Are you thinking about selling your house? There are some things you need to consider first.
Selling house and moving is almost never a simple process. The work that goes into getting your ducks in a row can take weeks and that’s before you even put it on the market. If the stars don’t align, you could be waiting months for the right buyer.
But if you need to move, then you’ve got to get the ball rolling. In this post, we’re going to tell you 5 questions to ask yourself before selling your house. The more you know beforehand, the smoother this process will be.
1. When Is the Best Time To Sell?
You can sell your house at any point in the year, but there are definitely times that will help you sell your house quicker, more easily, and for more money. Selling in the spring and summer is usually the way to go and things tend to slow down quite a bit when you enter fall and winter.
Data shows that you could make as much as 9% more on your home if you put it on the market in May, June, or July.
2. What Are the Costs Involved In Selling House?
Can you actually afford to sell your house? You might think that selling a home will make you money, but there are upfront costs that you need to account for.
You need to have professional pictures taken, bolster your home’s curb appeal, potentially hire a home stager and/or make repairs to make it more desirable, and pay for closing costs once you actually sell. This stuff adds up, so be sure you’ve got enough money in the bank to cover everything that you need to do.
3. How Long Does It Take to Sell a House?
If everything works out, it might only take a couple of weeks to sell your house. In reality, however, there are numerous factors that affect how long a house will remain on the market. Some of them, like the condition of the home, how you market the home, how much you list it for, and when you list it, are in your control.
Other things aren’t. The housing market where you live and the quality of your neighborhood can greatly affect how long it’ll take to sell. If you’re in a hurry to sell, you may want to sell your home as is to a home buyer.
4. Should I Make Repairs?
Many home buyers will want a house that they don’t have to put much work into. If you want to broaden the pool of potential buyers to try and sell faster, then you should make sure that there aren’t any glaring issues with the home.
It’s a good idea to take care of small cosmetic issues because this is what the buyers will first notice when they see your home. If the inspector finds any large-scale damage, you’ll want to take care of that as well.
Selling House Doesn’t Have to Be a Nightmare
Selling house and moving can be a daunting task, but it doesn’t have to be. Think about what we’ve discussed today and prepare yourself for putting your home on the market. If you prepare well, there’s no reason you won’t make a sale quickly and for a great price.
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