If you are thinking about home selling in Minnesota, you may be a bit overwhelmed with the whole process. There is a lot to take into consideration, but it does not have to be hard with the right steps in place. Here is a short guide that will help you sell your St. Paul home quickly.
1. Clean It Up
Before you do anything, clean your house from top to bottom so it looks its best. Wash the carpets, wax the floors, put fresh paint on the walls, and do any other touchups you can to make your home look in top shape. This will make people who are home buying more excited about what your home has to offer. Make sure to think about the front as well because curb appeal can make or break a sale. Many home buyers have been known to simply drive by a house and never go in if the outside is in less than desirable condition. This can be difficult in the winter or early spring in Minnesota as we are still cleaning up the outside yard.
2. Price It
You need to pick an appropriate starting price for your home. Look at comparable properties that have recently sold in your area and see what they were going for. Do not pick a price that is too low because you will need to assume that buyers will offer you a lower price than what you ask. You want to have a little room to negotiate, especially if you are competing with the many foreclosures that St. Paul has right now.
3. List It
Get your home in the public eye. Find a real estate agent to work with, or do all you can to get people to look at it. You could schedule an open house for a certain day that you advertise online and in the paper, or you could just use those resources to list features of your Saint Paul home. If you can, put pictures on the ad to let people see what it looks like. This will draw in buyers who may actually be interested in the purchase.
You need to stick to your guns during the negotiation. Expect the price to drop a little bit, but do not do a drastic reduction unless you need to sell immediately. If that is the case, you may want to drop the prices on your ads if no one wants to buy the home after a month or so. You do have to be patient about this, but in the end, you should not have to wait too long. Try to be fair in your negotiations, but do not lose a ton of money in the long run. Once you do make the final sale, you can reinvest the money in your next home.
I am a licensed Realtor in the State of Minnesota. This website is not a multiple listing service, but each Minnesota & Minneapolis real estate agent is a member of the Regional MLS of MN, inc., a provider of the Minnesota MLS.