Before Listing Your DC Home For Sale

Thinking about listing your DC home for sale, but unsure of the steps to take and in which order? To avoid unnecessary spending and effort, follow this guideline.

before listing your DC home

Will I recoup my Expenses On Resale?

It’s a valid concern. The potential costs of updating a DC home are often higher than anticipated–but so are average returns on those investments.

Compare the estimated cost of repairs and updates to projected return on investment (ROI). You’ll typically net a good deal more for an updated home than one that buyers perceive as dated and worn.

Let’s talk it through before you make any expenditures.

Where Should I Start?

Your first impulse might be to dive into your long-ignored ‘to do’ list before contacting a real estate agent. That would be a mistake 100% of the time. Why? Because you may blow your budget on things that won’t net the best returns, forego addressing issues that make your home more valuable, and make choices that you like, but potential buyers won’t.

Preparing a home for sale is literally the process of packaging a personal living space into a marketable product. It’s what we do. Let us.

What can you do now? Here’s a list:

Work With Us

We promote transparency, fairness and outstanding value for your DC real estate representation.

Chat on Whatsapp

WHATSAPP

Bullet Points

  • Get a free home evaluation first
  • Consult your real estate agent first

Adriana

Susan and Alex are amazing! After a bad experience with another agent left us in a very tough position, they turned everything around. They did a thorough evaluation of the property, offered expert advice and helped to prepare the condo for sale. They worked very hard, used local connections and communicated with us well. Despite the tough August market, we sold in less than 2 weeks.

Repairs, Organization, Decluttering And Cleaning

Preparing a home for sale is literally a process of packaging a living space into a product. It’s what we do. Let us. What can you do now? Here’s a list:Most homes will need at least some of these steps, many will require all of them. Along with location and attributes, a key factor in maximizing the profit on your home will be its condition.

Get estimates for repairs in order to factor the cost into your listing price. Big-ticket items which are worn, dated or non-functional (carpeting or hardwood flooring, HVAC units, roofing, windows, appliances) are best addressed prior to listing, and having bids and a short list of vendors will speed things along when the time comes to get the work done. Estimates will also serve as guide for your budget.
 

  • Organize your garage, storage spaces, attic and other areas of the home where sorting and decluttering will take place.
  • Declutter the entire home. When its time to sell, you’ll be asked to remove your ‘personality’ from the property to make way for the staged version created for your target buyer.
  • Clean the house from top to bottom. Nooks, crannies, baseboards to ceilings, light fixtures, hardware–all of it.

Assemble Paperwork

Compile a folder of receipts, warranties and documentation for title insurance, significant past repairs or additions, warranties, monthly and annual maintenance contracts, etc.

If your home was purchased within the past ten years, your buyer may qualify for a reissue rate on title insurance. Your title policy will be required to facilitate this discount, and you can expect the buyer to include this request as a term of the purchase contract.

  • Do you have a home warranty that is transferrable? If so, make that information easily accessible to the buyer when they go under contract.
  • Are any of the home’s major components still under warranty? HVAC, roof, plumbing, major repairs—all receipts and warranties will help.
  • Have you retained receipts from contractors or other service providers? Include those, along with user manuals for appliances and electronics that will stay with the home should also be included.
  • Floor plans, blueprints and other architectural or historic designation documents are a boon to buyers and should be made available.

Make sure you create an electronic copy of key items like floor plans for your real estate agent. You’ll be asked for them at several points during the transaction and need some in order to complete your DC Seller Property Disclosure when listing.

Other items to assemble are keys, codes, door/gate openers and fobs. Your agent will need two sets of keys for your listing; one for the lockbox and an emergency set for the agent. Other access devices and codes should be provided to your agent as needed, and ready to transfer to the buyer at closing.

Condos, Co-Ops and Townhomes

If you’re selling a condo, townhouse or co-op, some steos differ slightly from those recommended for single family homes.

Even though you’re not permitted to make changes to the exterior of the premises, there are things you can do inside and to personal outdoor space to help your home sell quickly and at a good price.

  • Submit a request 30-90 days in advance of listing to your association/management company to have scuffed hallways touched up, hallway & entrance flooring cleaned, common area wall nicks and scrapes repaired, dim or expired light bulbs replaced, ask to have your front door painted/repaired/replaced if it is peeling, chipped or warped and make sure locks work smoothly
  • Create an inviting space on your patio or balcony if you have one, by decluttering, cleaning stains and algae, light fixtures and rails
  • Townhome owners can correct or replace warped or weather-damaged deck boards, repair fences and gates if HOA documents list these as owner maintained.

Condo and townhome owners should request the following information from the association:

  • Copy of rules and regulations
  • Advice on whether or not ‘for sale’ signs are allowed on the grounds (if so, where)
  • Ask for the current investor ratio, FHA and VA status, rental rules and restriction details, pet restrictions and smoking restrictions.

Ready to make a new investment in yourself?

Contact Us | WhatsApp