What Should Homeowners Know Before Selling Their Home?
LOUISIANA REALTORS • May 23, 2017
Making the decision to sell your home
is an important one. There is a lot of time, energy, emotion, and money at stake in this process, so being prepared is crucial. But how do you prepare and what do you need to know in order to achieve your goal of successfully selling your home? Here are 5 things every homeowner should know before selling their home.
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1.) Hire a REALTOR®
First and foremost interview and hire a REALTOR®. This is arguably the most important step in any real estate transaction. In your interview, look for expertise and knowledge about the market, gauge the REALTORS’ character for education experience along with a high moral and ethical guideline. Using a REALTOR® will help you arrive at the best price for your home and attract qualified buyers to ensure that you get what you need from the transaction.
2.) Consider a Pre-Listing Inspection
Having your home looked over by a professional can give you great insight into what type of work may need to be done. Having this information available before you list can help in the decision making process and allow you to remedy anything that could become an issue down the road. You may also want to consider these other types of inspections: pest, radon, septic, chimney, etc.
3.) Improve Curb Appeal
First impressions are vitally important when it comes to real estate. Any potential buyer’s initial interaction with your property will be from the outside. Fresh landscaping, a coat of paint, a neatly kept lawn, and other aesthetic features can only help ensure a positive impression while your home is on the market.
4.) Gather All Documents
Any documents and paperwork you have amassed over the years relating to your home can be a great resource for your REALTOR®. The history, upkeep, upgrades, and mechanics of your home allows for compelling information to be created, as well as the pertinent information buyers need and want. HVAC records, roof documents, appliance warranties, remodeling information, and other documents are all valuable throughout the selling process.
5.) Prepare Your Home for Showings
This is an essential part of the process. Clearing the clutter, organizing the different spaces of your home, and creating a positive environment for potential buyers can greatly impact the speed and price at which your home will sell.
While there is much to do and consider when preparing to sell your home, your top priority should be to hire a REALTOR® to guide and advise you through the process.
Louisiana REALTORS® CEO Norman Morris issued the following statement after SpaceX announced plans to invest $100 billion in a new launch facility in Vermilion Parish. The project is expected to create 3,000 direct jobs and more than 8,100 indirect jobs across Acadiana. “SpaceX’s investment is an extraordinary economic win for Louisiana. We congratulate Governor Jeff Landry, Louisiana Economic Development Secretary Susan Bourgeois, Vermilion Parish leaders, and everyone who helped bring this historic project home. The housing and infrastructure improvements needed to support more than 11,000 new job opportunities should generate a huge economic boost to the Acadiana and Gulf Coast region. According to the National Association of REALTORS®, each typical Louisiana home sale generates approximately $88,600 in economic activity. Even if only half of the new SpaceX related jobs lead to a home purchase, the impact would generate nearly half a billion dollars across our state's economy. That improves our tax base and school systems, and ripples through our economy touching builders, bankers, hardware stores, appliance dealers, contractors and so many more. “Housing is not downstream of economic development; it is an essential infrastructure. Louisiana REALTORS® and our partners stand ready to help turn these new jobs into homes, stronger communities and lasting roots in Louisiana. Economic development creates jobs, but housing turns those jobs into homes. Let’s make Louisiana home again, together.” Economic-impact estimates are illustrative calculations by Louisiana REALTORS® using employment projections from Louisiana Economic Development and the National Association of REALTORS®’ estimated economic impact per typical Louisiana home sale. They are not forecasts or recurring annual-impact figures. Enjoy the video below from the Louisiana Department of Economic Development .
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