It is exciting to put a house on the market and to think about making new memories in new spaces and your old memories you have made. Despite the anticipation of what is to come, we can still have deep sentimental attachments to the home we are leaving behind. Emotions & memories can help or hinder a sale depending on how we deal with them.

Homeowners need to know what it takes to avoid costly mistakes when it is time to move. Being mindful and prepared for the process can help you stay on the right track when selling your house.

1. Price Your Home Right

What to do when inventory is low in the current market? Most think it is common that buyers will pay whatever we ask when setting a listing price. That is not always true. Some forget that the buyer’s bank will send an appraisal to determine the fair market value for your house. The bank will not lend more than what the house is worth. Seller’s be aware that you might need to renegotiate the price after the appraisal. As a Realtor that is why it is our job to list your home at true market value.

 

2. Keep Your Emotions in Check

Homeowners today are living in their houses for a longer period. Since 1985, the average length or the time a homeowner has owned their home, has increased from 5 to 10 years. This is several years longer than what used to be. However, when you stay in one place for so long, most seem to become more emotionally attached to the space. Whether the first home you bought or the house where your children grew up, there have been a lot of memories made. It is hard to detach from the sentimental value.

Somehow for most homeowners it makes it even harder to negotiate and separate the emotional value of the house from the fair market price. That is why you need a Realtor to help you with the negotiations along the way.

3. Stage Your Home Properly

We are generally quite proud of our décor, not all buyers will feel the same way about your design. That is why it’s so important to make sure that your home is staged as if you have a buyer’s mind. Stage and declutter so they can visualize their own dreams as they walk down the hall. A real estate professional can help you with tips to get your home ready to stage and sell.

 

 

Bottom Line

 

Right now, with it being sellers’ market might be your best chance to make a move. If you are considering selling your house, call Camille Powell @ 615-207-3141 to help you navigate through the process while prioritizing these must-do’s.