Before listing your home, you have to make sure it is ready for the market. Unfortunately, some sellers make the wrong moves in their preparations and end up with their homes on the market for far longer than they expected. If you are planning to list your home soon, here are a few tips to keep in mind during preparations.
Be Realistic About the Listing Price
One of the biggest mistakes you could make when listing your home is asking for more than it is actually worth. As a homeowner, determining a realistic price can be challenging because you have an emotional attachment to it. Not to mention that you also have sweat equity in it. As a result, your vision can sometimes be cloudy.
Fortunately, there is a way to avoid this. Talk to a real estate agent to get a fair assessment of your home and to receive a suggested listing price. The real estate agent knows the market and is aware of what comparables are in the area. He or she also knows what features in your home will sell. The suggested price he or she offers is one you should seriously consider.
Do Not Go Overboard With the Renovations
Part of the selling process often includes making renovations to the home. In most instances, the renovations pay off. That is not always the case though. The reason for the renovation is to make your home more appealing. If you receive a poor return on the upgrades, your profit from selling your home can be diminished.
Before making any upgrades to your home, talk to your real estate agent. The agent can assess your home and make suggestions based on the features that are currently appealing to buyers. The assessment could save you thousands on the renovation.
Keep Your Home Ready to Show at All Times
Ideally, potential buyers will schedule tours of your home at reasonable times. This does not always happen. It is not uncommon for a seller to call and ask to see your home without more than a few minutes notice. Although it might be inconvenient, you must have your home ready to show at all times.
A great way to prepare is to deep clean your home before you list the house. After that, you and your family only need to maintain the cleanliness. To ensure you are properly prepared for drop-ins, have a quick clean plan that you and your family can quickly follow.