Here are seven items to take care of before putting your home on the market.
As a FSBO (For Sale By Owner) home seller, here are seven things you must do before putting your home on the market to help it sell quicker and for more money:
1. Declutter and depersonalize. Clean and clear is the general rule of thumb. Remove all personal items and pack them away. The buyer needs to be able to picture themselves living in your home. Another general rule of thumb is to leave one or two items on each surface, including the kitchen countertops.
2. Check your title. This is a step solo home sellers often miss. You want to have your title opened by a reputable title company so there are no surprises and you can address any issues ahead of time. That way, you can convey clear title to the buyer and sell on-schedule.
3. Work with a loan officer. This might sound strange since you’re selling your own home, but having a loan officer you can introduce buyers to can come in handy. They can verify that your buyer is able to purchase your home so you don’t waste your time.
4. Have your septic system pumped and inspected before listing. You need to know if there are any issues with your septic system so you don’t find out there’s a costly problem right in the middle of your transaction. Additionally, any buyer who uses a loan to purchase is required to provide their lender with a septic report saying that the septic system has been pumped and inspected within the last year, so beat them to the punch and make sure yours is ready.
5. Satisfy any appraisal conditions. Make sure your hot water tank has earthquake straps installed and carbon monoxide detectors are installed on all levels of the home. The appraiser will require this, so if your buyer is getting a loan, you’ll need to have these things in place.
6. Complete your disclosure statement. Here in the Pacific Northwest, we have a disclosure statement known as Form 17. You’ll go through this and answer any questions about your home that you’ll want to disclose to the buyer. I recommend you disclose everything so you’re protected and you’re informing the buyer that they can do their own due diligence on the home.
7. Get professional photos. About 95% of all buyers see the home they end up purchasing online first so make sure your home is showcased professionally. Homes with professional photos sell faster and for more money.
If you’d like to know more about how to sell your home yourself or you have any other real estate questions, don’t hesitate to reach out to me. I’d love to help you.