June 24, 2024

Do you need to sell your home because you are changing jobs, the house is too big, or you plan to retire overseas? Sooner or later the question arises of what to do with the single-family house or own home if you are childless or if the children do not want to or cannot take over the property. There are two possible alternatives: sell or rent. In this article, we explain how to sell your property – and why it probably makes more sense to hire a real estate agent to sell your home https://www.missourivalleyhomes.com/

Phase 1: The selling price

You can set a sale price or sell your property in a bidding process. With this bidding procedure, whereby bids are collected, you hopefully sell at a higher price than expected, but at the risk of not selling at all. Most bidding procedures take place in two phases. In the first stage all bidders make their bid, in the second, everyone knows the highest bid of the first round and submits their final offer. The seller chooses a bid and doesn’t have to accept the highest bid as in an auction.

Phase 2: The sales documents

Usually the house sells faster and at a better price with professional documentation. For this it is worth investing some time in the sales literature and possibly spending some money on photos. On the one hand, the documentation provides the first impression and contains all relevant information, on the other hand, it forms a solid basis with which the buyer can submit his credit application. This data and attachments must be reported in the basic sales documentation:

Map of the region and the municipality with the main offers in the surrounding area

Map of the city and district with important offers in the surrounding area

Overview of the main transport links (public and private)

Detailed description of the real estate

Detailed description of the condition

images of the house from the outside, any aerial photographs

Interior images of the dwelling or house

Plans and site plan in 1:100 scale, cuts and views of the facade

Extract from the cadastre and related cadastral register

Insurance policy for the building

Contribution to the renovation fund if an apartment is sold

Realtor appraisal or Houzy real estate appraisal

Possible changeover date

Seller’s name, address, telephone number and email address.