Seven Steps To Selling A Home That You Need To Know

Owning a home in America is one of the most rewarding experiences an individual can endeavor to undertake in their lifetime. After the hassle of purchasing a home is over and all the dust settles, a home becomes a reward hard to express. Although buying a home is one of the most complicated processes or endeavors around, actually living in the home is well worth the hassle.

An important part of owning a home is to wait some time before selling the home. When an individual owns a home the cost of closing on the home can be quite high. Unless a housing market is skyrocketing upward, it may take some time for the equity to build and the return on the investment to be high enough.

As rewarding as owning a home is, growth and moving up in life is rewarding as well. There often comes a point when a neighborhood gets old, a family grows, an income rises and a new home is desired. Here are seven steps to take to prepare for and actually sell a home.

The first step is to make a plan. Planning to move is critical. Figure out what the time frame is going to be. Figure out if the home has to be sold before there will be enough credit to buy a new home. Figure out the details on the housing market in the neighborhood. Most importantly, figure out the important dates and stick to those dates.

The second step is to hire a realtor. A realtor is different from just anyone with a license to sell homes, a realtor is someone with a license who has undertaken extra training and signed onto a higher code of conduct. A realtor is critical step because they will find the right buyers and bring them into the home for showings and take care of hours of work and energy the seller would be a lot less efficient at doing.

The third step to selling a home is to set the price. This step is wise to do after hiring a realtor. The realtor will be able to compare and contrast the other homes on the market in the same neighborhood or community and will better assess what the realistic price a seller should decide on using. When setting the price, a seller will want to set it for the maximum amount they thing they will possibly get for it and then see what happens. Who knows, the original price might be accepted.

The fourth step is to get the house on the market. This is a step for a realtor to do, but in the case a seller does not have a realtor, then advertise in so many different ways. Get it in the paper, signs up, online, or any other form of advertisement.

The fifth step a seller should take is to sell the home. Get offers, compare offers, accept the buyers offer or continue to counter offer until a compromise is made.

The sixth step is to close. Take the home to closing. Remember the important dates set when planning and stick to them. Closing takes a lot of persistence. The buyer will want to sometimes take as much time as they want or need to get plenty of time for inspections and other appraisals. Speed the negotiations along, and get the home out of the sellers hands.

Finally, move out. Moving out can be one of the hardest physical activities one does in there lifetime. If the money is available, it could be wise to hire movers. If not, recruit as much help as possible.

Author Bio: Juhlin Youlien writes about Paradise Valley AZ homes, Gilbert AZ homes for sale, Chandler real estate and Fountain Hills Real Estate.

Category: Real Estate
Keywords: homes for sale, real estate, buying a home, selling a home, loan, mortgage, foreclosurehomes for sal

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