Selling your house is an emotional journey. Dealing with these mixed feelings is usually defined by experts as the so-called “seller’s remorse”. For some, selling a home can be like a really bad breakup in a long-term relationship. It’s going to be hard to let go of the house you grew up in, spent family holidays together, or had friends over for game night. A home is more than just a living space, it’s a shelter, extension, as well as expression of yourself. We understand just how heavy this can get emotionally and while it’s not perfect, here are some tips to make the transition from homeowner to homeseller much easier.
Try to think about your house as a ‘product’
Selling you home can be very hard especially if it’s not something that you want but you need to do it either way because of financial reasons. More often than not, homeowners tend to set a price tag higher than the sale value causing it to stay longer in the market. Prolonging this is a bad idea. Aside from you having to suffer the wait longer, you end up subconsciously sabotaging the entire sales process.
One way that you can let go of your house easier is to take personal belongings away once you move out or when you stage it for viewing. Taking down family pictures, sports memorabilia, and out-of-country souvenirs can be your first step from “detaching” from your home. This makes the property a lot less personal and be more ‘up for sale’ where the next owner can impart their own personal touch to the place.
Don’t keep the market waiting
The market can be very heartless at times and won’t consider your feelings whatsoever if you plan to sell your house. This may be a hard pill to swallow, but you’ll miss the opportunity to close the deal if you keep on weighing your emotions. It also helps to know if it’s a buyer’s or a seller’s market.
Knowing the right market trend when selling allows you to set a ballpark figure when attaching a price tag to your house. The season or time of the year also has a big impact. Selling a property with good cooling during summer nets a much higher profit compared to disposing it during winter. Knowing the potential amount of how much you’ll gain can quell the hurt on your chest and lets you justify the property sale to yourself enabling you to let go much easier.
Put yourself in your buyer’s shoes
You may not be able to settle on a common ground when negotiating with your buyer. A common mistake for some homeowners is that they simply refuse to acknowledge that the house may need some renovations leading to a biased decision. Think of it this way, just because you were able to gloss over a leaking faucet for how many years it doesn’t mean the next owner will be too.
A workaround for this would be asking help from a neutral third party. Since they don’t own the property in the first place, they can easily point out any repairs that need to be done. Be open to these suggestions and make sure you follow through with the repairs. If you can’t, be open to some adjustments on the sale price.
Get used to not living in it
The longer you stay in the house while its on the market, the harder it will be to hand over the keys to your buyer. Try to pack your things in advance, especially if the buyer wants to close the deal already. Alot at least a week or two for you to move out before you put it up for sale.
It would be in your best interest to not rush things. Always take baby steps and do it one at a time.
Don’t underestimate closing the deal
The last part of the sales process is usually closing the deal. This is when all the necessary paperwork has been done, the keys are about to be handed over, and the buyer is about to be the new homeowner.
If you want to be as emotionally detached as possible, close the deal and do it right! Imagine not being clear with your partner when it comes to breaking up. You end up mulling over the good times, cranking up the volume on Chicago’s “You’re the Inspiration” that both of you used to love, and fill yourself up to the brim with take-outs while watching an Adam Sandler rom-com. Not cool.
Sever any ties to your house before closing it. That applies to any unpaid or overdue taxes on the mortgage as well since you don’t want them being passed over to the new owner. Be respectful to the next homeowner and take time to get everything in tip-top shape before ushering your final goodbye.
It’s ok to grieve
Of course it is. You’re letting go of a treasure chest of memories after all. It feels bad when something familiar is missing. However, you shouldn’t forget that you still need to plan your life beyond the sale. Make sure to take care of things like where you’ll spend the night right after handing over the keys to the new homeowner. If you prepared properly, you’re good to focus on the next steps.
Seller’s remorse is easily triggered if you’re a seller who still has an attachment to the home. Not only can it be a huge waste of time, it’s a massive waste of money as well. All parties involved are affected especially if you suddenly decide to back out midway. You don’t know if the buyer had to sell his own house too just so he can afford yours and have a roof to shelter their own family, so keep that in mind.
It doesn’t always need to be stressful though. Working with the right people can help you with your decision and help you move on to a new home. SellUsHomes is a guaranteed buyer that makes it as pain free and seamless for you. Contact us now at (734) 224-5947 or email us at firstname.lastname@example.org to learn more.