Tips On Getting Ready to Sell!

Getting ready to sell can be challenging, hopefully this post will help you understand what’s needed to be successful!

  1. Get An Inspection: To many deals fall through due to inspection. Have this done prior to listing, it will save time on the deal, bring up possible repairs needed and give you a negotiating tool with the buyer (cost approx $400). You can also avoid possible law-suits down the road.
  2. Get A Broker Price Opinion (BPO): It’s very critical to have the property priced right from the beginning. This will avoid price-reductions and possible over-priced value come appraisal time.
  3. Get An Appraisal: If you disagree with your agent on estimated value from a BPO, this will give you a second professional opinion on market value (cost approx $500). Great negotiating tool with the buyer down the road (keep in mind most appraisals are good 90 days).
  4. Think Like The Buyer: Try and remove all attachment to the property (think like a buyer), ask yourself “What would it take to buy this home!” Be prepared for showings at different times of the day.
  5. Curb Appeal: Get the exterior ready! Maintain yard in the summer, remove snow in winter, trim trees, paint if needed, clean gutters, clean windows, remove all debris, wash siding and make sure all light fixtures are functional.
  6. Stage The Interior: It’s time to finish the spring cleaning you put off! Remove the clutter from counters, coffee tables, floors, bathrooms, bedrooms, and living space. Brighten up the rooms, fresh paint if needed. Keep the interior clean! Organize the garage, make it available for one or two cars. Great time to have a yard sale!
  7. Get An Overview Of The Selling Process: To many times sellers go into the selling process not knowing how it all flows. Many moving parts from contract to close (showings, title, inspection, hoa, appraisal, insurance and under-writing to name a few). Good to be advised and know what to except if something goes wrong!
  8. Get Familiar With Colorado Real Estate Contracts: It’s a real good idea to get familiar with Colorado Real Estate Contracts. Here are a few that you will see on transactions. 1. Definition of Working Relationships 2. Exclusive Right to Sell 3. Sellers Property Disclosure 4. Square Footage Disclosure 5. Closing Instructions 6. Lead Based Paint Disclosure 7. Water Source Addendum 8. Amend/Extend 9. Inspection Objection. 10. Termination. You can view these documents at the Colorado Division of Real Estate https://dre.colorado.gov/real-estate-broker-contracts-and-forms. Please contact me with any questions or clarification on forms.

Source: Ken Dunham Dunham Real Estate

  • This article is an opinion of the website holder, intended for informational purposes only.