Are you getting prepared to sell your house? Do you know the process of how to sell a house? If you decide to sell your house yourself, there are several things that you, as the seller, can do to get ready to put your house on the market. The process of how to sell a house can be simplified by the following:
First, you need to look into the local real estate market for your geographical area. Check your newspaper’s real estate section, as well as the realty section on the Internet under the “for sale by owner” segment. Research the prices of houses that are similar in size and location to yours that have sold in your area in the past 12 months. This will help enable you to decide in what price range your house will fall.
If you don’t want to do the research, you can always call an appraiser. The appraiser will provide you with comps for your area through a comparative market analysis. This will give you an excellent idea of the value of your home. The cost for an appraiser runs between $100 and $600. This cost is based upon the size of house. The appraiser will also let you know of any repairs that need to be made prior to putting up a for sale sign.
Once you have decided on a price for your house, you need to take care of any repairs that need to be made to get your house ready to sell. Unless you’ve experienced any major damage from fire for flooding, don’t do any costly remodeling to bathrooms or the kitchen area. Spruce up these rooms with neutral colored paints. Many buyers will want to change the colors to suit their taste or furnishing anyway.
Remove all the clutter in your home. Paint rooms in a neutral color and add a couple live plants and vases of flowers when you are ready for your house to be viewed. If you’re not sure you have the skills to tackle this project yourself, there are professionals called stagers, who can come out and make your house picture perfect. Their job is to emphasize the positive things about your house and remove the negative. They may change the arrangement of your furniture so your home will look more spacious and possibly easier to sell. The cost for a professional stager is generally in the $100 – $500 price range, depending upon the size and condition of your home.
Once you house is in good condition to sell, your next step would be to take some pictures, write out the pertinent information on your home, and make flyers to post and give to prospective buyers. You can go on the Internet and find a brochure template to use for your flyers. These flyers should include the age, square footage, any extra features such as storage areas, extra space or pet areas. Also include information about the closest schools, churches, grocery stores and shopping areas. You might also include a copy of the floor plan for your house. If you have waterfront property or have a view of the mountains, be sure to include those pictures in your flyers. If you don’t have a camera, or don’t want to take the pictures yourself, you can always hire a photographer. Houses sell faster with pictures.
Now you’re ready to place your for sale sign in your front yard. You can buy one from a nearby sign maker for under $100. You can also advertise in the newspaper, which can be costly, or you can use free Internet marketing on sites such as craigslist.com, or on specialty sites such as “for sale by owner.” You can also mention your house on various bulletin boards or blogs. In addition, you should also email everyone you know to let them know your house is for sale. They may not be interested in buying your house, but they may know someone who is. Your goal is to reach the largest audience possible.
You might also consider having an open house, which might give you possible opportunities for sales. Maybe a neighborhood acquaintance might know someone who would like to live in your area. The idea is use every possible venue in which to advertise your house. Knowing how to sell a house isn’t a skill that everyone has, but it is one that can quickly be learned and can be a cost effective way to sell your house.