The necessary steps and legal requirements of selling a house in Florida
Irrespective of whether you’re downsizing or you’ve outgrown your small home, selling a condo or a house in Florida has got its own set of legal upshots. Though the steps involved in selling a house are all the same, no matter where you stay in the US, yet if you live in Florida, the home selling practices and real estate laws are unique.
Once you get familiar with the steps involved in selling a house, you can stay away from future problems. Read on to know about the steps of selling your house in Florida.
- Look for a Florida realtor
It is never easy to sell a home. It is a complicated transaction and needs the interference of expert realtors to get a favorable result. Hence, start looking for the best realtors by typing ‘realtors near me’ on the search engines. Don’t settle till you get the top-rated real estate agent that has the best success stories in your locality. The best listing agents know what exactly the buyers want.
- Know the right time to sell
Did you know that the timing of your sale can have an effect on the total time your home spends in the seller’s market and the price that you get? As per expert data, April and June are the two months when homes sell the most quickly. Research reveals that the homes listed during these months spend around 48-50 days in the market. On the contrary, homes listed in the month of February, stayed in the market for around 60 days.
- Decide the right price of your home
A CMA or the comparative market analysis is a lucrative tool that is used to figure out the best value of your home. The price of your home is determined by comparing the sales prices of other homes that are sold in your locality and factors in points like square footage, data points, the current condition of your home and if the home has any special noteworthy feature. However, you have to keep in mind that CMA is not home appraisal.
- Prepare your home for a sale
Productive marketing usually has a considerable impact on the saleability of your home. Effective promotion brings forth your listing in front of increased buyers by emphasizing on the best-selling features. You have to invest your time and energy in home staging, design an appealing description of the sale, and market your home.
- Get your home inspected
Home inspection is the next step in the process of home sale. A basic sales contract should mention the length of the inspection period. In the state of Florida, the typical time given is 14 days but it can also be as short as a few days too. Appraisals compare your real estate property with other homes that have been recently sold in your area.
Therefore, if you’re someone who is looking forward to selling your house in Florida, you should take into account the above listed tips on the steps involved.