Selling your home may feel like a daunting task. It needs much more work than buying a home. If you’ve never sold a home before, you may feel intimidated by how complex it can be. From determining the correct price to navigating through exhaustive contractual agreements, it is a challenging process.
To help you get started in your journey, here is a six-step guide to selling your home in Colorado:
1. Choose A Real Estate Agent
Home-sellers who work with real estate agents net about 33 percent more than those who list on their own and go FSBO all the way; the entire selling experience rests upon the efficiency and ability of the real estate agent you hire.
This event affects your life and your family. The last thing you need is to find yourself in a situation with severe consequences with long-term implications that will cost you money.
Here are some questions to ask the potential Colorado real estate agents you are considering:
● Do they hire professional photographers to take pictures? ● Do they coordinate all of the showings, or do they use a service? ● What type of lockboxes do they use? ● How many Colorado homes do they sell a year, and how does that compare with the average? ● Do they have an online presence? ● How will they promote your listing? ● What services do they offer that other Colorado real estate agents do not?
The best Colorado listing agents know precisely what the buyers want and how to reach out to them. They’ll bring their experience, their expert advice, and guidance to the table, besides supporting you every step of the way, from the initial listing through closing the deal.
2. Prepare your Home for Sale
Do you know how to prepare for a home sale? Most people think that the first and only step to selling their property is to list it on the MLS. In reality, to be an effective home-seller, you have to make preparations much before listing. During this pre-selling process, you need to look at your house through the eyes of a buyer.
Here are three checkpoints you need to consider when preparing your home for sale:
● Revamp your home, inside and out. Declutter, deep clean, and remove any traces of your pets and personal items. ● Master curb appeal ● Consult with your real estate agent if you need any cost-effective upgrades to help you get a higher price.
3. Settle the List Price
One of the most crucial steps in selling your house is deciding on the listing price. The longer your property is listed, the lower the chances of a sale. It makes your decision on the list price all the more critical.
It’s relatively easy to make an emotional decision and set the price at what you wish or hope it to be. But this price is the first make-or-break factor for you and hence seeking professional help is highly recommended.
Setting the list price accurately early on influences things like time spent on the market and the eventual sale price. Your home value will increase, and you will receive higher offers if the area experiences a seller’s market.
However, you don’t need to worry because preparing your home can help boost your home value, and with the help of your real estate agent, you should be receiving offers in no time.
4. Hire a Professional Stager
If the home you’re selling is already vacant, or if the staging process seems overwhelming, you can hire a professional cleaning company and then enlist the help of a professional stating company.
Staging is a great tactic in property sales, especially if you’re looking for ways to have your house sold fast. Staging helps open up spaces and makes rooms look larger. If you want to speed up the process, you’ll want to put all of your personal belongings in storage or ask a friend to help you out.
A professional stager will bring their own furniture, including the decor that will work best for you. A stager will also get everything arranged in a way that draws the potential buyer’s eyes to your home’s best features while making it feel warm and welcoming.
Digital staging is another option wherein computer software programs can overlay digital images over images of the rooms in your home.
5. Market Your Home
The agent representing your property should be increasing your visibility by placing your listing on websites and reaching out to other agents. There are many other ways an agent can market a property. Make sure you stay updated on their plan and progress.
Additionally, you’ll also need professional photos taken of your property for your listing. Your agent should know a good photographer and can also help with the staging. You’ll also need an inviting listing description to accompany your photos.
This is also another area where your agent can be of great help. Remember to include any unique features your house might have to offer. Features like mountain views, granite counters, or a stand out minimalist architecture increase your chances of getting a great price.
6. Final Discussions and Closing
At the closing table, you will be required to sign the remaining documents, which, in many cases, can also be digitally signed. This is also when the title is transferred and you’ll get your keys.
As a ‘table funding’ state, Colorado requires buyers to pay all closing costs at the closing table.
Selling a home is a pretty complicated process with far-reaching consequences. Make sure you understand everything in the legal documents you are signing. With that in mind, it pays to have a trusted, experienced professional real estate agent in your court to assist you through your journey.
Have Questions? Ask Andrea Cashdollar!
I take my customer service very seriously and will respond within 24 hours. Your satisfaction is my number one priority and I look forward to being able to help you in any way that I can. Ask me anything below or feel free to reach out to me via email or phone. Talk soon!
Have Questions? Ask Andrea Cashdollar!
I take my customer service very seriously and will respond within 24 hours. Your satisfaction is my number one priority and I look forward to being able to help you in any way that I can. Ask me anything below or feel free to reach out to me via email or phone. Talk soon!
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