9 Things To Consider Before Selling Your House

9 Things To Consider Before Selling Your House

Selling your house, especially if it’s your first home, is a big decision and not one to be taken lightly. Before you go buying your next house, make sure you’re ready to sell your current one first. I don’t mean applying a new coat of paint and trimming the hedges, although that certainly helps the sale price. I mean other things you might not have thought of. Here are 9 key things you need to consider when selling your house.

1. Your Finances

First, consider your financial situation. Where will you live after you sell your house? If you’re moving out to an apartment first, there will be a period of a few months where you’ll be paying a mortgage and rent. Can you afford that? You’ll need to have some extra funds put aside to help cover you for those months.

2. The Price

Hand in hand with your finances, comes the price you want for your house. What you bought the house for and what you want to get out of it are irrelevant. What matters is the current real estate market in your community. An appraiser will accurately tell you the true value of your home. Don’t ignore their recommendation and market the house at too high a price or you’ll put off buyers. Remember, those buyers have realtors who can tell them if a house is priced too high.

3. Paperwork

Don’t let your house sale be held up due to missing or incomplete paperwork, ensure it’s all in place from the word go. Are there any issues with the house that would prevent you from selling it? For example, what if you owe more than the house is worth? This will slow the process down as the bank will need to approve the sale price. What if you discover that your mortgage has a prepayment penalty? Talk to your lender and ensure there’s going to be no issues and that you have everything you need in place to help your sale go smoothly.

4. Your Realtor

You will have plenty of choices when it comes to choosing a realtor. There is certainly no shortage of realtors in your area looking to sell your house. After all, they earn a living off the commission. You can either choose a big name company like remax or 21st or instead hire a local realtor. There are pros and cons to each approach. A big company would have the resources to get your house out there in front of a lot more people. Yet the local realtor truly knows the community like no other.

5. Your Likely Buyer

When getting your house prepared for the big sale, consider your target market. Do you live in an area with a lot of young families or conversely is it mostly peopled by down-sizers? Think about the likely buyer of your home and stage the house accordingly.

6. Declutter

The first step to making your home appealing is to declutter and depersonalize the space. Look at your home with fresh eyes and take down decorative items specific to you (like family photos) and declutter each room to maximize the space. Simply leave enough furniture in each room to show its purpose.

7. Finish Odd Jobs

Finish all of those odd jobs you’ve been meaning to get around to, from fixing dripping taps to cleaning moldy grouting. The houses which sell quickest are those which don’t need work done to them. Leave small jobs undone, and potential buyers will worry what else you haven’t done.

8. Refresh

A fresh coat of paint can do wonders to brighten up and refresh a dated home. Choose white or cream to maximize the sense of space, and to appeal to as broad a range of people as possible.

9. Clean

Nothing is a bigger turn-off to potential buyers than a grubby property – so pop on your rubber gloves and start cleaning. The less a potential buyer has to do, the more they can imagine themselves living in your property.

About The Author

Edwin is a marketer, social media influencer and head writer here at I Am 1 Percent. He manages a large network of high quality finance blogs and social media accounts. You can connect with him via email here.


  1. bobjames

    Well definetly, when you are selling your home. It is the big decision of you. Its not easy to sale the home or buying a new home. It may be risky sometimes of selling the house.

  2. Jonathon Kelso

    Selling home can be difficult and if proper care is not taken then it can create inconvenience. Whether it’s small or big, whether you are selling for the first time or tenth time still there are certain things in mind before selling his/her home. You have mentioned some great points which are really useful. Thanks for sharing.

  3. Troy @ Bull Market

    There’s a lot of small things that you can do to make the house look a lot nicer when you sell it. Maybe put down some new grass, paint the house, etc. Those things don’t cost much, but will make the house much more appealing to potential buyers.

  4. sneha

    Many people form an emotional attachment to their home. But don’t let those feelings cloud your vision, especially when you receive offers.

  5. Iris Black

    Finishing odd jobs is very important to bring up the resale value of the house. It is important to ensure that the house is ridden of any pest infestation. Even if one is able to salvage very little, there are always house flippers available, who might pay a decent price for the house.

  6. Duncan Lance

    I think it is pretty great that your article reminds readers to take the paperwork into consideration before selling your home. Not only do you need to remember each and every document that you’ll have to fill out, you’ll have to remember that there are many of them as well. Because of that you might want to hire an experienced real estate agent that can help you to keep track of all of that paperwork.

  7. Mark Joness

    Well truly, selling a house in an area like Rochester is quite difficult, But after staging and hiring a good real estate agent you can make the process pretty easier… After reading your article I applied all the tips, hired an agent, and then got a good deal. Thank u for sharing this article.

  8. Richard Davis

    I agree it is important to know the local real estate market to help you know the value of your house. Also, it is good to consider advice from the appraiser to help you price your house right. Great blog by the way and thanks for sharing this useful information. Keep sharing!


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