Steps to Follow When Selling Your Home

• Deciding whether to go with a realtor or do it yourself
• Pick a price that works for your home
• Prepare your home
• Getting the word out / Advertising

Deciding whether to go with a realtor or do it yourself. This decision should be pretty simple. Do you want to wing it by doing all the work yourself, or go with a professional and be confidant that everything will turn out right without really even lifting a finger? Some people look at doing it “for sale by owner” for the fact that they will not have to pay any commission. The important aspects of this that you should be looking at are, whether or not you are willing to deal with the fact that 1. You may still end up paying commission for the buyer’s agent 2.The closing may not be done correctly, leaving you open to the future liability and costs. So you can either take the chance at doing it yourself and saving some cash, or feel comfortable knowing that everything is being taken care of by a professional.

Picking a price range that works for your home. When choosing your listing price you want to make sure that it is not too high. Having a high priced house can be the number one reason why it won’t sell. This is something you want to get professional advice on. If you decide to go with a realtor they will be able to guide you through this. If not be sure to give your local appraiser a call.

Prepare your home for sell. You want to make sure of a number of things, like does your home have curb appeal? This is very important because first impressions are everything to most buyers. Next you need to move to the inside, be sure that your home is how you would prefer to view it as buyer. Make sure there is no clutter so the buyers are able to get a good view of how the home would look with their furniture in it. You also want to fix any wear and tear before the showings. The less work it seems to need, the better the buyer will feel about making the purchase.

Advertise your home. There are many ways to get the word out on your home. This is another big factor as to why people choose to go with a realtor. Realtors will make sure to get the word out on your home in all the best ways possible. They also may have access to more resources than you. Tools to consider using when advertising;

• MLS- This is a huge one. Most realtors take their clients to see homes based on availability of the MLS.

• Open houses- When holding open houses it give buyers a chance to walk through the home without having to make an appointment or have their realtor with them.

• Yard sign-So that anyone who drives by knows your house is available and can even spread the word to friends and family

• Referrals-make sure to spread the word.

• Internet- simple options like posting it on craigslist or any other web site can really help out.

• Putting in the news paper EXT.

Conclusion:

So having done all this, now it is time that you receive offers. Make sure that the offer you approve suites you and is reasonable. Negotiate with the buyers to get the offer to where you would like it to be. And then close the deal! Having a realtor to guide you through the selling process can make a huge impact on how fast it sells or if it even sells at all. So think about what decision fits you best, and good luck!

Jamie Mades is a Realtor in Colorado Springs. You can learn more about real estate buying, selling and relocation to Colorado Springs by visiting his website at http://coloradospringsteam.com