If you are new to real estate and want to test the uncharted waters, there is one thing you need to do; understand the timeline. The time frame that you use to sell your home is critical to the value of your house.
Every person that engages in real estate has a different timeline, but if you are confused on where to start, you can consider the following steps:
Choose a date
You need to first decide on when you want to sell your home. The decision will be influenced by the urgency of selling the house. In the world today, there are naysayers, and if you listen to them, you may miss a very great opportunity. Everyone has an opinion on the right month for listing your home, and they all have justifiable reasons. But, instead of focusing on ‘chicken little,’ you need to use the Multifamily Leasing Technology. You will receive all the information you need on market trends. Make your own analysis before choosing a date.
Research the market
This should be done two months before the listing date. Take time to compare the prices of the properties in your local market. Visit some of the open houses to get information on how to increase the value of your home for a quick sale.
Get a real estate agent
Working alone is detrimental to the success of the project. You need to have experts on your team, and a real estate agent is the right man for the job. You can start meeting with potential candidates six weeks before the listing date. Asking for recommendations from your family and friends is a good place to start. You can also use the real estate boards to get contacts or the Multifamily Leasing Technology.
Once you have chosen the right person, you can sign the listing contract and start working.
Fix the house
Fix all the leaking pipes, replace the broken windows, and paint the house, etc. basically, you need to do what needs to be done to get the house presentable.
It is recommended that you move out a month to the listing of the house. You should inform your neighbors about your plans to move out.
It is time to get the trucks to help your carry your personal items. Clean off the house once you are done.
What is your financial status?
Two weeks to the listing you can visit the bank to discuss your financial situation. What options do you have when it comes to your mortgage repayments? You need to know how much you owe so you can determine the repayment process.
After you have fixed the house, you should take pictures of the house. Keep in mind that different angles will present the house differently. If you don’t know about real estate photography, hire a professional. The clients will be attracted the photos displayed before they can develop the desire to see it physically.
Market your home. Your agent should help you in creating an excellent description of your property.
Make sure that your house is listed on all the major real estate websites. Don’t rely on the online marketing alone. Take advantage of the flyers and posters.
Keep an open mind during the process. You may sell the house immediately or not.