5 Steps to Take When You’re Ready to Sell Your House

key in door lock with house key chain

Your home is likely your largest investment.

When it’s time to sell, you’ll want your investment to impress buyers and earn top dollar.

A real estate agent can suggest ways to make the process go smoothly, but all homeowners can take some basic steps even without professional help.

Here are five important steps to take when you’re ready to sell your house.

1. Declutter

Remove knickknacks, toys and other belongings that clutter the rooms in your house to make the spaces seem larger and more open.

Buyers will also have fewer distractions as they walk through the home.

Don’t plan on shoving your clutter into closets, though, because potential buyers will open closet doors as they tour your house. If you have a lot of clutter and find it hard to get organized, consider temporarily renting storage space for some of your belongings.

2. Repair damaged items

If you have small issues, such as holes in walls or lights that don’t work, now’s the time to fix them.

To get an idea of what you need to repair, walk through your home and imagine yourself as a buyer, or walk through with a friend you can trust.

Are there defects that you’ve learned to overlook but that would catch your attention when seeing them for the first time?

You’ll also want to make sure you correct major issues that a buyer may not see immediately, such as problems with the heating and cooling system, before you put your home on the market.

A potential buyer will probably hire a home inspector before closing. If the inspector finds problems, the sale could be put on hold until they’re resolved.

3. Deep clean

Go beyond your weekly cleaning routine.

Every surface a potential buyer sees is a surface that needs to be clean. Messy spaces could send the message that you don’t take care of your home, and it could make potential buyers wonder what else is wrong with the property.

A deep cleaning means shampooing carpets, washing windows and cleaning tile grout throughout the house.

Pay special attention to bathrooms; make sure fixtures are sparkling and wipe out any dirt rings or mold patches.

Keep up the cleaning routine while your home is on the market. If you’re pressed for time, consider hiring a weekly cleaning service.

4. Plan pleasing scents

You probably don’t want buyers who enter your home to catch lingering odors from last night’s dinner.

For a nicer aroma, add fragrances around the kitchen and throughout your home.

The smell of freshly baked cookies is pleasant for many buyers. If you prepare a batch just before a showing — and offer them to the buyer and real estate agent — you could make your home stand out.

There’s no need to worry if you’re not much of a baker.

A few well-placed sticks of cinnamon or citrus fruit, such as oranges, can also produce a refreshing scent.

In fact, a 2013 study published in the Journal of Retailing and reported by the Wall Street Journal determined that a simple orange aroma encouraged buyers to spend more money at a home decor store, compared with other scents.

5. Stage your home

Your decor expresses your personality, but home shoppers may have different tastes.

Consider changing the decor to appeal to a large number of buyers. This practice is known as “staging,” and it could mean you rearrange furniture, tone down dramatic wall paint with more neutral colors or even rent new pieces of furniture until the home is sold.

In a 2015 National Association of Realtors report on home staging, 52 percent of buyers agents reported that their buyers were willing to increase the amount of money offered for a staged home compared with a similar property.

You could ask your real estate agent for design suggestions and stage your home on your own. Or if you’d prefer a professional home stager, your agent may be able to suggest someone.

You can also contact the Real Estate Staging Association for names. The survey showed the median amount homeowners paid for staging services was $675.

Take note of these five steps to get your home ready to sell before you put it on the market. The effort you make repairing, cleaning and staging can pay off big when a buyer makes an attractive offer on your house.

Margarette Burnette is a staff writer at NerdWallet, a personal finance website. Email: mburnette@nerdwallet.com. Twitter: @margarette.

NerdWallet is a Lake Homes Realty / LakeHomes.com content partner providing real estate news and commentary. Its content is produced independently of Lake Homes Realty and LakeHomes.com.

7 Must Haves for an Open House

Having an open house is your chance to make your home shine and sell it right away. There are a few aspects of an open house that should not be over looked. It will help you sell the home fast. Selling it fast means more money. The longer the house stays on the market, the longer you are paying the mortgage.

1. Informational Packets

It is important to have informational packets available. Potential homebuyers will want information and some do not wish to hold a thirty minute conversation to get their answers. It will also help you with the sale. Having the information on hand will keep it fresh in their minds.

2. Business Cards

Business cards are extremely important. If they do not make their decision during the open house, they may talk about the decision later and decide they would like to make an offer. They will need to have your contact information to place their bid.

3. Refreshments

RefreshmentsRefreshments may be seen as a more of an old tradition when performing an open house. However, it offers a sense of comfort. They will be grateful for the snacks and it will also add to the nice aromas that help sell a home.

4. Stage the Dock

If the home is a waterfront property and there is a dock, make sure you don’t forget to stage it. Have the boat in the water, patio furniture on the dock, and any other items that promote the lake lifestyle. People want to buy on the lake for the experience and memories, highlight these things!

5. Air Freshener

It is a great idea to bring air freshener to the home. Arrive early to spray the home. You are to arrive early so that you can spray the home and allow it to dissipate some. This is so the air freshener does not seem overwhelming when they arrive.

6. Positive Attitude

This may seem like a no brainer, but the person holding the open house should have a smile on their face and offer greetings as potential buyers arrive. It is important to be friendly and warm during the open house.

7. Details

Potential buyers may need to have some questions answered. They may not have received the information they needed before coming to the open house. The information can include information regarding the area, pricing, what the seller is willing to do, and other information.

Ensure that you follow the list. Be inventive with your open house. Selling a home is never easy, but it is definitely worth it in the end. Letting a house sit on the market will cost you money in the long run.