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Tuesday, October 30, 2012

Thoughts on Selling a Home


After a 7 year hiatus, we were re-introduced to the home moving process this past summer when we sold our current home and purchased a new home for our family.  The craziest part about the process is that once you finally understand all of the nuances of the process, your move is complete and off the mental radar until if/when it ever happens again.  Here are a few things I learned about selling along the way:
 
·         Make sure you are ready to sell.  Don’t have the “we may move if we sell our house” attitude that we had.  You have to be mentally prepared and have your house physically ready to show.

·         Stage your house.  Especially with four kids, the clearing of furniture and clutter really paid off in the end.  The showing time period of the process is hectic on the family, but if you really want to move it will be worth it in the long run.

·        Fix the little issues in the house.  If you are serious about selling, you need to do the $100-$200 projects that have been nagging for a while.  Prospective buyers will notice and be turned off if they are not complete.  Or you will pay double for the repairs once they are found during the inspection.  Fix the paint job here or the leaky faucet there.

·         Price your house competitively right off the bat.  Realtors have always said this and now I believe them.  Price to sell when your house is most appealing—when it’s new to the market.