9 Things you need to know before selling your home
Around this time of year, the market for selling your home picks up. If you are thinking about selling a home but don't know where to start, here are a few things to consider according to The Kite Team:
- Market Research- Our website provides you with current Market Statistics for your area based on what county, property type and the number of bedrooms in the home. These categories affect the price of your home. To find the right price for your home, you need to know what is going on in your area.
- Current Interest Rates- Knowing a little about mortgages prior to purchasing your home can reduce your anxiety. Here are a few things that will ease the process.First, having perfect credit is not always required. FHA will insure loans for borrowers with less than perfect credit. This makes homeownership more accessible to first-time homeowners. Second, buyers do not always have to put 20% down on a home. There are loan programs that have down payment requirements as low as $0. (VA loans).You should always talk to a knowledgeable loan officer about your loan options. They can counsel you on down payment requirements and closing costs.
- Let us help you!- We will ensure that your selling process is smooth and painless. Our marketing strategy is intense and we sell around 1 home every 18 hours. This past year we have sold over 500 homes.
- Stage, clean & depersonalize- When buyers look at your home you want them to envision their life there and that may be hard to do if there are photos of your family, or your clothes lying around or your dirty dishes in the sink. Make it an inviting place to stay.
- Repair- When you receive an offer on your property the next step is inspection and you don't want to lose a buyer because there are too many things that need to be done. So, make sure your faucets are not leaking, your roof is in decent condition, there aren't cracks in your foundation, no water damage anywhere, and check to see if all kitchen, bathroom, and outside outlets are ground fault circuit interrupter (GFCI) outlets.
- Be prepared for showings- Before leaving for work every day make sure your beds are made and your dishes are done and your laundry is picked up. At any time, you could have an appointment scheduled and you don't want to have to cancel because you don't want to lose that buyer. If you work from home or happen to be home our biggest policy for showings is that you cannot attend showings. Let the buyers fall in love with your home on their own they don’t need to be accompanied by anyone but their agent.
- Follow the criticism on your feedback- When agents show your property, they are asked to give us what the client thought of the home. There are some things that you do have control over that you can change for potential buyers. You are trying to please the majority and sometimes your taste might be that. There is nothing wrong with that but that may mean you must paint a wall or two.
- Disclose, disclose, disclose- When selling your home, make sure that you tell your realtor everything they want to know. When you list a home with us we want to know everything from what upgrades you have done, to what the name of your dog is. The more information we know the easier and more accurate the listing process will be for you.
- Be willing to adjust-Whether that be the color of your living room to declutter your master bedroom for showings. If you need to take your dog’s somewhere for a showing you need to do that as well. The adjustment of physical things in your house and the adjustment of price can put you over the edge for an offer. Make sure that you understand that the market is fluid and you need to be just as flexible.
Blog post by Taylor O'Neill