Thursday, October 14, 2021 / by Alex Lee
If you're thinking about putting your home on the market, then you're probably excited to contact a real estate agent to discuss details. While that professional is going to be an important component of this process, here are some other things that you may need to take care of before you speak with a seller's agent:
Contact a Financial Advisor
Well before you sell your home, you'll want to consult with a financial advisor. Selling a home will likely be one of the largest financial transactions that you ever go through, and you need to be absolutely sure that you retain as much money as possible. Tax issues following the sale of a home can be complicated as well, and a financial advisor will make sure that you aren’t going to get into any trouble down the line.
Handle Important Home Repairs
Even if you aren’t planning on completely renovating your home, there are probably a few basic repairs that need to get taken care of. It will be very difficult for you to sell the property at a fair price if there are any major issues with the HVAC system, plumbing or electrical system. A certified home inspector can help you find and address any issues in the weeks leading up to your home going on the market.
Create a Transition Plan
Selling a home while you're trying to move all of your belongings can be a stressful task, and that's why you need to have a solid transition plan in place. Those who don’t already have a new residence may want to put some of their belongings in a storage facility. While you can leave some of your possessions in your current home, you should try to remove as much clutter as possible.
Consider Some Simple Home Upgrades
Sellers who want their homes to stand out from nearby listings should consider a few key upgrades. Investing a little money back into your home should increase its value and make it much more enticing to buyers. Some of the most cost-effective upgrades include fresh exterior paint, new doors as well as modern fixtures.
Look at Nearby Listings
One thing that some sellers do before reaching out to an agent is look at comparable listings in your area. This can give you an idea of what to expect regarding sale price and some things to consider when preparing your home to be sold. Having an idea of what you can do to improve the value of your home ahead of time may make it easier to sell.
Selling a house is always going to be an exciting, albeit stressful, moment in one’s life. If you want to make as much money as possible on your home, consider the tasks listed above before reaching out to a seller's agent.
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