Everything You Need to Do to Sell Your Home

Selling your home can be just as overwhelming as buying a home. If you’re also in the process of purchasing a new home, it can be even more stressful. Whether you’re selling your home on your own, with a realtor, there are a few things you’ll need to do before you’re ready to bid a fond farewell to your current abode.

Get organized

Before you pull out your packing tape or start decluttering your junk drawer, take a few minutes to sit down and get organized. You may want to create a folder or binder to help keep things in order. Some things you’ll need include:

  • A timeline: When do you need or want to move? If you’re relocating for a job or because you’ve purchased a new home, you may already have a set date. If not, have a goal date in mind. Once you have your timeline established, you’ll be able to plan for other milestones along the way.
  • A sales plan: Are you doing a for-sale-by-owner, using a real estate agent, or aiming to sell your home quickly for cash? Each plan requires a different approach, so making this decision as soon as possible makes the sales process much more manageable.
  • Essential documents: Depending on your personal circumstances, some of the documents you should have on hand include:
    • House title
    • Loan documents
    • Inspection information
    • Information about any significant updates, additions, or remodels on the home
    • Documents attached to any liens on the property
    • Any HOA information
    • Any information regarding the presence of lead in the home

Pay for an inspection

If you plan to sell your home on the MLS or to any buyer using a loan to purchase, you should get your home inspected before listing your home. An inspection will identify potential problems before buyers begin making offers. You’ll be in a better position to negotiate or make repairs beforehand.

You shouldn’t spend money on upgrades that won’t significantly affect the value of your home.

Price your home

If you’re selling your home via  FSBO or a realtor, a home appraisal will ensure you get the most money possible for your property. An assessment will consider any damages, repairs, and other potential issues with the home. Appraisers will also evaluate the sales prices of similar properties in the same neighborhood.

Attempting to set the price of your home without some research could make it more challenging to sell your home, so you’ll want to do your due diligence.

Stage your home and take photos

Many buyers are surfing the internet before they tour homes. Whether you’re selling on your own or using an agent, having a clean, organized home and quality photographs will make the sale much more manageable. You’ll want to remove as many personal items as possible before the open house. Ideally, buyers should be able to see how they would fit into the home.

Schedule open houses

You (or your realtor) will need to schedule and announce open houses. In addition to scheduled open houses, you may have potential buyers ask to visit the property at other times. You’ll need to ensure the home stays clean and tidy until there’s an offer on the table.

Consider the financials

Another essential part of selling a home is factoring in closing costs and taxes. A realtor can help with both. If you’re selling on your own, you may want to consult a real estate attorney to ensure you have all your paperwork in order.

This sounds like a lot of work! Do I have another option?

We’re glad you asked. If selling your home seems like too much work, you could sell your home to a cash buyer like Brick. At Brick, we purchase homes for cash. We don’t’ require inspections or open houses, or walkthroughs. We won’t ask for repairs either. If you need to sell your home quickly and want to get rid of the property with as little stress as possible, a cash offer might be the right choice for you.

If you’re unsure whether selling your home for cash is the best option, give us a call. We’d be happy to talk to you about the process and answer any questions you have.

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Further Reading

Wilmington, North Carolina

Wilmington sits on the northeastern coast of North Carolina. More than 122,000 residents call the beach community home. Wilmington is situated between the Atlantic Ocean and Cape Fear River. Read more if you are planning on selling in Wilmington.

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