Articles-Top ten tips for selling your home.
- Your most important house-selling decision is whether or not to sell. Take the time to research your options and the personal financial ramifications of each option before you sell. The expenses of selling your current house and buying another will gobble a large chunk of your house's equity (that is, the market value of your property less the outstanding mortgage balance). Before you sell your house, weigh the expected benefits of buying a new home against these transaction costs. Be sure to estimate your proceeds of sale and relocation costs before selling. Jaclyn will sit down with you and review all options so you make educated moves during the entire process.
- Before you commit to selling your house, review the mortgage options for your next purchase, especially if you're trading up to a more costly property. Remember, mortgage lenders and real estate agents can't tell you how much you can afford to borrow; they can only tell you the maximum amount that you're eligible to borrow. You must feel comfortable with this financial decision. To determine the price you can afford to pay for your next home, you must also consider your financial goals and objectives.
- If you do decide to sell your house, try to time the sale so that it closes simultaneously with the purchase of your next home. Unless you're wealthy enough to afford the luxury of owning two properties at the same time, don't close on the purchase of your next home before your current one sells. Jaclyn will guide you through appropriate dates, deadlines, turn around times and deliver all your papers in a timely manner assuring your legal counsel has everything they need for a smooth closing.
- Weigh the pros and cons of selling your house. Jaclyn will reduce the amount of additional time and effort that you must invest. Be sure to hire a good real estate lawyer which is a necessary process in any real estate transaction.
- Field a great team. Hire Jaclyn as your key team player, so that you maximize your chances of a successful sale.
- Jaclyn will thoroughly review and negotiate the real estate broker's listing contract, and/or Offer to Purchase, which are contracts you must understand and confidently sign. For most sellers, a 90-day listing putting your house in the local multiple listing service is best. jaclyn offers inventive marketing tools which she will review with you and assure you are up to date on all events.
- Disclose, disclose, disclose. If you have any doubts as to whether to disclose a defect or problem with your house, err on the side of disclosure. Otherwise, you greatly increase your (and your real estate broker's) chances of being party to a lawsuit initiated by disgruntled buyers.
- Preparing your house for sale involves much more than just sticking a For Sale sign in your front yard. To increase your chances of an efficient, top- dollar sale, obtain a good house inspection to discover problems before they become deal killers, do the right corrective and cosmetic work before putting your property on the market, and time the marketing of your house to coincide with a strong selling season in your area. Jaclyn offers a two hour colour analysis and staging consultation with each new listing. Show your home to its greatest potential.
- "What's it worth?" is the most critical question you'll ask when selling your house. To get the answer, Jaclyn will examine sales of houses comparable to yours in size, age, condition, and location and review these results with you. Price your house right, and it will sell, because informed buyers recognize the value after seeing other houses with unrealistically high asking prices.
- Get the word out. To create the most interest in and competition for your house, Jaclyn will develop a comprehensive, well-coordinated marketing and advertising campaign plan that will work for you and interest all potential buyers to look.Getting them in the front door is the crucial first step.