It’s well known that moving home is one of the top stressors in life, but the process of selling a home doesn’t have to be stressful when you are well prepared and informed of what is in front of you. Being informed and educated on what the steps are in the process will lessen the stress.
Unless you’re an investor who regularly buys and sells properties, you probably haven’t sold a house for quite some time or if ever, if you are selling your first home! So what are some of the things you need to know about in the process of selling a home?
Firstly, be prepared to ask for help, you don’t have to do everything yourself. When using a real estate agent to sell your home, they will have experts to help you through every step, including the basics of decluttering and styling your home for sale. A quality agent will be well aware of the little things that you may need help with – so make sure you work closely with your agent and ask for help and advice.
Educate yourself on the current market. Is it a buyers or seller’s market? Is there an election coming up, or a major holidays, or perhaps the Reserve Bank is considering lowering or increasing the current cash rate. Each state and region will have its own market so it’s essential to find out how that will affect the sale price of your home, and most importantly how long it will possibly take for your home to find a new owner.
The price your home will eventually sell for isn’t set in stone. It depends on many factors, including current market conditions, what other properties are for sale in your area that have similar features or price range, the marketing campaign conducted by your agent and buyer demand.
A lot of this information is available through property data – something your agent will have a lot of, so it’s crucial that when you’re working with your agent, you understand the data behind the sale process. Ask questions, find out why, and most importantly trust the process.
And don’t forget to tick the boxes such as:
Declutter and store furniture you wish to keep in another location if possible.
Keep the home as clean and tidy as possible – even if that means keeping the dog outside for a few weeks or even better, go on that extended holiday you’ve always dreamt of.
Stick with your routines so you are as comfortable and healthy as you can be. Ideally, agree on a set weekly open time with your agent so you can prepare for this.
Don’t take negative feedback personally – some homes are just not everyone’s cup of tea. It just means the right owner hasn’t come along yet.
Keep communication levels high with your agent. A great agent will give you a lot of honesty, a lot of feedback, and will support you through every part of the process.
These are just some of the steps in the process of selling a home. Make sure you keep an open mind, work closely with your agent and most importantly, celebrate when the sale is finally complete!