How to Sell Your Own House in Spain
Selling your own home in Spain without an agent can save you tens of thousands of euros in real estate commissions. But there’s a reason most people elect to use a real estate broker when selling their home — selling can take a lot of work and plenty of know-how. Whether you’re selling a home for the first time in Spain or simply want to know how to do it even better, these tips will help you to sell your own property in Spain.
1. Clean out your home
As soon as you decide to sell your house, thoroughly clean it from top to bottom. Don’t forget rarely-cleaned areas such as baseboards, blinds, roof gutters and window wells. A clean home will help an appraiser see your house in a better light and value it more highly, as well as appealing to buyers. Clear up clutter while you clean. Make your home look more spacious by getting rid of any unnecessary junk. You’ll see a big difference in how your closets look, as well as your garage, porch and bathroom. Buyers want to feel like they’re purchasing sufficient space, and clearing out more of your stuff helps them see themselves in your home.
2. Have your property evaluated
As much as you’d like to set the price of your home as high as possible, you have to be realistic. Many for-sale-by-owner listings fail to sell because owners persist in thinking their home is worth more than the market will offer, or because they have already settled on a set amount of money that they want and refuse to budge. Having a professional, third-party assessment of your home’s worth will help you get comfortable with a price range, in addition to providing you with a solid reference point if a buyer or realtor accuses you of setting the price too high.
Look at comparables at www.AllPropertiesspain.com. Comparables are what other similar homes in your area are selling for, and they often determine, for better or worse, what price range your home will fall in. Always use comparables when arriving at a realistic assessment of your home’s value. Hire an appraiser. A certified residential appraiser will come to your house, measure the property, take notes and photos, research information about any land parcels, and assemble a list of comparable sales in your neighborhood to determine the value of your home. A visit from an appraiser will cost you far less than the services of a real estate agent, and the value the appraiser sets will be more accurate. You can also check the latest Spain Real Estate News to see latest trends and prices.
3. Have your home inspected
Not many standard real estate contracts in Spain are going to give the home buyer the right to inspect the property, so be prepared. Have your home inspected before you advertise. Under a general inspection you might be obligated to make repairs to appliances, plumbing, septic, electrical and heating systems, etc.
4. As much as possible, get your home in move-in condition before you put it on the market
Buyers of homes are inherently lazy. If they feel like they’ll need to do extra landscaping, plumbing, appliance and electrical work before they can enjoy the house, they’ll balk when it comes to buy, even if the rest of your house is an absolute steal.
5. Maon all the big Real Estate poke sure your property listing is rtals in Spain
If you are using av Real Estate agent or selling privately make sure to double-check that your listing is on AllPropertiesSpain.com, Fotocasa and Idealista.