Selling a home can be a stressful and emotional journey. You might have to put in a lot of time and money. You might also experience some pressure in your quest to get the best return on your investment. Add to that the attachment you’ve had to the home you have probably lived in for years, especially if it’s your first home or one that holds a lot of special memories.
Getting emotional is inevitable. But it’s important to not let your emotions cloud your judgment and lead you to make irrational decisions. Here’s a home seller’s guide to help you keep your emotions in check when selling your home.
Manage your expectations
We all want to get the best value out of our investment, but it’s also important to be realistic. Homebuyers will have their own budgets and expectations, so negotiations and disappointments are part of the process. Accept and be prepared for the fact that the deal should always be beneficial for both parties.
Keep yourself updated with your local real estate conditions to keep realistic expectations. When you base the home’s price on how you have taken care of and upgraded your home alone, you might go over its actual market value. Do your research and work with real estate professionals who can give you home selling tips to make sure you put your house up for sale at the right price.
Are you ready to sell?
Identify your reasons for selling to make sure you understand your purpose. Selling takes time and effort, so you want to make sure you are ready to go through with it.
Once you’ve identified your motivation/s, list them down. You might be selling your home for financial gain or personal reasons. Maybe you want to downsize or upsize. You might have also found a better location near your school or work. It could also be that you’re simply ready to move on.
If you find yourself struggling to come up with good enough reasons to move and sell your home, wait and re-evaluate.
Be professional and keep an open mind
Once you put your house up for sale, it is now open to public scrutiny. Potential buyers, real estate agents, and inspectors will explore your property and provide feedback. No matter how well-maintained your house is, there may still be some overlooked flaws that will be revealed.
Remember that selling your home is a business transaction. Look at it as a product you are selling and be professional. Do not take feedback personally. Put yourself in the buyer’s perspective to understand what they want and don’t want to see. This will also help you decide which features to highlight so you can improve the value of your home.
Be involved in the selling process
While this might sound contradictory to emotionally detaching yourself, it is best practice for you to stay hands-on throughout the home selling journey. It can be a cathartic process that will help you let go of the home. On the more practical side of things, it’s good to be on top of things. After all, selling your home requires equal effort from you and your real estate agent.
Some of the things you can do on your end include keeping the home neat and organized for showings and inspections. Ask your agent for home staging tips for sellers so you can present your home at its best. Listen to feedback and advice and keep your lines open for questions or things that potential buyers and Realtors may ask from you.
Lastly, keep yourself in the loop and understand all paperwork. Ask questions for anything you don’t understand.
Focus on the future
While it can be bittersweet to leave the memories behind in your old home, think about how exciting it is to move forward and make new memories in your new house. Prepare yourself for what’s next. Focus on making plans and arranging your space to be more like the home you’ve always wanted.
To help you prevent seller’s remorse and the right decisions when selling your home, work with real estate professionals that will guide you every step of the way.
Here at RE/MAX Direct, our award-winning team will provide you with professional insights appropriate to your needs and motives. And when you finally decide that you are ready to sell, we are here to give you proper advice on how to sell a house fast. Get in touch with us now at 610.430.8100 or send us an email at remaxdirectwc(at)gmail(dotted)com to get started.