When you decide that it’s time you sold your home, things can get complicated, especially if you’ve never done it before. You wouldn’t believe just how much time, preparation, and nerves you’re going to need if you’re hoping to get things done well and in a reasonable amount of time. It can also be very emotionally challenging seeing a bunch of strangers walk into your home and start opening your drawers and cabinets. If you’re planning on selling your house in the future, here’s what you should keep in mind:
Research the market
In order to get the best price and to sell your home as fast as possible, you need to be thorough and do some research first. The Australian real estate market is rapidly expanding, and there are many things to pay attention to. Laws and regulations can differ from one county to the next, let alone between different cities. This is important when you think about renovations and home upgrades you (or future homeowners) are planning on making. Research different parts of your city: Sydney, Melbourne, and Perth have different regulations, and it’s best to be prepared.
Know the perks of your neighborhood
When potential buyers come over to take a look at your house, it’s important to give them some additional information they might need. What are some of the best schools in this part of NSW? What malls are close? Do bus lines stop nearby? Are parks nice enough for a family with pets here in Northern Beaches? Of course, you can’t be expected to know everything, but telling people what you like best about your neighborhood and area, what are some nice places to go for a walk or a lunch, and information about public transport access will leave a good impression and might help them decide to buy your house.
Hire an agent
You might think that you can do everything alone, but selling a house is more difficult than you might think. It’s difficult to decide what price is the best, so find a good real estate agent in Northern Beaches to help you out. They will help you find and set a price that’s not only fair but also competitive, and this is the key when you’re hoping to sell your house quickly. Not just that, but they will also do most talking with potential buyers, allowing you to keep your cool and emotional distance, and also weeding out those who aren’t serious about making an offer. Best of all, experienced agents might even help you get more money than you thought at first, and they know their way around paperwork.
Keep your distance
You are no longer looking at the place where you spent happy moments; instead, you’re a businessperson with a real estate to sell and earn some money. You are a home seller, not a homeowner, so try to focus on finances and transactions instead of on emotions. Try to think back to the time when you were looking for a home to buy and look at your house with a critical eye. Make plans to do some renovations – new windows to keep away the heat of the harsh Australian sun, a fresh coat of paint on your house exterior, and new plants for your garden. It will make your home look different to you and more appealing to potential buyers.
Set a fair price
Speaking of prices, you have to take a deep breath and set a price that’s both realistic and fair. You will never be able to get as much money as you think your home’s worth, but it doesn’t mean that you will end up feeling robbed. Buyers will offer an opening price they see as fair, but it doesn’t mean that’s the end. If you set a low price, it might attract more buyers to your house, so underpricing a house is, in fact, a good strategy which will help you generate more interest in your house. And don’t worry – you can always refuse an offer that's you believe is too low.
Taking time to prepare for a home sale is necessary if you want it to be successful. There are many things you need to take into account – not just the physical state of your house and how valuable it is, but also your emotional state. You don’t want to end up too emotionally drained so that you can’t even rejoice after your house has been sold. Avoiding first-time home seller mistakes is easy when you know what to look out for, and we hope we have helped you out.