5 “Must Have’s” For Your Property Sale Checklist

Buying or selling the property is never going to be an easy task. Owing to this very reason, you have to make a proper checklist when you’re selling your property. This checklist would ensure that you are able to go according to a proper procedure when it comes to selling your property. Instead of skipping any essential step which might hamper the deal at a later stage, you have to follow the checklist on a consistent basis to ensure that the deal is going through quite smoothly. We would share with you some of the things which you should definitely include in your checklist whenever you’re trying to sell the property.

1. Choosing the right real estate agent:
There’s a number of reasons why you need to choose the right agent for your property. I know most people think agents drive flash cars and open doors and not much else. But if that was true we would have been found out decades ago.

One reason to choose the right agent is the negotiation skills the agent offers. If you put your buyers hat on and think about the times you’ve been involved in purchasing a property you’ll probably understand that buyers NEVER want to pay your price.

Basically what you’re doing is you’re putting someone between you the owner of the property and the buyer – someone who wants to buy it.

Now, every seller wants more than their place is worth – that’s a fact – and every buyer wants to pay less than what it’s worth. So you have that compressed air, and that compressed air sometimes can be $60,000 or $70,000 worth.

If you’re dealing with an agent who doesn’t know how to negotiate to get you the highest price – because they are working for you at the end of the day; you’re going to pay their commission – if they don’t have the skills to do that then you’re leaving thousands and thousands of dollars on the table.

After looking into these points, you would be able to choose the real estate agent.

2. Setting a proper price for the property:
The best time to sell your house is in the first 30 days of the marketing campaign. The best time to buy is in the next 30 days of the marketing campaign. If you price your property incorrectly you’ll fail to attract the buyers you need to create competition for your home and it’s this competition that will get you the best price for your home.

3. Using proper marketing plans:
Instead of relying on just your real estate agent in order to sell the property, you have to always create proper marketing plans. You yourself can utilize the online resources in order to advertise your property. When you’re able to do that, it becomes automatically easier for you to get a lot of interest from different buyers. If you’re having multiple offers, it becomes easier for you to get a higher valuation for the property. That is why, instead of relying only on your real estate agent, you have to build proper marketing plans. The more you raise the property, the more would be the chances of finding multiple buyers. This would ensure that not only the deal would get done safely but also the deal would get done at a higher price as well. When it comes to the marketing plans, instead of just looking at the expenses, you have to look at the return on investment which you would be able to get from the marketing of the property which you are doing.

4. Method of selling the property:
You can sell off the property to the one buyer or if you’re having the interest from multiple buyers, you can even try to hold out an auction. That is why you have to find out the method which you’re going to utilize in order to sell the property. Once you’re able to decide on the method, it becomes easier for you to progress in that very direction. You need to understand each and every method of selling your property and then you have to choose the method which you want to opt for.

5. Getting the property ready for selling:
Before you sell the property, you have to not only ensure that you are removing all your belongings from the property but you have to also ensure that the property is in proper condition. Once you’re able to do that, it becomes easier for you to prepare your property for selling. Also, you have to look into the fixtures which you are keeping at the property and the fixtures and appliances which you want to take from the property. You have to communicate the same with the buyer of the property as well. Once you’re able to do that, it becomes easier for you to keep the property ready for selling. This would ensure that once the negotiations are done, you would be able to hand over the property quite easily without any kind of delay. This is one of the main advantages which you have whenever you’re selling the property.

So, if you’re trying to build a checklist for selling the property, these are the points which you should definitely include in your checklist.