Hire a Real Estate Agent
It’s understandable that you think you could do this on your own to increase your bottom line. But keep in mind that homes sold by a real estate agent sell for an average of $39,000 more than homes sold by owners (source). Additionally, having a real estate agent on your team means someone to handle showings, create disclosures and negotiate contracts.
Even during the slower fall and winter season, home in the Denver area are still moving fast. This means you need to be ready to move out within about 30 days. These dates can be negotiated through your agent if you need more time, but it’s not always recommended. Have a move out plan in place before you list your home to avoid contract extensions and frustrated buyers.
Make Your Home Move In Ready
Did you remodel your bathroom but never finish caulking? Do you have cabinet doors that don’t quite close. These are small projects that can make a big difference to your bottom line and how quickly you can sell your house. Before your house is on the market finish as many of these little projects as you can to have your home truly move-in ready.
Be Available for Showings
When your home goes on the market, you need to be ready for showings, and the more availability you have, the more potentially buyers you can get into your home. Buyers are often shopping for houses on their lunch breaks or before and after work. Ask best as you can, leave a wide widow available for showings so buyers can come see your home on their schedule.
Bonus Tip: When you leave each morning, make sure the house is in showing condition. Make the beds, open the blinds to allow light in, straighten rooms and clear counters.
Allow Room for Concessions
When working with your agent to set your listing price, look closing at your budget and allow wiggle room is case buyers request concessions. After an inspection, buyers can negotiate to add seller concessions to the contract to cover expenses for big ticket items that may need to be replaced, such as a roof. Your agent will walk you through these negotiations, but it’s important to know that they’re coming. If you factor these costs into your budget from the beginning, you’ll be able to maintain the bottom line you want.
Now you’re ready to get your home on the market! Meet with your real estate agent for further advice and to outline the process.