FAQs

How do I prepare my home before i sell it?

Before selling your home it is important to prepare it well in order to attract potential buyers. Start by decluttering and deep-cleaning the home.

  • Clean carpets and polish hardwood floors.
  • Paint walls in neutral colors to appeal to a broad range of buyers.
  • Get any necessary repair work done and fix any plumbing or electrical issues.
  • Make sure the roof is in good condition.
  • Keep landscaping tidy and consider adding flowers and trees.
  • Update light fixtures and any outdated appliances.
  • Make sure all doors and windows close properly.

Staging the home can also be very helpful and allow potential buyers to envision themselves living there. All of these steps will help you present your home in its best light for potential buyers.

How long will it take to sell my home?

The amount of time it takes to sell a home will depend on a variety of factors.

  • First, the age of the home is key. Homes that are newer or recently renovated tend to sell faster than older homes, while some buyers are willing to put in the work to upgrade an older home.
  • Second, local market conditions will affect the time it takes to sell a home. A robust market favors sellers, as homes typically sell quickly.
  • Third, where the home is located can also impact the amount of time it takes to sell. Homes located in popular neighborhoods or near amenities generally sell more quickly than those in remote areas.
  • Fourth, the list price of the home is critical. Homes listed too close to or above market value may take longer to sell, while an attractively-priced listing can attract more buyers and may sell faster. Homes in top-notch condition, with updates and modern appliances, will sell more quickly than those that need work, as buyers may be reluctant to tackle a significant repair project.

Should I buy a new home before selling my old one?

You can do it but its typically not recommended to buy a new home before selling your old one.

  • Doing so can put you in a precarious financial position where you are responsible for two mortgages. It is rare for two home sales to line up perfectly, and most buyers need to close on their old home before they can move on to the new one.
  • Buying a new home before you sell your old one also means risking long closing periods and cash-flow issues. If your new home takes longer to close than expected and requires short-term financing, you may be left in a situation where you need to meet two mortgage payments using funds that you haven’t yet collected from the sale of your old home.
  • It is very necessary to make sure you do not deplete your savings or commit a large portion of your income, which may make it very difficult for you to meet other financial obligations.

How can I save money when selling a home?

There are very many ways to do this,

  • First, when selling a home, it is very important to negotiate your realtor's fees and commission. This is usually the largest expense associated with selling a home
  • Preparing the home for sale by making minor improvements such as freshening up paint and fixing any minor repairs may greatly increase the value of your unit and motivate many clients to commit.
  • Finally, work with a good real estate attorney to review and advise any legal paperwork, as this could save you from making costly mistakes.