Selling a property for the first time can be mentally and emotionally taxing due to the many challenges along the way, such as buyers’ criticisms and dragging negotiations. But by doing ample search and adhering to this list of reminders, you may be able to set the right expectations.
Set a Realistic Price
Admittedly, it is easy to give in to the temptation of raising the price too high. This, however, will do nothing to get you the upper hand you want. In fact, overpriced properties tend to shun buyers.
Setting a lower price will attract more promising offers, which may result in a bidding war. Underpricing, although seemingly risky, can be a wise strategy for you. Fret not, as the bidders may eventually reach the property’s original market value.
Hire an agent
You may want to try selling your property by yourself to avoid extra expenditures for services you think you do not need. But as a first-timer, you may want to think twice about this. Hiring an agent who can help you assign a competitive price, as well as set the right expectations during a sale, is your best option.
You should no longer worry about the hefty commission and other charges, because there are numerous online estate agencies that require lesser fees.
Take the emotion out of it
It is unavoidable to attach feelings to your property, especially if you have lived in it for quite some time and made many memories. But by deciding to sell your home, you have become a homeseller, no longer just an owner.
To feel positive about letting go, bear in mind the various reasons that drove you to put it on the market to begin with, whether for financial necessities or employment requirements. It also helps to think back to the time when you bought that home, and imagine your buyer seeing the same mix of excitement and anxiety for a new beginning. Another useful tip is doing minor renovations and modification to the home to create a sense of unfamiliarity and detachment.
Welcome all interested buyers
Make no exemptions. Accommodate all buyers wishing to view your property, as first impressions may seal the deal. This is another upside to having an estate agent, because they can monitor, schedule and even conduct property-viewings on your behalf.
In all kinds of undertaking, hiring the professional help you need and opening your mind to all the possible setbacks can equip you with the necessary measures to be an emotionally and financially satisfied homeseller. Good luck!