Moving to a new home can be one of the most stressful undertakings in your lifetime. Going into the move without a plan of attack can feel daunting and overwhelming, but following a set of guidelines will help alleviate common problems or stresses during the transition. Whether you’re thinking about downsizing, holding an auction, or selling a family member’s home as part of an estate sale, these tips will make the process smoother and worry-free.
- Establish a timeline – If there’s no immediate deadline to sell, establishing a timeline can be one of the most helpful tips for an easy real estate transition. Think about when you’d like to be complete with the sale—three weeks from now, or a few months? This target date will help form the real estate action plan you need for moving in a timely manner. For an even clearer picture, try drawing or writing out your timeline. Doing so will provide a visual aid and help you stick to your plan.
- Create a manual file – When you sell your home or estate, one common question buyers will ask is whether or not you have the manuals for any appliances or mechanical fixtures that are included in the sale. Creating a file folder for all your user guides and manuals will prevent you from having to answer that question over and over. Whether you create a physical folder to hand over at closing or make digital copies of all the manuals, doing so can prevent future headaches and questions from the buyer.
- Gather keys and openers – Just like with the manuals, the buyer of your home will need any keys or openers that go with your property. Be sure to collect any family members’ keys prior to the move, along with any spares inside the home. The same goes for any garage door or pole barn door openers. You can leave these items in the kitchen or some other location the buyer is likely to see; just don’t forget to tell the buyer or their agent where the items are located.
- Create an update file – Do you know when your roof was installed or when your HVAC was last serviced? Knowing important dates such as these are great ways to make your move easier because the buyer will almost always ask for this information. Create a spreadsheet or notepad list of key systems and appliances along with the date they were installed, replaced, or serviced. For recent changes, try to include the month and year; for those changes that were several years ago, providing just year will suffice.
- Provide service provider information – When moving into a new home, buyers will want contact information for service providers that are associated with your property. Some of these contacts include lawn maintenance, pest control, cable and internet, and local sewage and water providers to name just a few. If you have any contracts that are tied to the property, make sure to also include these in your file.
- Make a plan for personal property – If you want to make your real estate transition easier, one of the important steps is to figure out a plan for personal property. Consulting with a Wilson representative is the easiest way to plan for disbursement of personal possessions; we can provide you with all the information and guidance necessary for maximizing the value of your items, whether you decide to sell traditionally or via auction. Clearing out the home is vital when it comes to having a great real estate transition experience.
- Decide when you’re ready to sell – When it comes to the sale of real estate, timing can be critical. You don’t want to be too hasty in your decision making, but waiting too long can cause you to lose out on maximum value or buyer availability. Using your timeline from above, decide when is the best time to start the process, as well as when you’d like to hand over the real estate. Real estate sells year round, so the “best” time is really whatever time best fits your circumstance.
- Consult a professional – Perhaps the greatest advice for a smooth transition with your real estate is to consult with an expert. At Wilson, we take pride in walking families through the process of selling their real estate. We use a step-by-step method to attain the highest return value for you during the sale of your real estate. Using formal valuation techniques and a detailed market analysis, our team can help you determine the real value of your property or estate, as well as what method (traditional listing vs. auction) best fits the needs of you and your family.
These tips for transitioning your real estate will help smooth out your transaction and make the overall process more efficient. Do you have questions about what else you can do to make your move easier? Contact us today at 812-682-4000 and we’ll answer any questions you have.