Ultimate Guide to Selling Your House

Square Real Estate June 22, 2023

 
Selling a house is a significant decision in your life, both financially and emotionally. Whether you're downsizing, upgrading, relocating, or simply looking for a change, the prospect of selling a property can seem complex and overwhelming at times. However, with careful planning and preparation, the right approach, and the right expert by your side, you can maximize your chances of achieving a successful sale.

This trusted guide from Square Real Estate will walk you through the essential steps to selling a house and provide valuable tips to help you navigate the real estate market with confidence. Read on!

Choose the right time to sell

Timing is truly essential when selling a home. Depending on various factors in your area, the real estate market may fluctuate. Typically, spring and summer show the most buyer activity, with more sales during these months. This doesn’t mean, however, that you should necessarily wait around for the “right time” to list your home on the market. Buyers in the so-called off-season can be just as serious about putting in an offer in many cases. Don’t be afraid to put up your home for sale whenever the time is right for your situation. Your trusted real estate agent is well-versed in effective marketing solutions and pricing strategies that get results no matter the season. If the timing is right for you, don’t hesitate!

Team up with an expert

Some home sellers decide to go the “for-sale-by-owner” route and go through the real estate journey independently. While this may save a bit of money on sales commission fees, it may come at the cost of stress and frustration. Paperwork, changing laws, and other concerns are the main reasons why 86% of home sellers choose to work with a real estate agent.

Partnering with a professional real estate agent can make a substantial difference in your selling experience, as you will have the best representation and advice on your side. Look for an agent with a proven track record, local market knowledge, and excellent negotiation skills. From open houses and navigating negotiations to inspections, closing documents, and everything in between, your agent will have your best interests in mind and can guide you toward your goals without all the stress of tackling everything on your own.

Prepare your house for success in the market

Before listing your home, it's essential to set the stage for a successful sale. You want your home to look as appealing as possible, with all its most compelling features front and center. Several steps are involved in creating an inviting space when selling a home.

First, tackle those minor repairs you may have been putting off. Replace that broken light bulb, fix the crooked door handle, and patch up any holes in the walls. In addition, freshening up the paint with a warm, neutral color is a great way to uplevel the sophistication of the space.

Enhance the curb appeal with pristine landscaping to make a lasting first impression on your buyers. Trim all trees and shrubbery, clear off the patio, and set up some gorgeous outdoor lighting. You want your home to showcase luxury from the moment your buyers arrive.

Clean every area of the property, from the countertops and kitchen islands to the bathroom tile, hardwood floors, and more. Let no corner of your home go untouched or forgotten — even the ceiling fans. Ensure the windows are sparkling and clear, all surfaces are shiny, and all carpets are vacuumed.

Removing clutter is essential, as miscellaneous and personal items distract your buyers from the main goal: falling in love with your home. Home staging also plays a significant role in attracting buyers and maximizing the value of your property. With successful staging, you can create a blank slate for your buyers to envision their happy lives within the space. Many sellers call in a professional to help stage their homes, ensuring the best possible results.

Price it accurately from the start

Determining the right price for your property is crucial to attracting potential buyers. Setting too lofty of a list price might scare off some buyers, but pricing too low means you could lose out on potential profits.

Don’t worry, though, as your agent has a solid pricing strategy up their sleeve. They will review recent home sales in the area to evaluate the prices of similar properties and determine an appropriate price point. Many factors, such as the property’s location, size, condition, and features, can significantly impact the sale price. Setting a competitive and realistic price will generate more interest from the get-go and increase the likelihood of a faster sale.

Marketing is key

To reach a wide range of potential buyers when selling your house, leveraging both online and offline marketing strategies is vital in today’s real estate scene. Online marketing tactics, such as real estate website listings, social media advertisements, and virtual tours, can showcase your property to a larger audience, allowing buyers to take a closer look at your home without leaving the comfort of their couch.

Offline strategies include more traditional methods, such as open houses, yard signs, and brochures. While they may not seem as flashy as their online counterparts, offline marketing methods are effective strategies for getting the word out about a listing. Your agent’s comprehensive marketing plan will ensure maximum exposure for your property to as many buyers as possible.

Negotiate like a pro

Receiving an offer is just the beginning. Negotiation skills are crucial when it comes to selling a house. Your agent will help you navigate the negotiation process, but it's essential to be involved and understand the terms and conditions of each offer. Negotiating can be tricky at times, especially with the back-and-forth with the other party. At every point, your agent will represent you and communicate professionally with the buyer and buyer’s agent. Remain open to counteroffers and work towards an agreement that leaves both parties confident in moving forward.

Seal the deal

Once you've accepted an offer, the closing process begins, which can be complex. The process involves multiple steps, such as inspections, appraisals, and various documents to sign, including contracts, disclosures, and title transfers. Be prepared for potential negotiations over repairs for common issues found during inspections. Work closely with your real estate agent and a reputable closing attorney or escrow officer to ensure all legal requirements are met. Be prepared for potential delays, and keep communication channels open to address any issues as they arise.

Trust the process and the experts

With over 30 years of experience, Square Real Estate has proven to be one of the premier teams in the Atlanta real estate game. If you’re hoping to sell your luxury property in the Atlanta area, contact the experts to get the best value for your home and achieve a winning sale.


*Header photo courtesy of Shutterstock



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