Pre-Inspection Checklist

1. Fresh Paint:

   • Colors: Opt for neutral tones like beige, gray, or soft white to create a blank canvas.
   • Touch-ups: Address any scuffs or marks on walls and trim for a polished look.

2. Professional Cleaning:

   • Floors: Ensure hardwood, tile, or laminate is cleaned and polished. For carpets, consider deep cleaning or replacing if heavily stained.
   • Bathrooms and Kitchens: Focus on these high-impact areas; clean grout, fixtures, and surfaces thoroughly.

3. Lighting:

   • Fixtures: Replace old fixtures with modern designs that complement the home’s style.
   • Bulbs: Use bright, warm LED bulbs to enhance the space and improve energy efficiency.

4. Repairs:

   • Address any minor repairs like leaky faucets, squeaky doors, or cracked tiles to present a well-maintained property.

Pricing Strategy

1. Comparative Market Analysis (CMA):

   • Research: Gather data on recently sold homes in your neighborhood that are similar in size, condition, and features.
   • Adjustments: Consider unique features or upgrades in your home that may warrant a higher price, or conversely, factors that might lower the price.

2. Professional Appraisal:

   • Consider hiring an appraiser for an unbiased valuation, especially if you’re in a fluctuating market.

3. Market Trends:

   • Stay informed about local market trends, such as average days on market and buyer demand.

Closing Costs

1. Realtor Fees:

   • Typical commission ranges from 5% to 6% of the sale price. This is usually split between the listing and buyer’s agents.

2. Legal Fees:

   • Budget for lawyer or notary fees, which can vary by location but are essential for ensuring a smooth transaction.

3. Transfer Taxes:

   • Be aware of any transfer taxes or recording fees that may apply during the sale.

4. Home Warranty:

   • Consider offering a home warranty to buyers as an incentive, which can also impact your closing costs.

Timing Considerations

1. Market Analysis:

   • Monitor local real estate trends. Selling in a hot market can lead to competitive offers, while a slow market may necessitate more strategic pricing and marketing.

2. Seasonality:

   • Consider listing during peak home-buying seasons (typically spring and summer) for better visibility and higher demand.

3. Personal Timing:

   • Align your sale with your personal timeline for buying your next home. Factor in your job, family, and lifestyle when choosing the right moment to sell.

4. Contingency Planning:

   • Prepare for potential contingencies in case your sale takes longer than expected or if you find a new home before selling yours.