Selling a House During a Divorce

<img src=”couple with back towards each other-1.jpg” alt=”couple with back towards each other”/>

Considering everything you’re thinking, feeling, and dealing with when getting a divorce, one of the last things you want to think about is selling your house.  Selling a house is a stressful thing to do, even when you’re not getting divorced. But when you are, it can be even more stressful. First off, you’re not alone. While there are many reasons people sell a house, divorce is certainly a common one. And because of that, we agents see the most common issues time and time again.

More often than not, one person is more motivated to get the house sold than the other in a divorce.  One wants to just get it sold as quickly as possible and move on, while oftentimes the other is in no rush to get the house sold. Neither of you is “right” or “wrong” to feel the way you feel. There’s surely a lot of history that led to how you feel and why you want what you want, when you want it. You have the right to feel how you feel.

But there is a “right” perspective to have when it comes to selling the house.  Both of you need to work together to get this done. It doesn’t work if one is getting in the way. As you’ll see, it’s crucial to sell as quickly as possible, but at the same time, not “at all costs.”

Regardless of why you’re divorcing, your marriage probably had some good times and memories. Your house wasn’t just a house, it was a home. A home to the good memories.  It’s natural to want to hold on to the memories.

And whether or not people do it knowingly, it’s pretty common to do things and make choices that get in the way of selling their house because of the memories and emotion tied to the house. It’s as simple as that.

While it’s pretty common for most homeowners to list their home for too high of a price, it can go either way when people are divorcing. Certainly many divorcing couples want to price their home for more than it’s worth. But there are others who actually want to price it too low.

What makes matters more difficult in a divorce is that you have two people with different motivations, who already don’t necessarily agree on things, who now have to agree on a list price for their home.

Out of all the problems and issues you may have to deal with, the value of your home is one of the only ones that is pretty much out of your control—for both of you. The market value is determined by the buyers in the market. By definition, it is “what a ready, willing, and able buyer is willing to pay for it.”

A home that’s properly priced within the market should sell as quickly as possible. “Quickly” is a relative term. In some price ranges and neighborhoods, that may be a few weeks. In others it may be months or even years. How quickly your well-priced home should sell in your price range and market is something a skilled real estate agent should be able to give you a pretty good handle on.

Your goal, no matter how you feel or what your motivations are, should be to sell your home as quickly as possible. And, of course, for as much as possible.

This post is an excerpt of my 13 page guide, Selling a House During a Divorce.  If you would like a free copy of the guide sent to your email, please send a request by using the Contact Me button on my home page.

John Hamilton, Associate Broker of Windermere Real Estate, has nearly five decades of experience working with Buyers, Sellers, and other real estate professionals, and has sold more than 1,400 Utah properties.  He has the experience to provide you an edge in negotiating your real estate transaction.

Posted on April 12, 2018 at 6:49 am
John Hamilton | Category: Selling A Home | Tagged ,

How To Stage Your Home To Sell

Posted on February 2, 2018 at 7:22 am
John Hamilton | Category: Selling A Home | Tagged ,

8 Mistakes First Time Home Sellers Make

Posted on February 2, 2018 at 7:02 am
John Hamilton | Category: Selling A Home | Tagged , ,

Selling Your Home In The Winter

Posted on February 2, 2018 at 2:12 am
John Hamilton | Category: Selling A Home

4 Staging Secrets To Get Your House SOLD

When you’re selling your home, one of the keys to successfully finding a buyer – and getting the best price for your home – is effectively staging. Staging refers to setting up your home in a way that maximizes its saleability to potential buyers and can involve everything from minor repairs to a complete overhaul on your home decor.

Staging is an incredibly important part of the selling process, and effective staging is a key to fetching top dollar for your home. If possible, you should consider hiring a professional stager. But, in case you want to DIY and stage your home on your own, here are 4 staging secrets to make sure you get the most out of the staging process:

1. A little paint goes a long way.

One of the quickest, easiest, and most cost effective ways to update your space and make it more appealing to potential buyers is with a coat of paint. Painting a room can completely change the feel and make the space feel more open and inviting.

If you haven’t painted your home in a while, you’ll definitely want to repaint before you start showing your home to potential buyers. You’ll also want to repaint if you have a number of colors on the walls of your home; the purpose of staging is to showcase your home in a way that allows potential buyers to picture themselves purchasing the home and living there. If they don’t agree with your color choices, it can create a roadblock to them being able to see themselves in the home.

When you paint, choose neutral colors, like an off-white or beige. These colors are universally appealing and will also make your rooms appear more open and spacious.

2. You only get to make a first impression once.

One of the biggest secrets of effectively staging your home is that you only get to make a first impression once. Your potential buyer is only going to see your home for the first time once, and during that initial viewing, they’re going to make snap judgments on whether or not your home is right for them. You don’t want to get off on the wrong foot and lose them before they’ve even had a chance to see the entire house.

When it comes to making a first impression, curb appeal is critical. If your potential buyer drives up to your home and is immediately turned off by an unkempt lawn, a cracked driveway, or peeling paint, it’s going to be hard for them to overcome that initial impression, even if they love the rest of the home.

Before you start showing your home, make sure you do some work on the exterior so that the first impression is a good one. Have your lawn manicured, fix any issues with the driveway, refresh the exterior paint, and add plants and flowers on the path leading up to your front door in order to make your property seem more inviting.

3. The less stuff, the better.

The last thing that potential buyers want to see when they’re viewing a home is a ton of clutter and personal items. Again, the point of staging is to create an environment in your home where potential buyers can picture themselves living there. But if you have your children’s sporting gear spilling out of the closets, your family portraits lining every available surface, and an entire room you’re using for storage, it’s going to be hard for your potential buyers to separate your stuff from the space.

When you’re showing your home, remove as many personal effects as possible. It’s ok to have a photo or two, but try to make the space feel as neutral as possible. You’ll also want to declutter; clean out closets, cabinets, and the garage to make everything feel more spacious.

You’ll also want to get rid of any unnecessary furniture or decor that makes your space feel cluttered. When you’re staging, taking a minimalist approach to furniture and decor will have the most positive impact on potential buyers.

4. Clean until it sparkles.

This should go without saying, but before you stage your home, you need to make sure every inch of your home is thoroughly and properly cleaned. This is not a time to cut corners; if a potential buyer comes into your home and sees dust bunnies under the bed or a ring of grime around your bathtub, it’s going to be a major turnoff and could potentially cost you the sale.

Spend an entire day cleaning your house from top to bottom. Or, if cleaning isn’t your expertise, hire an expert from your local cleaning business.

 

With these 4 staging secrets, your house will be staged and ready to sell in no time.

Posted on January 13, 2018 at 9:12 am
John Hamilton | Category: Selling A Home | Tagged , , , ,