Selling is a complex and sometimes lengthy process—especially if you’re a first-time seller. Homeowners may be searching for a step-by-step guide to help them sell their first home effectively, and we’re here to help. This playbook will help you navigate the process of selling your first home easily, and to maximize your earnings in the process.
How to Sell Your First Home
Carefully working your way through these steps, whether it takes a month or a year, can help you sell your first home the right way.
- Discover Your Why.
Why exactly are you planning to sell? It’s time to figure out what it is you need. Some homeowners move to get more space or a bigger yard. Some want a different location or need to move for a job. Some downsize or sell for financial reasons alone. Determine exactly why you’re moving, a timeframe, and what you’re looking for in your next landing spot.
- Research the Market.
While you may not have any choice if you suddenly get a job offer, choosing when and how you sell can change the game. Research the market in your area and consider an appraisal for your home. You need a reliable estimate for how much your home can sell for and the best time to sell.
- Improve Your Home.
What could slow down potential buyers? What projects have you been neglecting? It’s time to fix that leaky faucet and replace that discolored laminate countertop. Finishing some projects around your home and yard (don’t forget curb appeal!) can attract more buyers and increase the value and sale price of your home.
- Get a Realtor or Prepare to Sell by Owner.
Most homes today are sold with the help of a realtor, and there are distinct advantages to the expertise of a real estate agent. However, some homeowners prefer to sell their home on their own (For Sale By Owner = FSBO). Take some time to consider the pros and cons of each approach and choose the one that works best for you.
- Stage Your Home.
Some agencies may encourage you to work on staging your home for showings. Still, it’s actually a good idea to stage your home before you list it so you can take eye-catching photos and prepare more easily for open houses and last-second showings. Staging your home means removing personal effects, paring down your furniture and decorations, and hiding all items that make your home look cluttered. To stage your home, you want to showcase the space and help a potential buyer imagine their life there.
- List & Market Your Home.
Once you have prepared your home and taken stunning photos (professionally, please!), you’re ready to list your home officially. Use market research, your goals, and the advice of your realtor to price your home competitively. Then market through multiple channels to reach the maximum amount of potential buyers.
- Prepare to Move.
According to Zillow, the average time for a home to sell in 2018 was 60-90 days. Once your home is listed, you need to be ready to move quickly. Begin packing items you won’t need, such as books, decor, seasonal items, etc.
We Make It Easy to Sell
If this list sounds impossible, or just inconvenient, call Sell Your OKC Home. We can make the process fast, easy, and lucrative to sell your home and move on to your next adventure.