You must know these 3 things regardless if you are selling a house with an agent, FSBO, or to a cash buyer.
There are so many things to do when you are selling your house. Fix this, clean that, remove all those things. However, before you embark on any of this you absolutely must stop and do this first step.
When selling a house you must absolutely have a plan
It may sound too simple. It may sound easy. It may seem unnecessary. However, it is not. Having a plan created by you is a must for the following reasons:
- Only you are 100% vested in selling your property
- You know what it is you need from the sale
- At the end of the day, it is your money
As the home-owner, you will work harder than anyone else to get your house sold. So it's up to you to know the plan.
When creating a plan you should talk to professionals to get their advice. You do not have to make the plan on your own. If you are selling with an agent have them help you.
So what should the plan include:
- Why are you selling your home?
- When do you want to sell it buy
- How much do need to get for your house to move on
1. Why are you selling your home?
You must have a clear understanding of why you are selling your house. Selling is a hard thing to do,. It takes a lot of time, energy and can cause a lot of stress. You must have a very good reason why you are selling otherwise consider staying put.
2. When do you want to sell your house?
This can be selling in the summer or you want it sold in a hurry. Depending on the season and the city houses will sell differently. It also depends on the type of home you are selling, and the buyer you are targeting. Blake O, a real estate agent in Denver, believes selling in the winter is a great time as buyers in the market are highly motivated.
Another consideration is how fast you need to sell your house. There are many options if you want to sell your house fast. If you find a great real estate agent they will be able to get it listed and sold very quickly. You could also sell to a cash home buyer.
3. How much do need to get for your house to move on?
This is all about understanding the value of your house. It is also part of the "why" you are selling. If why you are selling is because you need money then knowing how much you can sell your house for is extremely important, right?
A real estate agent can run COMPS to determine what your house is worth but I highly recommend you learn the process and understand how they came to that number./ With all the access to sales data today, it is easy for you to verify that they are correct.
Summary.
Selling your home involves a huge amount of money. Selling your home takes a lot of effort. Do not undertake this task lightly. Be sure to understand why you are selling and the entire process. Do not trust anybody blindly to do this for you. Make Kaplan and you will sell your house successfully.