When it comes to selling your home, you may feel like large amounts of stress are inevitable. While discomfort is to be expected with most lifechanging events, you can certainly minimize your stress level by adhering to a few simple tips and tricks. The following are ways you can help manage your stress when it comes to the home-selling process.
Take your time with the planning process. Deciding to sell your home, doesn’t mean that everything needs to fall into place on that very same day. Certain circumstances may require for you to sell your home in a very quick timeframe, but for the most part, you should allow yourself to get a game plan in motion. What are your goals when it comes to selling your home? What are you hoping to recoup in the reselling process? Being able to both keep, and update, a plan will serve you well throughout the duration of the selling process. Having deadlines readily available will help eliminate stress.
Don’t be afraid to ask for help, use the resources around you. Stress relief is often just a phone call away. While certain tasks may be easier to tackle independently, remember that reaching out is always an option. Are you unsure about a specific part of the process? Are you feeling overwhelmed with deadlines? Allow yourself to reach out to your contacts when necessary. Having a good team surrounding you can make all the difference when it comes to minimizing your stress levels.
Conduct an honest assessment of your home, is now an ideal time to sell? Maximizing profit, when it comes to selling a home, is an important component of the process for most sellers. That being said, certain times of the year are optimal for maximizing returns. Is it the dead of winter? Most reputable real estate agents will advise you to wait till spring. Are their major repairs that need attending to? Fix these issues before you try and market your home to potential sellers. If your home is riddled with problems, your stress level will skyrocket as potential buyers may continuously overlook your property, even if the home is ideal in other aspects. Don’t rely on certain aspects of the home to carry a sale if there are notable red flags.
If you’re unsure of your home’s overall value, consult your agent, and perhaps look into getting an appraisal done. Figuring out how to appropriately price your home can be a massive stress trigger for sellers. Not sure where to start? Enlist the help of your team. Real estate agents have access to information regarding your neighborhood that may affect your sale. They’ll be able to tell you what houses of comparable size, and quality, sold for in your area. Although, this doesn’t always account for certain lucrative amenities your home may possess. In fact, if you’ve done significant overhauls and remodels to your property, getting an appraisal may be worthwhile. In any case, seek the help of professionals when it comes to getting your home priced correctly. Having a home sit on the market for a considerable amount of time, will obviously correlate with your stress level. Get a second opinion when relevant.
Once you’ve hammered out the details regarding the property you’re selling, figure out where you’re headed to next. Not having a new home or living arrangement lined up, can be one of the biggest stressors of the entire selling process. The actual sale of your home is only one piece of a much larger puzzle. While you’re working on selling your home, it’s time to decide what your future plans entail. This doesn’t mean you need to have another home lined up immediately, but it is encouraged to have a general idea of where you’ll be next. Are you staying in the same city? The same state? Are you planning on buying a larger or smaller home? Do you need more space to breathe, or are you in a position to downsize? These are all questions that are important to mull over.
The highest monetary offer on your home, may not always be the most lucrative. This is where having a reputable real estate agent in the selling process is essential. Most sellers will automatically look at the highest offer on their home as the most financially smart. While this can often be the case, take the time to really digest the offer as a whole. Certain offers may have surprise clauses not automatically recognizable to you. Consult your agent and those on your team to decipher what the best comprehensive offer is, particularly if you find yourself attending to various offers.
We’ve discussed the importance of real estate agents in several of the previous points. Let’s discus the importance of finding the right real estate agent. Whether this is your first time selling, or you’re a seasoned veteran, finding a qualified real estate agent can help the entire process run significantly smoother. How do you find a good agent? There are a few things you can do to vet agents. For starters, the internet gives you access to reviews, at the click of a mouse. How long has this realtor been in the business? How many transactions have they completed? What are the popular companies in your area? These are some good questions to help you establish a point of reference. Have you had friends or family who have recently moved? Who did they work with, and were they satisfied? Those in your inner circle can steer you away from people they had bad experiences with, and/or lead you to a quality agent.
Take a deep breath, and remember, it’s okay to have emotions. Experiencing stress and feeling overwhelmed are completely normal when navigating the home selling process. Selling a home can be a surprisingly emotional experience, even if you’re happy to be moving on. Change can be intimidating whether it’s wanted or not. Allow yourself the space to feel sadness surrounding the sale of your home. This is why having an agent and others in your corner can help alleviate stress. Professionals will give you ample space to deal with the emotional aspects of the process, while they deal with the logistics.