Purchasing a home is undoubtedly a huge milestone in life, with a great deal of planning and preparation required for success. Choosing to sell a home is an equally important milestone which may arise before you decide it’s time to pack up and change locales. The prospect of selling your home may seem daunting from start to finish, with complicated and unrecognizable financial details like valuation and market trends looming overhead. However, there are simple guidelines which can ensure successful sale of your home. Connecticut’s Finest Movers not only provide professional assistance to you during your transition to a new home, but are also happy to share our tips to help you successfully sell your home.
The Initial Financial Assessment
You don’t have to be an expert accountant or financier to conduct your initial financial assessment, but you will need to realistically evaluate certain fiscal factors before listing your home for sale. Some details to consider include your remaining mortgage payments (if any), the possibility of a penalty charge, and the next step you wish to make after selling. If you wish to transition by buying a house directly after selling, you should look into the details of a new mortgage. If possible, get pre-approved for the mortgage for a new property. Preparation is key to successful selling within a reasonable timeframe.
Timing Your Transition
Sometimes you need to move on short notice and must seek to sell your current home as soon as possible. Ideally, selling shouldn’t take more than a few months, but it also shouldn’t happen much more quickly than that. Rapidly selling off your home is a good way to miss out on winning back a realistic percentage of original value on your home. Take time to examine how the housing market is behaving (or seek the guidance of a consultant, either formally or informally). Don’t rush, but be prepared to get the ball rolling with evenly spaced milestones. Your realtor will be able to help you meet these milestones as well, depending on what your situation requires.
Speaking of Your Realtor…
Professional realtors can be a major asset and ally to your selling process. Advocating for a fair price, and helping you put your expectations into the context of the current market is, essentially, their job. Once you’ve found a reputable realtor or agency which is well-established in your area, you will have the opportunity to sign them on. After this point, they will help you set your asking price and lead prospective buyers toward your home.
Prepare and List Your Home
A deep cleaning, thorough array of repairs and last-minute details like updating fixtures or adjusting lighting will let your home shine and increase the desirability to prospective buyers and viewers. List your home to sell and when you’ve successfully signed it over to the new owners, don’t forget to enlist help with moving to your new locale! For more information about transitioning to a new home and other moving tips and tricks, check out our blog.