Reason for selling

More often than not, selling your home starts from an emotional drive, having an impact on many factors of your sale. There are many things that will affect the final price and the result of your investment: this isn't only bout the reason for selling, but also the time-frame in which you want to accomplish the sale, as well as more practical details, such as the state of the property, the area, the size and the overall accessibility. In addition to that, the entire market dynamics on a local and global scale might affect the entire process for better or for worse.

The cost of selling

When selling your home, you might encounter some expenses. It is very important to be able to estimate such costs in order to determine a valid selling price for the property if you are going to make any profit from the sale! Make sure you consider commissions to be paid tot he agent, taxes, promotional expenses and other procedures that require additional cost.

Price

Considering the premises above, it is absolutely vital to determined which selling price is the right asking price for your property. An "off" and overpriced number that is not in line with the market might be a deal-breaker and turn off many potential buyers. On the other hand, under-valuing your property might mean that you are actually not going to profit on your investment as you rightfully should. You also need to consider that buyers will most likely offer an amount that is even lower than what you are actually asking.

Location

As mentioned within Step 1, the location of your property will affect its value. It is vital that you market your home according to what happens in the area, in terms of real estate market.

Conditions of your property

The current state of your property will definitely affect the sale. When you are about to sell your home, conventional wisdom says that the better you take care of it, the higher price people is going to be willing to pay. There are many relatively inexpensive ways to protect your investment overtime and to improve the perceived quality of your house: If you have a garden, cut the grass  and keep it tidy,  clean the windows, paint your doors, take care of any wooden fence and so on.

Staging

Arranging the space within the rooms of your home is absolutely vital because it will allow you to create a perception of improved space and depth. Something as simple as clever placement of your furniture, lights, fans and facilities will make for a more appealing listing and add perceived spaciousness to your property.

Accessibility

Accessibility is a very important factor that will influence the final value of your property. The tricky part is that you cannot do much about it because accessibility won't depend directly on your work on the property, but rather on the area where it is located.

Is your home close to any public transportation systems? Main roads, shopping malls, schools, local attractions? Everything matters!