We will be ready to put our house up for sale once we do some minor touchups & cleaning/decluttering. Only having the weekends to do this, we think we might be done by mid or late March. We are planning on using the realtor I used to buy our current house-she is sort of a family friend & my brother just used her to buy their house so he mentioned we are wanting to put ours up for sale this Spring.
But I'm wondering if we should have the house all ready before I contact her or if I should maybe just send her an email to let her know where we are at even though I don't know how long until we are ready. I guess I don't know how long it will take to actually get the house on the market.
And on the buying end, I went through a 1st time home buyer program through our city so I didn't have to do all the traditional things, like getting pre approved for a loan, on my own. Should we wait until our house is on the market to do this as well?
Any other advice is appreciated as well! I'm just trying to remember as much as I can from buying our current house that actually would apply this time around as well. Thanks!
Re: Advice for 1st time seller & sort of 1st time buyer
I don't think it would hurt to contact her now. She'll be able to pull comps and you guys can get an idea what your house might sell for, how long the average time is, ect ect. She'll be able to tell you what buyers are looking for and suggest any changes you might want to make.
I am more conservative than some, but I personally wouldn't do any preapprovals or obtain a loan until I had an offer on the property I was selling. I personally would not make an offer on another home until we were fairly certain we'd be closing on our first home. Others have done it, but I wouldn't want that stress or deadline looming over me. Selling is stressful enough.
I would go ahead and contact your agent now. As the pp mentioned, she can pull comps for you and give you an idea of what you can get for your house. Also, she can go through your house with you and let you know what she recommends you do before going on the market.
I think it is a good idea to go ahead and contact a mortgage broker to discuss your next purchase. No rush, but it won't hurt to start talking to someone.