Advice for First-Time Home Sellers

Selling your home for the first time can seem daunting. The market looks complex and you’ve probably heard horror stories about unqualified buyers, unsold homes and nightmare real estate agents who don’t have your best interests at heart.

So, when it’s time to sell your home you’ll need sound advice and the right guidance so that you don’t end up with your own bad story to tell. Keep in mind we are not just talking about financials. Selling your home can be an emotional time because of the deep sense of attachment to it. Chances are you’ve celebrated holidays and entertained friends and family and created great memories within its four walls.

So we’ve put together some advice that will help you confidently go forward with the sale of your home. Consider the following:

Change Your Perspective

Changing your perspective about your home is very important and should start to happen as soon as the decision is made to sell. Despite the emotional attachment you may have to your home, the distancing process has to begin because your home is now a financial asset. It’s become something to be marketed to others. As hard as it is, try to put aside your emotions and concentrate your energy on selling your property. It helps to remind yourself that you will be moving somewhere else, to an even better place that you can call home.

The Price Has to Be Right

Pricing your home is not something you normally do without enlisting the help of a reputable listing agent. Refrain from choosing your cousin’s sister-in-law, for example, who just dabbles in real estate as a side job. You’ll fare much better if you select an experienced real estate agent who sells a fair number of listings, preferably in your neighbourhood.

Be Flexible with Showings

Showings are an integral part of selling property so you’ll need to be flexible with times.

“If you’re finding home showings to be an imposition, consider taking time off or going away on the weekend your home is put on the market.”

It’s true that it can feel a bit intrusive allowing strangers to walk through and “inspect” your home, but this is the best way to sell your home. Your presence is not needed and it’s best to let the buyer tour the home, with the buyer’s agent, in peace and quiet.

Find The Right Real Estate Agent

First of all, your home will not sell itself and in order to get the most money from the sale of your home, you’ll need to rely on the professionals. Finding the right agent to guide you safely and comfortably is as essential as pricing your home correctly and making sure it’s in good showing condition.

Stay Positive and Be Patient

At the end of the day, you cannot control the open market. So if you’ve taken care of the important elements to prepare your home to sell, try and relax and maintain your home’s show-ready condition. If necessary you may need to consider making adjustments to the price or other terms if market conditions and feedback call for it.

But again, your real estate agent will help you understand what is the best course of action. Don’t become too distraught if selling your home takes a little longer than you expected. Trust in yourself and your agent and you can be sure your home will sell!

If you’re looking to sell your home, don’t hesitate to contact us at Rego Realty and we’ll help get you started!

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