If you’ve sold a property before or are selling a home for the first time in Lynwood, WA, the process can be confusing and sometimes full of unexpected obstacles. Just like buying a home for the first time, selling a home can be a hectic and lengthy process. The following tips will help you get a complete understanding of the process of selling your property smoothly.
How Do You Decide to Sell Your Home?
The way you choose to sell your home will determine all other aspects of the process, from the necessary preparation of the property to the selling strategy and the property’s value. It will depend on your goals and necessities; for example, if your priority and price are selling fast, you can look up homebuyers. If you want to wait for the perfect buyer, then a realtor could be your best choice.
#1 Real Estate Agent
The role of a listing agent or real estate agent is to market your property, prepare the necessary lengthy paperwork and communicate with the agents of prospective buyers. Some sellers opt for real estate agents because they guide incentives, local market expectations, and pricing in exchange for a flat commission. However, there are often other selling costs in addition to the agent’s commission, such as remodeling.
#2 Selling the Property On Your Own
Involves you as the owner managing all aspects of selling the home, from paperwork to marketing and scheduling viewings. While this option is not expensive, it requires a lot of effort and time. It can be frustrating for first-time home sellers.
The traditional selling journey can take a long time before you get your home sold, factoring in all the repairs, showings, uncertainty, and unsuccessful offers. Selling to a home buyer offers more security and convenience compared to other conventional options. Plus, you’ll be able to move at your own pace without having to put your home on the market and selling your house for cash.
#5 Set Your Asking Price
The price of your home can make the difference between regular offers and months of futility on the market. Strike a perfect balance between market conditions and your expectations.
You can find online tools that compare home values using current market data to provide an unbiased estimate of your property’s value. A competitive price can get your home moving quickly, while a high asking price can discourage many potential buyers.
#6 Prepare Your Home
You’re likely to get more offers and find it easier to justify your price if your home is in good condition. Take these steps into consideration so you can prepare your home for sale.
- Clear out
Decluttering helps your property appear spacious, clean, and ready to buy. Evaluate your home from a buyer’s perspective and clear out unnecessary items and furniture.
Organize a solid maintenance plan to ensure your home is kept in top condition until the contract is signed. Maintenance can include annual check-ups and minor fixes.
Decorating, in this case, involves making the house neutral. For example, painting neutral colors such as white provides a blank slate for prospective buyers and the opportunity to see themselves living in the house.
#7 Market Your Home
If you opt for a real estate agent, they will list your property in a listing service database.
#8 Negotiate Offers
Buyers interested in your home can make formal, written offers through their agents or directly to you if you are selling the property independently.
In addition to the offer price, here are some other elements to consider when evaluating offers on the house.
#9 Buyer Pre-approval
Offers should be accompanied by pre-approval letters and proof of funds indicating the buyer’s ability to close the deal.
#10 Closing Costs
Consider whether the buyer needs any closing assistance in the form of closing costs. Cash offers are more desirable in multiple offer situations as they do not require bank financing.
Sell Your House Fast With I Will Buy House!
If you are located in Lynwood, WA, and want to sell your house for cash, we guarantee you a quick sale with us. We are homebuyers willing to buy your house for a win-win price. Since 2015, our goal is to buy houses and make all the process for our clients easy, making ten steps become 3: contact us, you get an offer, and finally, get paid in cash. The question “how to sell my house?” can now be answered. I Will Buy House is the best option in Lynwood, WA.