10 Steps Towards Selling Your Home

By Jessica Donnovan Published 09/28/2008 | Real Estate

It can be pretty tough to sell your own home, especially these days with the majority of houses selling under value in most areas.  But, sometimes it just has to be done, maybe for work or you and your family just need a change of scenery, whatever the reason, you are here because you need help, and that is the first step n the right direction.

Unfortunately, its just not as simple as publishing your house on the market, as if it were an article, no there are numerous steps that must be taken in order to make a good sale.  I highly suggest creating a checklist of steps that should be taken, or you could just print this article for reference, either way, here are 10 steps every home seller should take while selling their property.

Now keep in mind that you should pay close attention to these steps as you go along, the key is in the details.  Here are your steps:

  • Anytime you plan to sell a house, you are going to have to make the difficult decision of whether or not to sell the house on your own or with the help of a licensed real estate agent.  The obvious downside to using an agent is that it will cost you money from the sale of the home, you won't make as much.  However, the upside is that a real estate agent will handle all of the business and leg work related to the sale, making life considerably easier for you.
  • You have to know what you are doing, or for heavens sake at least pretend like you do.  Every move you make to sell your home should be carried out with tactical precision.  Consider using various media outlets at your disposal such as, local newspapers, websites or blogs, even television if you can get a reasonable rate.  Any of these strategies can drastically increase your chances of making a fast sale.
  • Maybe its time for a little spring cleaning?  The better your house looks aesthetically, the easier it is going to be to sell.  So you might consider doing some exterior painting or landscaping to increase the curb appeal.  Once that is complete step inside and begin to touch things up a bit, are your appliances out dated or what about that 70's wallpaper in the living room.  Even small fixes can make a big difference.
  • You will probably want to hire a professional inspector to come in and inspect the home for any potential problems that may arise during negotiations.  Many times these problems are easier and cheaper to repair before you find an interested buyer, so take control of the situation.
  • Unload your house as much as possible.  Clutter makes any space look considerably smaller so get rid of it as soon as possible.  You may even want to stage the home with some decorator type furnishings while it is being shown to make it look more dramatic to potential buyers.
  • Do your research.  You are probably going to want to make yourself familiar with popular terms and real estate lingo.  Do you understand mortgage financing or what about fixed and adjustable loans?  Yeah, that's what I thought.  Listen, it may seem silly but understanding what someone is referring to make give you the advantage.
  • You need to learn how to negotiate if you don't already.  Don't allow your pride to get in the way of your sale price so haggle your heart off. 
  • Some home sellers consider offering a home warranty with the purchase of the property.  This makes buyers feel a little more comfortable with committing to buying the home.
  • This step should go without saying, but if you haven't already made plans and/or arrangements for moving, you might want to do that.  Hey after reading these tips you have probably already sold your home so now what, do you have another home purchased or move-in ready?
  • Most of all just be calm, collective and play it safe.  You don't have to sell the house for anything less than you are willing to take so you are in control of this situation.

After reading the steps above you should have a pretty good understanding of what will be involved in selling your home.  There is some work ahead of you but it can be done and it isn't as difficult as you may think.

Should you choose to have a professional agent handle the sale of your home, just be sure that things are carried out in a manner that is acceptable to you, don't be bullied by the agent, you are still in charge.

Visit Jessica's website to get more great tips and advice for first time home buyers and sellers.