Selling a property can be a long, drawn-out process, particularly if you’re not prepared for the undertaking. So one of the first steps should always be to consult with a qualified real estate agent. Alongside this fundamental step you must also get your house in order in terms of research, repairs and paperwork. Here’s what to consider when preparing to sell your house.
Your agent, solicitor and lender will all require certain documents to assist you with your home sale, which is why paperwork is a major component of preparing to sell your house. Essential documents include your existing mortgage paperwork, copies of your sale agreement and deed, as well as home inspection reports. Tax and insurance documents will also be useful. By drawing together these papers in advance and scanning copies electronically if needed, you’ll be better prepared for a smooth sale when you meet with your agent.
Selling a property entails showing it off to visitors, from your real estate agent to home surveyors and eventually potential buyers. Ensure that it’s ready for this challenge by undertaking basic maintenance and repairs. Now is the time to fix leaking taps, give walls a fresh layer of paint, and trim your hedges. A deep clean is also an essential component of preparing to sell your house, particularly if you have children or pets.
You probably have your own reasons for wishing to sell, from a growing family to career advancements. However, you should be aware of the current market conditions so that you can determine whether this is the best time to sell or not. You may choose to conduct your own research, including comparable home values and market trends, such as by browsing online real estate listings to view homes with similar interior space and amenities. Most importantly, estate agents themselves, equipped with the most up-to-date knowledge about the local market, can give you that key long-term picture of current and historical conditions – and an expert insight into what your buyers will be looking for.
While it’s a good idea to take care of basic repairs as soon as you ponder selling your home, discuss more significant renovations with your real estate agent. A knowledgeable local expert can guide you in terms of what will yield the highest return on investment. Your agent will also be able to assist you when it comes to using your resources effectively if you have limited time.
Finally, it's time to get your home looking its absolute best to maximise its selling potential. This may involve rethinking outdoor spaces or placing a few scented candles around the place. The aim is to create a neutral, welcoming space that potential buyers can imagine themselves slotting right into.
Selling a home takes preparation and care, yet with guidance it can be the beginning of a new chapter in your life. You can read more of our property insights including what to consider when selling your home to begin this challenging yet ultimately rewarding process.