Home Selling | How to Plan for Success

June 30, 2020

Putting your house up for sale is something that no homeowner wants to take lightly. The ROI you could receive from the process could significantly propel you forward financially, but that takes planning. No matter where you live or the age of your home, you can still get a good price for your effort if you have a concrete plan in mind. So, here are some of the key elements of how to formulate a home-selling plan, geared for success.

home selling plan for success

 

Know Your Competition

This is something that you can make use of no matter how close you are to needing to sell, though the earlier, the better. If you’re still far away from actually putting the house up for sale, look at some of the design features and elements other homes have. You may be able to do a remodel to raise your asking price. If you’re closer, you can at least see what price range the houses closest to yours in the layout are selling for so you can act appropriately. If you need some extra inspiration, check out some of these stunning properties around Victoria on our Featured Listings Page.

 

Be Prepared to Sell

Many people fear not getting their house sold on time, but sometimes, the opposite can happen, and you can sell quicker than you planned. Suddenly, you have other people ready to move in but nowhere concrete to go. As a result, you may want to either think about some areas to stay before you list your home, or have a bridge option like staying with family. The last thing you want to do is something like choosing the first home available or staying in a hotel, as these can be expensive and unpleasant commitments.

 

Consider Inspections Beforehand

In most areas, it’s required by law for a home inspection to be done to make sure a building is up to code before you sell it. This is paid for by the buyer. However, well before you put your home up for sale, it may be a good idea to pay for your own home inspection. The main reason for this is just to attend to any issues before buyers look at your house. For example, if you find a foundation issue beforehand, you can attend to it. If it’s not done until buyers view your property then you may either lose the buyer, or have to significantly lower your asking price. If you’re not sure where to find a third-party service to use for inspection, reach out to a real estate agent near you, they can help.

 

Work with an Expert

Now that you know how to properly form a home selling plan geared for success, you can feel more confident going forward. But because of the stakes involved, you can’t afford to miss a single step of the plan before putting together that listing. For ultimate peace of mind, and to make sure you have all your bases covered, reach out to the best realtor in Victoria BC. We have all the expertise and insight needed to set you up for a smooth and successful home sale. If you’re looking for that kind of support, be sure to Contact Our Team today.