How to Sell Your House in NJ
Call Matthew Killea Today (908) 489-2429 :: To ensure the sale of your home goes as smoothly as possible, working with the right real estate agent will help maximize your profits.
If you are ready to get your house on the market, give the professional team at Gateway Realty a call or connect with us online so we can help you through the home selling process. By considering the following steps, you will be able to make the right decision for you and your family.
How to Sell Your House in NJ
Determine your motivation for selling
Take some time to consider your reasons for selling. The process can be expensive and arduous, so make sure you’re making the right decision.
The first step toward understanding how much equity you’ll have when you sell is to call your mortgage lender and discuss your remaining mortgage balance. Knowing this amount can help you when it comes to budgeting for the improvement you’ll need to make before listing your house and will also help you plan for your future home purchase.
Find out the best time to sell in your area
By understanding the state of your local real estate market, you’ll be able to identify the best time to sell. This is especially true if you have flexibility in your timing because you will be able to wait for a seller’s market. This will allow you as the seller to have negotiation power.
At Gateway Realty, we can help you understand when the seller’s market is, ensuring that you get the maximum amount for your house.
Choose Your Real Estate Agent
One of the first things you’ll need to decide is which real estate agent will you choose to help you sell your home. Some people endeavor to sell their house on their own. However, there are many benefits to hiring a real estate agent. Some of these include:
- They understand pricing strategy and the fair market value
- They are listing experts
- They have access to comprehensive market exposure
- A buyer’s agent is more likely to show your listing
- They will negotiate professionally
- They have a thorough understanding of all the paperwork that is involved
Get your house ready
It typically takes some work to get your house ready to put up on the market. So you’ll need to take some time to get your home move-in ready. Many factors go into determining what improvements need to be made and which ones don’t. This is another way in which a real estate agent can help. They will look at your house objectively and will tell you which improvements will make a difference to potential buyers. They are a big help when it comes to making your to-do list.
Find the right price
Determining the right price for your home can be challenging. However, it is one of the most critical factors for a successful home sale. A house that is priced accurately is more likely to sell promptly. There are several tools at your disposal to help you price your home correctly. Your real estate agent can help!
Prepare your house to sell
Staging your home to sell includes arranging your furniture and organizing and decorating in a way that appeals to a wide variety of potential buyers. A few keys tips to staging your home include:
- Clean, declutter, and depersonalize
- Stage your house in a way that still fits your needs
- Clear out pet and kid belongings
Market your house effectively
Once your house is all ready for potential buyers to look at, it’s essential to get your listing out. It doesn’t matter how beautiful your home looks if no one sees it! This is another reason why having a real estate agent is critical. They are a key element when it comes to showing your home and finding potential buyers.
Get ready to overcome a few hurdles
Once your house is one the market, there may be some hurdles to overcome. But don’t be discouraged, this happens to almost every seller. Your home may not sell as quickly as you hoped, you may not get the perfect offer right away, or you may get it under contract only to find there are new issues that come up.
Again, these are all areas the team at Gateway Realty will assist you with. Some of the potential issues include:
- The home appraisal is too low
- Red flags on the home inspection report
- Problems with the buyer’s financing
The final steps
Once you overcome the hurdles, and you will, it’s time for the final steps. Once your home is under contract and it’s all moving along correctly, it will be time for you to move out! So you will have to plan for your moving costs, get the timing right, and then be prepared to move.
When the time comes to close on your house, you, as the seller will need to provide specific legal documents, hand over the keys, and complete the transaction.
Yes, there are a lot of things to do when it comes to selling your home. Give the professional team at Gateway Realty a call or connect with us online so we can help you maximize your profit and help you through the home selling process.