Selling one of your properties – and especially selling your personal home – can be a difficult task to tackle if you haven’t done it before. You need to know how the system works to the extent that you don’t get taken advantage of. You need to make sure you avoid the most common pitfalls before you sell one of your properties.
What to Do Before You Sell One of Your Properties: Create a Strategy
Planning is vital. No matter how good the market might seem, never assume you can just waltz into a listing hub and sell your house easily. You need to know where to go and what to do. There are many places that you can use to explore such options – sites like Zillow are a good example – but the number one thing you can do to sell effectively is to get an agent.
They’ll take a small commission percentage on the sale, but they’ll bring lots of experience and useful local knowledge to the table. If you want to sell without an agent, that’s okay, but make sure you know what hoops to jump through and how to go about it effectively.
Get an Inspection
Getting a professional inspection is a good idea for several reasons. You can do the best you can to check out the house and property and make sure that everything is in working order – but the untrained eye is going to miss some things. Sometimes, those things can be supremely important.
A professional inspector will know what to look for and how to spot endemic issues or other problems that could seriously compromise the sale. A home inspection will cover some basic points on your property that most buyers expect to be confirmed safe and maintained.
What to Do Before You Sell One of Your Properties: Prepare Aesthetically
Generally, you shouldn’t need a professional for this one (unless the home is in really bad shape). But you are going to want to clean as thoroughly as possible in preparation to sell. You’re also going to want to depersonalize the internal space. This means removing aesthetics, colors, fixtures, or any other interior or exterior elements that are unique enough to turn off potential buyers.
People like to be able to envision themselves living in a certain room – and that’s hard to do when the space in question is too gaudy or cluttered for their preferences.
Talk to experienced home sellers. Do lots of research on local blogs and articles to find out the best ways to go about the sale. Make a thorough and comprehensive plan – and then be ready to adjust as life throws you curveballs.
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The Southwest Florida Real Estate Investment Association is the leading source of SWFL real estate investing events that provide investment education and networking in southwest Florida. We analyze the housing market and foreclosures and provide information, education and networking events in order to build a network and knowledge base for investors and potential investors. Our members include real estate agent, brokers, investors, hedge fund managers, rehabbers, wholesalers and more.
Our SWFL REIA General Meeting is held in Fort Myers where we provide education on hot topics in investing and an opportunity to enjoy the camaraderie of your fellow investors. You’ll get a chance to ask for advice from successful real estate professionals and even make a few deals on your latest projects.
To become a member, anyone can register as an individual, a couple, or a corporation. Being a member opens the doors for endless networking opportunities, advice from members with decades of experience, new ideas from entrepreneurs, camaraderie with those just beginning, and deals and contracts done in the meeting room. For those interested in Cape Coral rental property investment and/or Fort Myers rental property investment, SWFL REIA will be able to provide a network to help launch a successful investment career.
The SWFL REIA is known and respected as a source of current, actionable and useful information about the housing market in the area that we meet.
We meet twice a month.
One of the premier sources for real estate investing networking and education is the SWFL REIA. In the real estate world, the SWFL REIA is different in that they do not do information product sales. Their meetings are focusing on the best ways of investing in real estate by collaborating with other property investors who are sharing their experiences.
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