COVID-19 has changed the world. However, no matter how serious this pandemic continues to be and how many more changes occur, you can and you will get through this.
Life must go on and that includes many of life’s biggest milestones.
People around the country are still going to have to buy new homes and sell their current properties.
But it can be difficult to sell during these uncertain times.
Here are some great tips to help you sell your home in this difficult market:
Reach out to a professional real estate agent
There are over two million real estate agents in the United States.
These professionals are very knowledgable about every aspect of the entire real estate process.
Even if you have experience selling a home in the past, this process is very complicated and you’ll need to consult with a professional realtor throughout.
Contracts can be extremely complicated and very stressful.
Same with all the financial documents that will be involved with the home sale.
A realtor will walk you through every step of the way!
Work with professional insurance providers
Similalr to professional real estate agents, insurance providers are crucial during the home selling process.
Whenever you’re buying or selling a home, you’re going to need to have insurance for every important aspect of the property.
When you move into a new home, if you’re not fully insured, you run the risk of having to spend a fortune on maintenance and repairs down the line if anything ever happens.
About 20% of all insurance claims related to water damage of some kind.
Develop a realistic timeline
Some estimate that of the homes sold in 2019, 75% will sell for below asking price.
A common mistake that homebuyers and sellers alike make is not developing a timeline for the entire process.
You might end up being out of a home if the sale doesn’t go through fast enough.
Conversley, creating and thinking you’ll be able to stick to an unrealistic timeline can put you in danger as well.
Talk with your realtor whenever you’re creating a timeline and they should help keep you out of trouble!
Things are scary right now, sure.
But as long as you’re taking your big moves seriously, creating a plan, and talking with helpful professionals, you’ll be fine!