The First Rule of Home Selling

Home sellers waiting for offers - home selling concept

There are plenty of legal rules to understand when selling your home. No matter what method you use (hiring a Realtor®, for sale by owner, cash sale to an investor, etc.), you will want to understand the legal and financial ramifications of selling real estate. This is the best way to protect yourself and avoid any major problems during or after the transaction.

The #1 Rule of Home Selling

However, we want to identify one very important “rule” that you must be ready to follow throughout the home selling process:

BE PATIENT!

These two simple words can save you some money and headaches. Again, it doesn’t matter how you are selling your house. It helps to be patient, take your time to understand every step of the process, and think before you act. It’s true some home sales can be completed much faster than others. For example, a cash sale can be closed in a matter of weeks while selling through a real estate agent may take several months at best. Either way, it pays to be patient and make smart decisions.

It May Take Some Time

Patience is definitely a virtue when it comes to traditional real estate sales (through a Realtor®) or in “for sale by owner” (FSBO) situations. You will want to take the time to get your house ready for the market. Clean it properly and make repairs/upgrades that will help boost its resale value. Focus on things that will pay for themselves when the transaction is complete. If it costs you $1,000 to make a certain repair and it will only net $500 extra value during the sale, it may not be worth it. Focus on the most important stuff that potential buyers will appreciate.

If you are hiring a real estate agent to represent you during your home sale, ask around, read reviews and interview several Realtors®. Find someone who makes you feel comfortable and confident before signing a listing agreement. Ask a lot of questions and make sure you get the answers you need.

Then, comes the listing process. The property may need to be staged and prepped for open houses, photographs, videos, virtual tours, etc. This takes time to do things right. A well-presented property will attract more buyers and better offers. Be patient during the marketing and showing stages. Review any offers carefully to avoid bad deals. Make sure you set your expectations accordingly, while getting enough of what you want from the final home sale.

Cash Home Selling – Make Smart Decisions

If time is not on your side and you are selling to a cash home buyer like PropertyLark, you still want to think over the offer carefully before accepting it. Make sure it meets your needs. Consider your desired move-out date and let us know when you would like the transaction to close. We can work very quickly and close in a week, or you can have more time if you need it. You will need to be ready to act faster in this kind of cash home selling situation, but you still want to make a smart decision in the end.

Some home sellers are in a position where they need to sell quickly. Life happens and we understand. You may be facing a divorce, unwanted inherited property, financial distress, pre-foreclosure, job relocation or some other challenge that requires an expedited home selling process. PropertyLark works with you to find the best home selling solution, whether that’s a fast cash sale or a traditional sale through our team of licensed real estate professionals.

If you are ready to sell, contact PropertyLark today to discuss your options. Get started by filling out the contact form on the right. Tell us a little about you and your property and we’ll get back to you with a cash offer or other home selling solutions to suit your needs.