Step 1: Reason
is often more emotional to sell a home than to buy a home, and the reason for
selling your home may be a determining factor in the urgency of the sale. The
urgency may also have an effect on the price of the property.
is important to take the following factors that can influence the sale of your
home into consideration:
Step 2: The Cost of Selling
is very important to first calculate the expenses that may be incurred while
selling your home. This knowledge is absolutely necessary because it helps you
to determine a good price for the house, as well as your potential profit.
cost of selling your home may include things like commission to be paid to the
licensees, taxes, advertising costs or specific reports, such as a COSA,
appraisal or as-built.
Step 3: Price
most important factor when putting your home on the market to sell is setting
the right price. The price at which your property is marketed can make or break
Over-pricing of the property may result in:
prolonged stay on the market that will result in lower offers being submitted
Under-pricing of the property may result in:
losing money on your investment
offering an even lower amount due to a negative perception of the property or
Step 4: Location
you cannot do anything about the location of your property, it plays a very
important part in the marketability of your home. So, it is important to take
the following into consideration:
Is your property priced
in relation to other offers in your area?
Step 5: Condition
of Your Property
condition of your property is always a factor in how quickly your home sells.
It's a fact: acquiring the highest market value and elevating your home above
the others in the same price range often comes down to first impressions. Here
are some inexpensive ways to maximize your home's curb appeal:
grass cut and yard clutter to a minimum.
fresh paint to any wooden fences and your front door.
windows inside and out.
paint your home's exterior.
gutters and other exterior fashions are firmly attached.
Step 6: Staging
you know well-placed furniture can open up rooms and make them seem larger than
they are? Or, that opening drapes and blinds and turning on lights make a room
seem bright and cheery? It's true, and here are some inexpensive ways to
highlight your home's best features:
paint walls and ceilings.
flooring and fixtures - lights, fans.
all plumbing leaks.
excessive wall hangings, furniture and extra personal goods.
all lights and open the drapes during the daytime.
quiet background music and infuse your home with a comforting scent.
the property when and if it's being show to prospective buyers.
Step 7: Accessibility
your home ‘show ready’ and accessible for showings will be key in selling your property