tips for first time home sellers in the US

If you are selling a home for the first time, the prospect of getting your property on the market can seem daunting. Selling a home is like buying a home: you have to prepare. We have prepared tips for first time home sellers in the USA to make your work easier.

tips for first time home sellers in the US

1. Decide when

If you don’t have time to close the move, consider the timing of your sale. This is a current seller’s market, so depending on where you live, you can get many offers quickly, regardless of when you sign up. However, things like the season and month can affect how quickly your home sells.

The holidays, for example, can affect the availability of buyers or even your own willingness to show your home if you are hosting a holiday party. If you have children, planning your move throughout the years is another common concern.

Think about your flexibility (or lack of) and go from there. If you have no wiggle room for your move, another good option is to sell your home on iBuyer, which often allows you to choose your closing date.

2. Find a housekeeper

If you’ve worked with a real estate agent to buy your home (and enjoyed the experience), that agent may be willing to list your home now or refer you to another agent who can help. your hand. Compare this agent with a few other agents based on their service rate, listing structure, communication style, track record, and testimonials from previous clients.

As a first-time seller especially, all of these things can make a difference.

Alternatively, if you don’t want to work with an agent, you can request an offer from iBuyer, who usually charges a fee. However, these fees can be lower than commissions, so if cost is an issue, it’s worth investigating.

3. Set the price

A common mistake that sellers make is to list a lot and then offer a discounted price. When you lower the price a few times, some buyers may think there is something wrong with your home and make a lower offer.

Instead, you and the realtor, arrive at a reasonable price that matches the real estate market, including similar properties in your area.

4. Organize vendors

Before your listing goes live, complete any outstanding repairs or maintenance on the movers. A word of advice: although it costs money, a pre-sale home inspection can help you identify problems – and fix them in your system – before the buyer does.

If you are doing a major renovation, be sure to keep an inspection receipt with the buyer. Keep in mind that not all renovations pay off, so try to spend your money only on the most worthwhile projects. A real estate agent can help you decide which one is best.

5. Clean and decorate your home

Although your decorating choices may suit your taste, not everyone shares the same style, so consider planning your home, so it appeals to a large number of buyers.

You can do this yourself with cleaning and decluttering (which you’ll want to do in preparation for your move), or your housekeeper or handyman. can help.

Also, keep in mind the restrictions: This can cost up to 7% of the home’s value, according to university studies.

6. Be patient and considerate

There’s no getting around it: looking at open houses doesn’t work, especially if your home is generating a lot of interest or sitting on the market for a while.

Although it’s tempting to hang around and see what buyers think about your home, don’t. Be prepared to leave so buyers and their agents can view the property with peace of mind. You also don’t want to be responsible for any information you may provide during the conversation.