4 May 2016

Mark Zawaideh

5 P's For Selling Your Home

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Home Selling Like a Pro

If you have decided to sell your home, it is important that you take time to get yourself ready to do so. Consider the 5 P's For Selling Your Home before you start the process: Plan, Preview Realtors, Price, Pre-List, Prepare.

Planning

Before you put your home on the market, get organized. It's suggested to create a plan for what happens before, during, and after the sale. Things you especially want to think about with this are how long you wish to wait before putting your home on the market and how much money do you want to try and sell it for? Consider what your home would look like from a home buying perspective. Also, what is your budget for your new home? Where do you plan on going when your home sells if you don't have a new home lined up or if your new home isn't ready? Putting together a plan with all of these things and staying organized throughout the process is crucial.

Previewing Agents

One of the most important things you will do during the selling process is choose a realtor. The agent you choose is going to be responsible for the sale of your home and making sure the appeal stays high. You will want to choose someone you can trust and that will be honest, driven, and compassionate. You will also want to choose a realtor with a proven track record of selling homes successfully. It is best to interview 2-3 agents to make sure you are choosing somebody that will have your home in their best interest.

Pricing

When it comes to pricing your home, you will want to make sure you ask your realtor for current market data for the area your home is in. Discuss the data with your agent so you can come up with the best price that makes sense and is not overblown. A price that is obviously too high will steer buyers away from your property, and if you end up lowering the price at a later time, this will also not look so good to potential buyers. 

Pre-Listing Tasks

An important pre-list task that you will want to have done is a professional home inspection. This way, if there are any issues and imperfections with your home, you can address them right away, fix them, and have your home that much more ready to sell. In addition, this will reduce the amount of conditional offers that you will receive.

Prepare

When you have all of the above completed, the last thing you want to make sure you do is prepare for each showing. Clean thoroughly, get rid of any clutter, put away any personal pictures or other items and add lighting where appropriate. Staging your home well is a key part of the sale. 

Preparing yourself to the fullest extent as a seller by considering the above suggestions will result in a quick and successful sale. Do your homework and take time to prepare!

Topics: Infographics