Tips For Selling Your Home
Tips for selling your home
The sale of your property requires respecting important steps before putting your house up for sale. In this section, you will find all the advice and information on the valuation of your house or apartment, on the life sale. Tips for selling your home well and how to sell a house showing signs of dry rot?
You will also know more about the mandatory documents to be provided in order to sell (energy diagnostics, etc.), the steps up to the deed of sale signed at the notary.
Ciel Realty also explains why home staging will help you sell your property. Finally, you will discover all the advantages of going through a real estate professional, such as a real estate negotiator, to sell your property at the right price.
Selling your property well: Tips for selling your home with 5 key steps
The success of a real estate sale depends on good organization and complete preparation of the process. It is therefore interesting to proceed in stages so as not to neglect any point and to define a real sales strategy.
1st step: make the decision to sell
Attached to your property, it may be difficult to engage in the process of putting it up for sale. This first step, sometimes long, is truly essential. It allows you to detach yourself from housing by focusing on your future projects. This will also allow you to set a price consistent with the market, regardless of your history and the sentimental value of the property concerned. This is also the time to surround yourself with a real estate agent. Thanks to his valuable advice and his complete knowledge of the market, you will be able to make the right choices.
2nd step: a possible renovation and price estimate
If your home has faults or dated decoration, it may be worth carrying out a quick renovation. Although expensive, it can then allow you to sell “better”, that is to say, at the price and quickly. It will also allow you to place your property at a higher price. In any case, whether or not you undertake a renovation, this second step is decisive. To estimate the price of your property, rely on the expertise of your real estate agent and study the market in your geographic area.
3rd step: writing the ad and putting it on sale
Before even publishing your ad, we advise you to prepare the essential and mandatory documents. These are invoices, tax statements, co-ownership regulations for the accommodation concerned, technical diagnoses, etc. Also remember to have beautiful photographs taken. They will then contribute to the attractiveness of your ad.
Then comes the time to write the text of your ad. In addition to specifying the area, location and number of rooms in your accommodation, it must indicate a certain amount of information if the accommodation is part of a condominium:
- The number of batches,
- The status of any proceedings in progress in the co-ownership,
- The amount of charges.
Good to know: your agent accompanies you every step of the way
The work of the real estate professional is essential at this stage. He can take care of taking photos of your property and advise you on the content of your ad.
4th step: visits and negotiation
Once online, your ad will no doubt appeal to potential buyers interested in visiting your property. For the latter to be productive, we advise you to prepare essential documents for the buyer:
- Technical diagnostics,
- The amount of charges or energy bills,
- The amounts of property and housing taxes, etc.
Also remember to depersonalize your decoration to facilitate projections. You could then create the crush and quickly receive an offer. If it is at the price, you can rejoice. In most cases, the buyer nevertheless wishes to negotiate. Nothing prevents you from revising this amount upwards by formulating another proposal yourself and thus entering a negotiation phase.
5th step: the signature of the real estate sale
When buyer and seller agree on a price, the signing of the compromise and then the final sale follow. They are carried out before a notary within 3 to 4 months following the drafting of the offer.
How to sell a house showing signs of dry rot?
Sometimes present in wood, dry rot is a particularly destructive fungus. When it invades the framework of a house, the damage can be substantial, impacting the entire structure of the building. If you want to sell an infested home, you must inform the buyer as soon as possible, at the risk of making his presence appear as a hidden defect.
What is dry rot?
Called lignivore, dry rot feeds on the fibers of the wood. This fungus particularly appreciates settling in frames, attracted by humidity and dark areas. Absent from interior trim like window surrounds or doors, so it can be difficult to detect.
Damaged wall with fungal growth. Sachverständigenbüro für Zimmerei und Holzbau Lutz Weidner / Thüringen, CC BY-SA 3.0, via Wikimedia Commons
Where to detect the presence of dry rot?
Proliferating under specific conditions, dry rot hides in specific areas of a home. She likes humidity, a mild room temperature and dark spaces. It is therefore found in:
- The old partitions with wooden elements.
- The frameworks.
- Wood stored in a wet area.
The risks associated with the presence of dry rot
By settling in a dwelling, dry rot attacks the wood. The damage can be numerous over time, most often concerning the structure of the building itself. The insulation is affected first, before the damage also extends to the frame, jeopardizing its stability.
Is it possible to sell a house with dry rot?
During a real estate sale, diagnostics are mandatory. The one allowing to certify the presence of dry rot is not, but still concerns certain goods.
In which cases should this dry rot diagnosis be carried out?
If the presence of the fungus is suspected, it is always interesting to have this diagnosis made. Taken in time, dry rot can be treated and therefore eradicated. By applying powerful fungicide treatments, the infestation can be brought to a halt, saving the property from future severe damage. If the diagnosis concludes that the presence is too massive, it is unfortunately not possible to treat the accommodation. The latter is then declared uninhabitable.
Good to know: this diagnosis must always be made by a licensed professional. Otherwise, it will not be officially recognized as valid.
Dry rot obligations in certain areas
If this diagnosis is not compulsory in France, certain procedures are sometimes imposed on you with regard to this fungus. In specific geographical areas, dry rot has infected a number of buildings. A prefectural decree may then have been taken, obliging you to carry it out. If this study shows the presence of dry rot in your property, you have the obligation to inform the town hall. It will also be necessary to indicate the extent of the infestation.
How to sell a house with dry rot?
Nothing prevents you from selling goods infected with dry rot. However, you must be careful not to place yourself in illegality.
Make a diagnosis at the slightest sign
If there are any clues that lead you to believe that the property is infected, you must have the diagnosis carried out. This will allow you to gauge the size of the infestation. So pay attention to the classic signs left by this fungus:
- White or orange marks appear on the walls.
- A mushroom smell.
- Infiltrations in the walls, etc.
Assess the damage
If its presence is confirmed, rely on the skills of the expert to assess the size of the infestation and the damage already present. It is important to quantify them, as well as the work that can then be undertaken to save the property. You will have to carry them out before selling or provide detailed quotes to future buyers.
Get in compliance
When the seller learns of the infestation of his property, he must imperatively inform the town hall as well as the buyer. He must then provide the diagnosis and the quotes so as not to hide anything from the parties concerned. By showing complete transparency, he protects himself from possible recourse after the sale. If he conceals the presence of the fungus from the purchaser, he/she is guilty of latent defect. The transaction may then be canceled or require him to carry out major work.
Discover our best opportunities internationally. Which property to invest or to rent?
Investing abroad, a long-term strategy in an increasingly international market. You can use our online property portal around the world. We come back to this sentence: “But you have to visit the property to buy! It all depends on whether it is a rental investment, a main, secondary, student residence, etc. Buyers do not need the same information depending on their type of purchase.