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Step 2 to the 7 Steps of Selling your home

Step 1 in the 7 Steps of Selling your home

7 STEPS TO SELLING

Step 1: Reason for Selling

It is often more emotional to sell a home than to buy a home, and the reason for selling

your home may be a determining factor in the urgency of the sale. The urgency may also

have an effect on the price of the property.

It is important to take

the following factors

that can influence the

sale of your home into

consideration:

1. > Reason for

selling

2. > Price

3. > Location

4. > Condition of

property

5. > Size

6. > Design / style

7. > Accessibility

Step 2: The Cost of Selling

It is very

important to first

calculate the

expenses that

may be incurred

while selling your

home. This

knowledge is

absolutely

necessary

because it helps

you to determine a good price for the house, as well as the potential profit that you

can realize.

The cost of selling your home may include things like commission to be paid to the

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Step 3 to the 7 Steps of Selling your home

Step 4 to the 7 Steps of Selling your home

agent, taxes, advertising costs or specific reports, such as a property inspection.

Step 3: Price

The most important factor when putting your home on the market to sell is setting

the right price. The price at which your property is marketed can make or break the

deal.

Over-pricing of the

property may

result in:

1. > A smaller

buyers’ pool

2. > A

prolonged

stay on the

market that

will result in

lower offers being submitted

Under-pricing of the property may result in:

1. > You losing money on your investment

2. > A buyer offering an even lower amount due to a negative perception of the

property or area

Step 4: Location

Although you

cannot do

anything about

the location of

your property, it

plays a very

important part in

the marketability

of your home. So,

it is important to

take the following

into consideration:

1. > Is your property priced in relation to other offers in your area?

2. > What type of neighborhood is your property located in – well-established, up-

and-coming, transitional?

Step 5 to the 7 Steps of Selling your home

Step 6 to the 7 Steps of Selling your home

3. > Is your property located in an urban or rural area?

Step 5: Condition of Your Property

The condition of

your property is

always a factor in

how quickly your

home sells. It’s a

fact: acquiring the

highest market

value and

elevating your

home above the

others in the same

price range often comes down to first impressions. Here are some inexpensive ways

to maximize your home’s curb appeal:

1. > Keep the grass cut and yard clutter to a minimum.

2. > Apply fresh paint to any wooden fences and your front door.

3. > Clean windows inside and out.

4. > Wash or paint your home’s exterior.

5. > Ensure gutters and other exterior fashions are firmly attached.

Step 6: Staging

Did you know well-placed furniture can open up rooms and make them seem larger

than they are? Or, that opening drapes and blinds and turning on lights make a room

seem bright and cheery? It’s true, which is why staging your home to look its absolute

best is an important factor in the selling process.

Here are some inexpensive ways to highlight your home’s best features:

1. > Clean or paint walls and ceilings.

2. > Clean all

flooring and

fixtures –

lights, fans.

3. > Repair all

plumbing

leaks.

4. > Remove

excessive

wall

hangings,

furniture and extra personal goods.

5. > Turn on all lights and open the drapes during the daytime.

6. > Play quiet background music and infuse your home with a comforting scent.

7. > Vacate the property when and if it’s being show to prospective buyers.

Step 7 to the 7 Steps of Selling your home

Step 7: Accessibility

Accessibility is a major issue in many parts of the world. Again you cannot do

anything about your home’s accessibility to specific things, but it does play a role in

the price of your property. Your agent will work with you to highlight the places of

interest that are most accessible to your home.

Here are a few

important areas to

think about:

1. > Public

transportation

2. > Main roads

3. > Shopping centers

4. > Schools and other

educational

institutions

5. > Outdoor areas – public pools, parks, playgrounds

6. > Entertainment

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WHAT'S IT WORTH?

About BobbieWhen it comes time to make one of life’s most exciting decisions, experience

matters. And I have experience ~ almost 20 years of it. Read More…