How to Sell Your House During Chaotic Pandemic?
Mahadev Desai is the Founder and CEO of gharpedia.com and SDCPL a leading design consultancy firm having strong national presence. He has a degree in Civil Engineering (BE) and Law (LLB) and has rich experience of 45 years. Besides being the Editor in Chief, he also mentors team at GharPedia. He is associated with many professional bodies. He is also co-founder of 1mnt.in the first in Industry software for contractors’ billing. He is a voracious reader, edited 4 books, and pioneer of book reading movement in Gujarat, India.
Discover some significant tricks and tips on how to sell your house during a pandemic.
Selling a House During COVID-19 Pandemic
Selling a house can be an excruciating work, especially if you are doing it for the very first time.
However, don’t be stressed, below you will find some extremely beneficial guidelines on how to attract more buyers for your house. As lockdowns have been imposed, buying a house has become essential for people to be able to sojourn in-home quarantine.
That’s why selling your house can be beneficial both for you and the buyers. With all the advice given below, this can be a journey smooth as silk. With our tips, do it right, and stress-free!
Two Ways of Selling a House
If this is your first time selling a house then there are some key points to keep in mind. You need to choose how you want to sell your house and what are the pros and cons involved.
01. Sell it on Your Own – House for Sale By Owner:
You can enlist your house for sale by the owner (FSBO). This way you will have full control over the marketing and pricing of your house. You can set the price for your house and do not have to worry about paying any commission to the real estate agent.
However, there are many steps that you will be required to follow to get a catchy marketing scheme and that can get very intense particularly during the pandemic since you will have to manage a lot of factors at one time.
02. Enlist Your House with Real Estate Agent:
Finding a good real estate agent for your Myrtle Beach real estate is more advantageous. You may think that sharing a commission for your own house is not fair. Yet agent-listed properties are guaranteed to get you more profit than selling it by yourself.
Not only that. Agencies come with high expertise and therefore can connect you with potential buyers who will respect your needs and hence will save you time, energy, and money.
How to do it Safely?
First things first, you should inspect your house for repair and maintenance where necessary to ensure the house is in a good condition before you exhibit it to the buyers. It is also crucial to take some extra safety measures during this time.
01. Reduce In-Person Checks to Sell your House:
Try and avoid face to face interaction with your buys as much as possible. Take clear HD pictures of your house and provide the measurements of each room and the total area of the plot.
This will give the buyers a better idea of the house. In case buyers want to see the house, make sure to keep a distance of 6 feet from them.
02. Keep Inspection Kits:
Create a kit with gloves, masks, and sanitizers that you can provide to your latent buyers. If they want to touch any surfaces, advise them to wash their hands and disinfect everything before and after their visit.
Try to move out before selling your house. Understandably, this may not be a good option for many. However, try not to accompany your inspector and buyers while they come to look at your house.
03. Take your Home Buyer to the Virtual Tour of Home:
Use technology to the fullest. Upload videos of the house and give a live virtual tour if necessary. Keep a schedule for your appointments and meet with your buyers through meeting applications such as Google Hangouts or Zoom.
Take pictures and videos of your house and provide the links to interested buyers through email or Google drive. Create a market for your house using social media apps such as Facebook, Instagram, YouTube, Twitter, etc.
Give the virtual world a chance and see your life change.
04. Be Patient:
It is important to acknowledge that transactions made during this time may be delayed. If you are opting for an E-business service, be patient to receive details and feedback from your buyer.
The banks are super busy trying to fulfil everyone’s needs. Be kind and enduring towards your buyers. These delays are not their fault. Keep constant contact with your agents or buyers by email or using applications such as Whatsapp, Messenger, or simply by phone calls.
Provide as much help and information as you can.
05. Monitor Legal Work Properly:
Read all the legal paperwork that your agent has sent online or even shown you in person. Do not have misconceptions about the terms and conditions of the agreement, do not proceed without fully understanding about it.
Always research your buyers before giving your house away. Do not say too much to the home buyer. Try and stay composed and handle the situation with confidence.
Stay till the closing of the deal. Do not be in a hurry.
Refrain for Making Common Mistakes while Selling your Home
There are some common mistakes that people make while selling their house on their own. Do not set an unrealistic price for your house due to sentimental attachment.
Do not under-estimate the power of house-keeping. If your house is messy, you will not get a lot of buyers. Do not hang an insubstantial house for sale sign that you bought from your next-door local shop. It will reflect that you are not serious about the sale.
Be confident enough to be able to negotiate. If your buyer states a lower price, don’t be afraid to negotiate for a higher price. However, do it respectfully!
Be aware of the scam artists who pretend to be buyers just to foray into your home to steal things.
Lock Your Biggest Venture Securely
Your home is like a sacred place for you and it should be treated in the same way when you want to sell it. Keeping that in mind, you should be very careful while giving your house away during this pandemic.
Make sure to maintain all the necessary security protocols to ensure safety for both you as the seller and your potential home buyer.
Ready yourself with the right knowledge will help alleviate the stress that comes with so much uncertainty.
Do it correctly! Do it safely!
Hope this article helps you for selling your house during this COVID-19 pandemic. If you are interested in reading more articles related to this topic, refer,