Let’s face it. There’s a lot of work involved with selling your home. From ensuring your home is always show-ready to working with your realtor and more, you can quickly find yourself exhausted. After all, your everyday responsibilities don’t pause until you’re finished.
Whether you just started the process or already have a buyer and will soon be signing the final documents, it’s important to understand a few things to help make the process easier. By being efficient and employing a few useful tips, you can make the most of your time and more easily get the best deal.
Know Your Home’s Worth
If you don’t price your house right, you face one of two outcomes. Either you give someone a great deal and lose out, or you wait inevitably until someone is willing to pay what you’re asking. Unless you are able to find a buyer at your asking price, you lose.
Before you make the decision to put your home on the market, get an understanding of what you can expect to get. When you do find out your home’s worth, reduce this amount by around 20 percent as this gives you the ability to more easily increase the price and play the market when you have multiple bidders ready to take advantage of a below-market price. This puts the power of negotiation in your control.
If you have questions on how to initially determine the worth of your home, USA Today offers a number of helpful sites that can help you get an accurate idea.
Don’t Forget to Take Care of Yourself
Let’s face it. Selling a home can take a lot out of a person. Not only do you have to keep up with your regular responsibilities, but you also have to ensure you’re keeping on top of what needs to happen next to sell your home at the best price. Needless to say, you’ll be making a number of important decisions in the days, weeks, and even months ahead. That’s why it’s important to ensure you’re making the time to take care of yourself by eating right, exercising, and getting proper sleep.
The latter is often overlooked, but, according to the U.S. National Library of Medicine, sleep deprivation is directly linked to a number of adverse cognitive impairments including:
- Inability to pay attention for extended periods of time
- Short and long-term memory impairment
- Impairment of visuomotor performance
It can be difficult to get the sleep we need, but a great way to do it while saving money to go toward your eventual move is to invest in a mattress topper. These products offer many options to choose from so you can find the one that meets your specific needs, allowing you to enjoy a restful night’s sleep on a budget.
Put Effort Into Finding the Right Realtor
Long gone are the days when we open up the yellow pages in order to find the businesses we need to obtain quality products and services. While you could ask around, it could prove difficult to gain access to feedback before making an investment. With the Internet now so widely available, it’s easier than ever to put in the time to research real estate agents best equipped to help you sell your home at the right price. As you examine your options, just a few things you should keep in mind include:
- What is their experience level?
- Are they willing to provide references of happy clients willing to speak well of them?
- What are their plans to market your listing?
- Is it easy to get ahold of the right people when you need to ask a question or address a concern?
- Do they represent both sides of the eventual transaction you hope to achieve?
- Do they typically work with buyers in your price range?
- Are they knowledgeable in home loans so they can help as buyer’s go through the process?
Getting the Most Out of Your Investment
The investment made in your home is one of the largest you’ll ever make, and you want to get a sizable return on that investment. The selling process can be a stressful one, and it can be easy to make the wrong choices. However, when you follow these helpful tips, you can be more assured that you’ll be alert, aware, and capable of getting through the process like a pro.