How to Easily Sell Your Property in 2021
- At May 25, 2021
- By Allen Brown
- In Maine Real Estate
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Need more space? Feel like downsizing? Relocating for employment? There are loads of different reasons that lead people to sell their homes. It tends to be a process that is stressful both emotionally and financially, especially if it’s your first time selling a house.
Nowadays, almost all tasks usually conducted in person have been impacted by the toll of COVID-19. This means that tasks like house viewings and valuations have both moved to be virtual in many cases, and this added layer of complexity can make the sale of a house even more daunting for many.
If you happen to find yourself in any of the aforementioned situations, here are some tips to make the process of selling your house in 2021 easier.
Look Into Market Trends
To enter the property market as a buyer, it is important to be aware of market trends, even more so the case when you are doing so as a seller. The factors you’ll want to research include:
- How many properties are for sale in your area?
- What are the average prices or homes similar to yours?
- Are the properties on the market inferior or superior?
- Is there more of a surplus in demand or supply?
There are many more details one could consider, but they are all of equal importance. Doing adequate research surrounding these aspects will allow you to then base all of your following decisions accordingly, helping you ensure that you are well aware of what you should be aiming for and where you stand.
Set Your Price Right
The price you set in the right bracket is one of the most important decisions you will make when selling your home. Setting your price high because you believe your property is worth it or setting your price low because you feel like your house is inadequate, for example, are both unwise decisions.
You’ll want to base your price around the average range already evident for homes similar to your own locally. You can then compare which additional benefits or drawbacks your property possesses, upon which you will be able to make any changes in the price you will be asking for. This is a step where you will especially want to take your time because once your home has been viewed for a specific price, it can be very difficult to shift away from that price point onwards.
Consider Online Services
Though valuations and viewings are traditionally done in person, these days, especially the online side of things, has risen to record levels of popularity. This is both due to its general convenience and effectiveness, as well as the fact that in some places, people aren’t allowed to leave their houses at the moment.
Some online property sales services can even offer comprehensive packages, with everything included from initial valuation, to price negotiations and closing your sale. If you’re interested in learning more about these all-inclusive online services, then click here to get more information. This is one of the only options that allow you to sell your house with the click of a few buttons, all from the comfort of your own home.
Assess Possible Changes & Repairs
One of the best ways to boost the chances of your house attracting more prospective buyers is through repairs and minor upgrades/changes. Almost all houses, whether new or old, are bound to show some signs of wear and tear or just simply have some aspects that need tweaking to suit what’s on-demand.
Walkthrough and around your home; take notes of anything which seems to require repair or renovation. Specifically, look for things like chipped paint, loose hinges, or missing roof tiles. With regards to making upgrades, small things like new lamps, new colored walls, or even decluttering your home can boost your chances of securing a buyer significantly.
Prepare For Moving Out
Although it may not seem like something that is a priority when selling your home, preparing yourself for the moving out process is a vital aspect of the process. You never know when a buyer may decide to seal the deal and purchase your home. It could be 3 months or 12 months, so it’s advisable to be ready to move out at any given point in time to avoid any inconveniences.
Things you’ll want to do include:
- Estimate moving costs (i.e., Hourly rates for moving trucks, estimated weight of your stuff, etc.)
- Pack your Things Ahead (Have as many of your personal belongings as possible stored and ready to move)
- Arrange for temporary living space (if you do not have a concrete option to buy in mind post-sale)
By taking these precautionary measures, amongst others, you will be able to ensure that your moving out and your buyer’s moving in are equally smooth and efficient.
Don’t Compromise
At the end of the day, selling your house, whether as a first-timer or not, is usually one of the most serious decisions you’ll make. It’s important to remember that you need not abide by all the trends and expected demands of the market religiously. Don’t compromise on anything that you strongly disagree with, as you’ll likely regret it afterward, be it financial or otherwise.
This could be selling too low or too high, excessively changing the appearance of your house, or even selling it to someone you do not fancy all that much. The moral of the story here is that a home can carry more sentimental value to its owner than it may provide financially, so be sure that you do things your way. Don’t rush things and take your time to think everything out until you are totally comfortable with all the decisions you have planned to take.
Although the simple tips mentioned in this article are not a comprehensive guide on how to sell your house, following them should streamline and facilitate an easier sale of your house. Take things slowly, be meticulous, and stay optimistic, and you will surely find that the process can be a lot less daunting than most assume it to be.