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Should I sell my home? A Home Seller Checklist

This is a question many home sellers in the Orlando area are asking themselves right now. In this market selling your home is becoming more and more difficult, not only because of the still quite high inventory and fact that more than 50% of all homes listed in Orlando today are short sales, but also because of the competition of bank owned properties. We have put together a basic home seller checklist with some of the most simple but important questions you should ask yourself before considering the sale of your home. We hope this list gives you some insight and helps to determine your motivation as well as options.

If you need a free home value analysis or simply real estate advice please don’t hesitate to contact us anytime to schedule a free confidential no-obligation consultation. We are the local experts and can provide you with valuable market data that will help you make this important decision.

Orlando Home Sellers Check List

Determine your need to sell.

  • What are you goals for the next 5-10 years?
  • What are the pros and cons of selling your home?
  • Can you afford to sell and buy a new home?
  • What does the local housing market look like?
  • Think about remodeling your home to fit your needs?
  • Have you thought about renting out your home?

Calculate the Selling expenses

  • Are there repairs or projects you will have to complete in order to get your home ready to sell?
  • Consider the cost of closing costs and Realtor commissions. Typically these run on average around 7 to 10 percent of the sales price of the home.
  • Will you have to pay a capital gains tax?
  • Does your current mortgage have any payoff penalties?
  • How much will it cost to hire movers? Set up new utilities?

What is your selling strategy?

  • How fast do you need to sell?
  • How much profit (if any) do you expect or need from the sale?
  • Interview a minimum of 3 reputable local real estate agents.
  • Determine what you consider to be your home’s greatest strengths.

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