A Quick Guide for Selling Your Property

Dec 30 17:47 2019 Jodie Kelly Print This Article

Finding a good site for sale by owner must be a priority if you thinking of moving and selling your home prior to this. Keep in mind that you won’t be the only homeowner selling a property.

Selling a property is not as easy as it seems to be. A lot of things need to be taken care of while selling out a property. But thankfully,Guest Posting certain ways can make the task a bit easier. Read on the points below to get a good amount of information on selling your property now.

 

  1. Finances should be checked first

 

If you are considering selling your property, the first and the foremost step in doing so is to see whether your finances are in order or not. Intimate your mortgage that you are planning to sell your property; this will help you find out if there are any penalties for paying the mortgage earlier. And if you are considering a new home afterward, the loan’s provider can provide you relevant information regarding the mortgages for which you are eligible.

 

  1. Selling should be done before buying

 

If you are selling your property now then there is a high possibility that you are looking out for another. But, before you started looking for a new house, make sure that you market the sale of your property first. Nothing is more heartbreaking than not seeing your house on the market list.

 

  1. Right valuation

 

Right valuation plays an important role in selling a property. Overpricing and under-pricing both are harmful. Setting a price too high makes the selling of the property difficult and a low price is obviously not beneficial. To know the right valuation of your property, look out the prices of other properties that are similar to you. Try some website that provides accurate valuation and listing on top real estate websites. After this, the next step would be to keep the price with an extra mark of 10% because buyers normally try to negotiate.

 

  1. Ready your home

 

Whether an agent is coming to your home for clicking photos, or you uploading your property photos on respective websites. It is wise to prepare your home properly because these photos will determine how many buyers you will get.  Remove your family photos, political things, religious things and your children drawing from the refrigerator because the potential buyers want to picture their family, not yours. You can also add photos of the nearby dining, recreation, and shopping areas. Someone willing to buy a home will be happy to see the lifestyle he or she will have after buying your home.

 

 

  1. Whether to accept an offer or not

 

After this, people will start coming to see your property. If you are flexible about people visit timings like early morning, night or weekends then you will get to know more buyers and range of the prices they are willing to offer. Most of them will try to negotiate with you. Some of them even can offer you a low price. At that time it is good to take advice from someone who has recently sold his/her property at your neighborhood. You can also take help from an agent to check if the price is reasonable or not. After selecting the offer, the sales process will begin.

 

  1. Draft contract

 

The next thing that comes after this is a negotiation between you and the buyer. You both have to decide how much time will be allowed for transfer and completion and what other things will be included in the sale.

 

  1. Filling relevant documentation

 

The buyer lawyer will tell you to fill a questionnaire that contains information regarding your boundaries, fittings, and fixtures included in the sale or if you have any dispute with your neighbors, etc. They required this information to form the contract.

 

  1. Interchanging contracts

 

Once you and the buyer negotiated the terms of the contract, the final contract will be exchanged. After this, you and the buyer are legally committed to the purchase. If you pull out, you will be sued and need to return the buyer deposit. If the buyer steps down, they will lose the deposited money.

 

  1. Completion

 

After the exchange of contracts, you have as much time as mentioned on the contract to vacate your place. Take help from your friends and family to move out of your home. After the completion of the time allotted between the exchange and the completion, your property will officially change ownership. The deed will be done by each party solicitor who will finally register the transfer along with the land registry. You have to pay solicitor fees at last.

 

Selling is demanding as well as pleasing. Use this guide to get the right direction while selling your property. Take advantage of advertising and listing your property now on online platforms and get the right price of your property without seeking any agent and get connected to numerous buyers online.

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About Article Author

Jodie Kelly
Jodie Kelly

Jodie Kelly from Minus the Agent is the author of this post. Jodie has years of experience in the real estate sector. Minus the Agent is a leading For Sale by Owner website in Australia. Property owners looking to sell their property now can easily sell it using this website. They simply need to list their properties on this website. Since it is a high-visibility website, the listing can be seen by numerous potential buyers online. Buyers can directly connect with sellers. The process of selling completely eliminates the real estate agent and helps the seller save on the agent’s commission.

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