Before You List Your Home
Now that you are selling your home, you need to figure out how to turn it into the most valuable asset it can be
. If you want to know how, Our Essential House Selling Tips will be able to help you.
Increase Your Equity When Selling Your Home by Thinking of Your Home as a Financial Asset
Taking place when you start the process of selling your home is a transaction. The question you need to answer is how do you get the most equity out of your house and you will also see your home as not a home, but as a financial asset.
With this one piece of advice, you of your home selling decisions will come into sharp perspective. When selling a home, the biggest reason that a home doesn't sell at the best price on the market, or within a reasonable timeframe, or with equitable terms, is because of this one simple decision isn't make by the seller(s).
When you decide to sell your home, your first decision is to separate yourself from the personal feelings you have about the house. Often when you talk with Realtors about buying real estate, we'll refer to your new property as a "home." Often, when you are selling a property, then we will refer to your property as a house. While buying a home is often an emotional decision, selling a house is a financial decision, one for which emotional detachment is needed. Potential home buyers don't care and don't want to know about the memories, or sentimental attachment you have in your home. In fact, the best way to sell your home is to make it seem like you don't live there. You'll learn more about that in the next section.
When you decide to sell your home, resolve to yourself that your home no longer belongs to you. When you think of your house as another financial transaction such as a currency trade or a commodity trade, you think more clearly about all the decisions you need to make before you close on escrow. Buyer's on the other hand invest emotion into the purchase of their new home and it is in your best financial interest to do everything possible to allow them to see your house as their new home. The downside to not detaching yourself emotionally from selling your house is that the process becomes more difficult for you, and at times, unconsciously, you can either drive potential buyers away, reduce to opportunity for all potential buyers to see your house or unintentionally create other situations that take it longer than need be to sell your house.
by: Julia Legrand
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