales agent’s appraisal.
- Visit other open homes of properties similar to your own to get a feel of buyer activity, interest and pricing in the current market.