Issuu on Google+

Selling a Property Checklist Properties ABC, Ltd. Private Solutions to Selling and Renting Properties

Properties For Sale & Properties To Rent Without Real Estate Agents

www.propertiesabc.co.uk


-

1. introduction When selling real estate there is always a lot going on. There are so many balls to keep in the air that it can be overwhelming, or at least it can seem overwhelming. Here are some great tips that you can use for your next sale to ease the process.

2. Make Improvements To sell your home faster, focus on making improvements to your bathrooms. In a soft market, buyers are looking for an attractive bathroom with new features. Consider tiling the floor and replacing the bath tub. There are kits that you can purchase to help you do each of these things.


3. Online Listing You are much more likely to sell your home if you do lots of marketing. Your marketing should involve an online listing on the MLS system. You may also want to create a web page specifically for your home, but also you can use services for free property advertising : http://www.propertiesabc.co.uk. Post lots and lots of pictures, as well as, information about improvements that have been made and links to community amenities.

4. Value Estimating Be realistic when you are establishing the value of your home. It is important to price your home at a reasonable asking price if you want it to sell. Your real estate agent should be able to give you a price comparison for homes that have sold in the area that you can use as a gauge when pricing your home.

5. Comparable Properties When selling your real estate property, be sure to check out what comparable properties in your area sold for. By doing this, you can ascertain what the best price is to list your property for. In addition, it will give you a sense of whether sellers in the area received more or less than their asking price.


6. Off Season Issues If you are considering listing your home in the off-season, think about whether or not it is possible for you to wait. If you can put off listing the house until the spring, you may get a better offer on your property. Buyers are specifically searching for deals during the off-season and they are much more likely to put in a low offer, in an attempt to negotiate a deal.

7. Surrounding If your front or back yard has too many trees, you may want to think about chopping them down before putting your home on the market. Many people are not interested in purchasing a home that has too many trees around it, while other people may simply be allergic to the trees.

8. Attorney All buyers should choose a respected escrow company or real estate attorney to close their real estate deal. The escrow company, or attorney in this case is a trusted, independent third party, which will properly distribute the funds and the necessary documentation among the transacting parties. Without escrow the possibility of a fraudulent transaction is significantly greater.


In a buyers' market, sellers do not generally have the upper hand when it comes to pricing and negotiating the value of their property. It is especially important not to become too frustrated by the market early in the game; it is only natural and perfectly expected that it will take longer than normal for your house to sell.

9. Interior Do your best to make sure that your home has a lot of curb appeal. This may not seem that important if you have a particularly nice interior, but you should keep in mind that the outside is the first thing that buyers will see when they approach your home.

10. Market Don't be surprised if the housing market recovers more quickly than you expected, so you may want to hold off on selling your house until it does. While slumps often feel like they will never end, recoveries can come surprisingly quickly. Many experts expect the market to begin recovering in the near future.


11. Selling In The Fall If you are selling your residence in the fall, use the colors of the season to decorate your house and help you make a sale. Items like pumpkins or mums are nice accents to place in front of your home; they draw potential buyers into your residence and help make a good first impression.

12. Commision Terms Pay close attention to the commission terms stated in the listing contract that you sign with your real estate agent. Generally speaking, the agent earns his or commission when the buyer and seller reach an agreement. However, if for some reason you decided not to sell your home after reaching an agreement, your agent may still be entitled to commission. This amount can easily total thousands of dollars, and you are legally obligated to pay it.

13. Appliances Before listing a home for sale, the savvy homeowner will make sure all of his or her appliances are modern. Replacing old appliances may be expensive. It might even be painful, if the old appliances function satisfactorily. Installing cuttingedge appliances is worth the expense, though. Potential home buyers will appreciate the convenience of having new appliances so that they won't have to worry about replacing them.


When clearing your home of clutter, be sure to keep in mind the areas where clutter tends to accumulate. Look at the things that are on your counter tops and shelves. Also be sure to check what is in your drawers, closets, garages, basements, and attics. This will help you clear out the areas and make it look better to your buyer.

An important tip to remember with real estate is to not remain idle with your property if you are not entirely happy with it - especially when the market is down. This is important because it might be your best chance to move into a house or neighborhood that you have always desired. It may be worth the hit that you take on your lesser valued house.

14. What Is Depersonalisation? Try your hardest to depersonalize your property before prospective buyers arrive. Purchasing a house is an emotional decision and by removing items that could alienate others, such as religious and political propaganda, as well any graphic artwork, you can help potential buyers identify with your home increasing the chance of a sale.

15. Make Notes Buyers and sellers alike should take notes. Sellers need to keep an account of all home renovations, appraisals, agents, and other tidbits related to the price of their property. Buyers should keep notes to compare properties, prices, and experiences with agents. This way, you'll be sure to have all of the details handy when you make your decision.


16. Decorations Decorating the inside of your residence with seasonal items can make selling your house easier. Choose a few inexpensive products, such as window treatments that display the colors of the season, and complete a minimakeover on your home. This will make your residence look fresh and well taken care of, giving the buyer a more favorable impression of the property.

17. Be Open to Suggestions To achieve success in selling your property, it is important to be open to suggestions. If you have hired a real estate agent to help you with selling your property, you should listen to what they have to say. Since your agent sells several properties each year, listen to their professional opinion on the best ways to present and market your home.

18. Develop a Website Develop a website. Any real estate investor will tell you that having a website is critical for attracting and educating potential sellers about your services. You should gear your site toward both motivated sellers and those who are simply considering the sale of a property. The more visible and content-rich your site, the better!

When thinking of selling your real estate you need to focus on the curb appeal of the property. This is the first impression that people get when viewing your


property and may be the only way to get them in the door. If the property looks rundown from the outside, you are going to immediately-eliminate many potential buyers.

19. Selling a Residence If you are interested in selling your residence, go to open houses. There is nothing like seeing a property in person, and sellers can get an idea of what the competition looks like by going to open houses. This will lead to more realistic expectations for both the selling price of your home and the concessions that you might need to make during negotiations.

20. Be Serious To persuade a serious, qualified buyer who is on the verge of accepting your offer to take the plunge, let them literally sleep on it and get the dotted line singed! If a prospect is obviously wanting your home but just having cold feet, let them spend a night in it and chances are good their mind will be made up before morning, in favor of buying!

21. Think Like a Buyers It is important that you make your home easily accessible for showings. If the home is hard to get in or there is no room for your buyers to park then they may just overlook your property and go to another property on their list. Remember, think like the buyer.


22. Storage Space Show off your storage space. Potential buyers are crazy about homes with lots of places to put their stuff. Make sure that they can see any and all storage spaces that your home has to offer. Clear out closets, keep the attic tidy, and don't overload the garage with boxes. Rent a storage unit if necessary so that all your stuff isn't taking up their potential space.

23. Offer a Warranties Offering a warranty when selling a house will give you an edge and make your home more attractive to buyers. People want to buy with confidence and are always less hesitant to commit to a purchase when a warranty is offered. This also means the next owner will be calling the warranty company and not you, should any problem arise.

24. Deadlines When you are trying to sell your home, do not set any deadlines for yourself. If you have it in your mind that you need to sell the property by a certain date, you are more likely to entertain offers that are too low. Keep in mind the price that you want for the home, and don't allow yourself to feel pressured into a decision.


25. The Power of Feng Shui Feng Shui can be a powerful tool to help sell your home quickly. Seek out any areas of your home that are dark and uninviting. Add light in the form of an attractive lamp, or enhance existing light with a mirror. Pay special attention to the entrance of your home. Make sure it is well lit, and that your house number is clearly visible.

26. Be Sure About Selling It seems like an obvious starting point, but before you list your home on the market, you should be 100 percent certain that you truly want to sell it. Research all of your options and do your homework to determine the likely effects of selling on your personal finances. Can you afford the listing costs and selling fees? Don't waste your money by failing to think things through.

27. Tenant Check Landlords should always screen their tenants. Check your tenant's credit, ask for references, and do a criminal background check. This will help you to know the people who are living in your properties, and give you an idea of their level of trustworthiness. Forgoing the background check might save a little time, but in the long run it can cost you more than the time savings is worth.


28. Remove Dirty Make sure that all dirty dishes are removed from the sink and dishwasher before you show your home. Instead of buyers understanding that you may have been pressed for time, they may get the idea that you are a very sloppy person and probably did not take care of the home as much as you should have.

Paint your front door a bright color to increase curb appeal and draw attention to your property. The front door is seen as the entryway into your home and it plays an important role. By painting it that bright color you will encourage buyers to want to come in and take a look around.

Great Selling Experience! Selling real estate is a completely different experience than it was when you purchased. It is important to understand your role as the seller and what you can do to increase your profit, minimize your responsibility and make the experience as pleasant as possible. Take the information presented here and have a great selling experience.


Selling a Property Checklist - Properties ABC