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Selling A Home Remotely? What You Need to Know


Under Real Estate

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July 22nd, 2021

Selling a home is a very stressful process. However, selling a home remotely is even trickier and multiplies that stress at least by two. You need to get more creative and arm yourself with patience.

But don’t worry, it’s definitely not impossible given that we live in the internet age. Besides, having in mind the current pandemic situation, selling a home remotely limits human contact and lowers the risks, so it might be a better option.

Here are some tips that will hopefully make the process of selling your property from a distance as easy as possible.

Research The Local Market

The first thing you need to do, regardless if you are selling a home remotely or in person, is to research the market. Make sure to look into prices of similar homes in your area – this will help you get a range of prices. You will be able to set your negotiation points.

The best way to get information about the local market is by talking to an experienced realtor. They can help you find out which homes are similar to yours. That way, you can compare the prices and find out how long they’ve been on the market. Most importantly, you’ll be able to find out if the market is favoring buyers or sellers. This will tell you if it is a good idea to wait or list your home straight away.

If you do decide to analyze the market on your own, make sure to check historical data and understand the market movement in your area. You will also want to check :
● Market reviews
● Information about population
● Job opportunities
● Quality of life rankings
● Workforce education levels
● Neighborhood amenities

Assess The Home Value

Assessing your home value is an essential step you need to take before selling. Home value can be very subjective as some people will be ready to pay a completely different price than others. Therefore, it’s essential to find the golden middle and set the lowest price you would consider accepting. Of course, you’ll keep this to yourself and your realtor.

A realtor can help you assess the value of your home, but you can also do this alone. You can use different online validation tools but have in mind that they can only provide you with an estimate. Also, they don’t take into account expenses for repairs or renovations. Alternatively, you can hire a professional appraiser whose job is to impartially assess your home’s value and give you an estimate.

Hire A Great Real Estate Agent

Given that you will not be able to present your home in person to any potential buyers, hiring a good realtor to represent you is crucial when selling a home remotely. A professional can help you with local market research and assessment of your home value, but there are many more reasons why you should work with a realtor.

If you have already hired long-distance moving experts to make sure your relocation across the whole country goes smoothly, you know the importance of working with licensed and reputable professionals. A trustworthy and experienced agent will keep you informed about any prospective buyers and give you updates on market movements.

Also, it’s important to find a realtor that can communicate with you via phone or email and help you sort out any paperwork online. That way, you won’t need to travel back and forth when it comes to closing the sale.

Present Your Home in The Best Way Possible

Before you move and list your home, make sure that it is in top-notch condition regardless if your realtor will be showing your home or you’re going to do it online. You want to make the best impression on potential buyers.

Cleaning and Maintenance

When you decide to sell your property, have in mind that every single detail matters. Even the wall colors are important when selling your home. Therefore, make sure to do a thorough check and see what needs to be replaced or repaired before you list your home.

You might want to hire professionals to do this, especially if you already moved to a different place. A good handyman will easily find and fix all the issues. However, do make sure to set aside some funds as you might experience unexpected maintenance costs.

It goes without saying, but your home should be clean and neat, even if you are just taking photos of it and not showing it in person. Make sure to declutter. Also, painting the walls in bright, neutral colors as they give width to space is a good tip.

Another good idea is to get your property surveyed. You will get an additional document that contributes to your home and gives potential buyers more information about the property you are selling. On the other hand, you will gain insight into potential hazards that you might want to resolve before listing your home. All of this will positively influence your property’s price.

Listing Your Home

Once you repaired what was needed and cleaned your home to perfection, it is time to list it. You might want to hire a photographer to help you capture the best parts of your home. Adding a video is a big plus, too. Naturally, you don’t want to exaggerate and make your home look completely different than it is. You just need to add some final touches and enhance its qualities.

If you are working without a realtor, a good option is to give your buyers a virtual tour. This was usually used when buyers were looking for a home from a distant place. But you can set this up in your case, too. If you are selling a home remotely and can’t show it in person, create a video where you will show all parts of it. After your buyers watch it, be prepared for all questions they might have.

Selling a home remotely becomes much less intimidating when you do the necessary research and you’re properly prepared. We sincerely hope we’ve helped with making this process a little less stressful and overwhelming for you. Good luck with the sale!

Tips for Selling a Home Remotely by Sally Norton | Miami Moving Guide

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