What you should know before selling your house
It is very important to be clear about the reasons and reasons for moving, how much money you expect to receive and how much you need to pay the mortgage or to acquire a new property and the time that the whole process will take.
A frequent mistake that sellers make is to estimate the sale value of the property based on the prices that the neighbors are asking, that is, on those properties that have not yet been sold. The real estate consultant you choose should be able to provide comparables based on properties that were sold in the last 3 to 6 months.
Before putting your home up for sale, make some important decisions and take the appropriate action to increase the chances of selling the property quickly and at the best price.
If you plan to buy another home and have the money from the sale of your current property, include a clause in the contract. That is, specify in the contract that the purchase of the home depends on the sale of your current property. If by chance you cannot sell your home, you will not be obliged to buy the other one.
Make sure you qualify for financing if you’re buying another property.
Be aggressive on the selling price. Don’t waste time offering a much higher price than the market can pay. The only thing you can accomplish with this is to help your neighbor sell theirs fast!
If you’re working with a real estate agent, make sure you understand and agree to the compensation plan.
Have a list of items you want to sell and a list of items you don’t want to sell. There are two reasons for making this list. First of all, the buyer can assume that there are items included in the sale, for example, curtains, lamps or fixed furniture. To avoid complications that could delay the sale, specify what is excluded and what is included in the sale. Second, the buyer may be willing to purchase items from your home, such as paintings or furniture. You will make a more objective decision about what you want to keep and what the value of the assets is, if you think about it before being pressured to sell the property.
By following these simple recommendations, the buying and selling process will be much easier and without any setbacks for both parties.