The 5 main tips for sellers

If you're selling a home for the first time, you will realize right from the start that it is completely different from buying a home.

You are in control of the process, but as Uncle Ben said to Peter “with great power comes great responsibility.” That is my geeky side showing* You get to choose the listing price, accepting (or rejecting) offers, and a host of other factors

But you might want to take into consideration the following tips:

1. Hire an Agent that is familiar with your area

An agent that familiar with your area knows what buyers are looking for and how to market your property correctly.

2. Detach yourself emotionally

This is your home, the place you rest your head, the place that provides you comfort and protection from the outside world. The memories you made here will make it hard to emotionally detach yourself from the process and that can hinder how fast you sell the home. Instead of holding on, look at your home as the means for you to make new memories in a new home.

3. Overpricing

Due to the low inventory of homes on the market, you might think that overpricing your home won’t be a problem. The truth is that will leave your home sitting on the market while other homes sell. If you price your home competitively to what is on the market the possibility of multiple offers and getting your home sold above market value, is higher than simply listing it above market value from the get-go.

4. Stage for a quick sale

Declutter your home meaning get anything that is not essential to your home’s set up and put it in storage for example: extra furniture, pictures, and toys that are just taking up space. When the potential home buyer views your home you want it to be as open as possible to give them the opportunity to envision themselves in your home.

5. Always keep your goal in mind

When your agent presents the offers to you always keep your goal in mind. Do you want to net the most money as possible? Do you want to close as soon as possible? Do you want to offer as little upfront cash in closing costs? Also make sure your agent knows what your goal is that way when an offer is made that doesn’t quite fit your goal, your agent can advise you on how to negotiate the offer so it will.

Jovani Frank

Lions Gate Realty