The First Step in Selling Your Own Home – Preparing the House

By Doherty • March 19th, 2011
An example of a real estate owned property in ...

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With the internet becoming so prevalent today, consumers are becoming much more effective in learning how to get the most money and value from the sale of their residence. These are just a few ways that you can use the Internet to get the highest price for your property.

You should begin by establishing the value of your house. There are many sites out there that can tell you what your house is worth just by entering a couple variables. Be sure to add any remodeling or additions you may have added onto the home. You can even tweek the value of your property by noting if you have awesome landscape, a house with a pool, or even live in a quiet neighborhood.

Next you should locate a Realtor to assist you in the sale. You could visit REALTOR.com or Trulia.com and find all of the local professionals in your area that suit your needs. There are also other sites out there that list properties in your area and the recent prices they’ve been purchased for. This will help you get an idea of what your home is worth.  In Arizona, you may even consider this Arizona Real Estate website as they show the last 90 days of sales divided by city and community.

You might conceive marketing the property yourself without a REALTOR. If you don’t wish to part with a 6% commission cost, you may want to take matters into your own hands and act as your own agent and consider well traveled and established sites like this For Sale by Owner website. Be sure that you reference all info that you can on how to sell your own house and what steps you should take to make sure you don’t hurt yourself in the end.

Then if your property is “stale” or not selling, consider altering it up or giving it curb appeal. Perhaps it’s something as brief as having the outside painted or adding or simplifying the landscaping? Or maybe there are other visual things on the inside that should be fixed. Take a stroll of your own property as a potential buyer and see things that you would want repaired of if you were going to purchase the home.

Finally if you’re very eager to sell, don’t hesitate to hire a professional to help “stage” your house. They will have consulting and advice on how to arrange your articles of furniture, the best colors for the walls, and other information that you can use to entice people to purchase your property. Staging professionals calculate that taking a couple of days to stage your house for show will benefit you by 4-8% of the sales price in the end.

 

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