5 Key Challenges to Selling a House & How to Overcome Them

sold house

Selling your house can be a tricky time. There is a lot to think about, and for most of us, this is not something we are going to be regularly doing so it can be very daunting and a stress to get it right. Don’t worry though; we are providing this concise guide to the critical challenges in selling a house and how to overcome them.

Getting the Price Right

How do you go about setting the correct price for your house? A starting place should be asking the advice of your realtor as they will have a vastly more informed knowledge of the local market and current sale prices. Another thought could be rather than thinking about what you could get for the property may be considering what you need to get to perhaps satisfy your lender and make the move you need. Because unless you own the house as an investment, then you need to be able to justify that move.

Problems in the Home

It’s crucial to minimize any issues the house may have before putting it on the market. This is essential for two main reasons. Firstly, it will impact the asking price you can get away with; and secondly, it will expedite the length of time it will take to sell the property. So, it is vital to attend to any of these small, niggling maintenance issues and get them set right before setting the price.

Who is to Sell the House?

The question of how to list the house always comes up. Many never see past the traditional idea of hiring a realtor, having them list it, and promote the home, resulting in a sale at the end of the process, and there is nothing wrong with this approach, in some circumstances. But if you want to get a quicker deal, without all the hassle, then there are house-buying firms such as We Buy CLE who can sort this out in practically no time at all.

Lawyers & Surveyors – Get it Right

This is the boring bit that none of us want to spend our time dealing with or even completely understand, otherwise, we wouldn’t need them. But getting the best lawyers to represent you is a crucial task, as making sure the contracts are all water-tight and above board will prevent you from encountering issues further down the line. Getting accurate and detailed surveys are also essential, and you would be best advised to get both a land and building survey so that you are aware of everything before the buyers get involved.

Choosing the Best Time to Sell

Timing is everything as they say, and this is as true in selling a house as it is in any other aspect of life or business. It seems the statistics tell us that spring and summer are when homes sell both in the quickest time and for the highest cost. It’s hard to say why, perhaps it’s as simple as the fact that everything looks more appealing in the good weather. But no matter why it’s a good idea to list in this window.

About Amanda

I love to buy a lot of products for the home, and dissect them out. I split them into duds and winners, and share the findings here on my site. As a reader of my site, I'm hoping for your next purchase to be an informed and inspired one.

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