Monday, 21 March 2022

Dos and Don'ts of Selling Your Home


Selling a home is extremely frustrating because you're trying to convince people to want something you simply don't want anymore. It's important to remember that there are many ways that a buyer will consider whether a property is the right fit for them or not, so these dos and don'ts may not be for every home!

Do Stage Your Home

Staging your home is the best way to ensure that your property sells as quickly as possible for as much money as possible. Not only do staged homes generally sell for higher than the asking price: ninety percent of staged homes sell within eleven days of hitting the market. So although it can cost money to rent the furniture from a good staging company, it's worth it.

Don’t Lie or Mislead

It’s illegal to lie about your property: so make sure, to be honest. For example, although some states don't require you to disclose whether or not a property has flooded if your buyer straight out asks, it's vital that you're honest or that you simply say you don't want to answer so that they don't try to sue you later.

Lying about any part of the property can ruin your home's value, and if you're caught before closing a deal, it can kill the deal that could have happened otherwise.

Do Be Open About Damage

You must be as honest as possible about a property. This means that if your back yard floods regularly, or if you have a problem with someone spray-painting the side of the home every couple of months, it's a good idea to mention it. Although this might hurt your chances of selling quickly, the right buyers will respect your honesty. In addition, this will stop you from eventually possibly getting sued or having to deal with them leaving the deal last second.

Don't Scare Them Away.

Honesty is key, but don't be too aggressive with it. Listing off every single thing that's ever gone wrong with the home is going to make it so that you never have to use a seller closing costs calculator. So key them in on the important things, or at least list it on the home listing online, but don't go reading off every property flaw to anyone who glances its way.

The HOA Can Be a Win/Lose

Although you may love your HOA, or it could be why you're considering selling: everyone will have a different opinion on them. If buyers ask about your HOA, be honest and remember to mention that you benefited from it at least one time. Whether this is because it helped you find community in your neighborhood or it stopped your neighbor from building a privacy fence around their backyard, make it clear that an HOA can still benefit you even if you don't like it.

Selling Your Home Doesn't Have to be Hard.

You can bring in a ton of money by selling your home: but it's important to remember that this is a process that takes months. So please don't be impatient with it, give it time, and price your property correctly.

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