3 of the Most Important Things to Remember When Selling Your Home4/22/2020
Selling your home is one of the most important and potentially lucrative decisions you will ever make in life. It goes without saying that this is definitely something that you don’t want to leave to chance. Rather, you will want to make sure that you do everything right to guarantee that potential buyers will appreciate the value of your home so that it sells at a profit without languishing for too long on the market.
To that end, get familiar with these key opportunities to make your listing a successful one:
At the core of every home-selling effort is research. This is a great place to get started since selling your home is actually a more nuanced task than you might realize at first glance. There are, in fact, many processes to consider and remember that can be overwhelming for a real estate novice. Doing your due diligence before anything else will undoubtedly do wonders in making the journey more manageable.
For instance, listing your home on a Thursday or Friday might be to your advantage, and how you set your price can be eye-catching or off-putting to potential buyers. Finding a listing agent who knows the local market and can help guide your decisions is an endeavor worth undertaking early on, and there are some other things you can do before your listing goes live.
No doubt, pricing is also one of the most pressing things to think about when selling your home. The real estate market is generally a very competitive one, so it’s crucial not to price your property too high or too low in order to guarantee success. Rather, you want it to be competitive, so do the legwork and find out how much homes are selling for in your immediate area and how they compare to yours. Ditto for properties that are yet to be sold, as well.
Of course, being competitive also means that you want your property to be more attractive than the competition so that it sells quickly and profitably. This makes staging very crucial. In fact, much of the success of your home’s sale hinges on it.
And as Reader’s Digest explains, it’s wise to consider home improvement projects that are particularly compelling to potential buyers, such as kitchen upgrades and bathroom renovations. Don’t leave out some trendy touches as well, but don’t get carried away. Keep in mind you want an overall look that isn’t “too” anything, offering the broadest possible appeal to house hunters.
Along those same lines, depersonalization is also critical. Buyers are more compelled to buy a home that they can see as theirs, so make sure to remove all your clutter and change too-personal and unique details, like stripping off whimsical carpeting in favor of hardwood floors. And of course, don’t forget to deep clean before showings to put your—or more accurately, your home’s—best foot forward.
Last-Minute Repair Resources for Harried Homeowners
When it comes to selling a home as quickly as possible, you need
the right contractors at your fingertips when unexpected issues arise.
Finally, know that it’s not enough to have a nice home that’s priced well and listed at the most opportune time. Such measures will still fail if nobody knows that your property is out there and ripe for the picking.
You need a solid marketing strategy to get your property on the radar of people who are on the market for a new home. This will entail promoting your listing on the right platforms to reach home buyers. Your listing agent can help guide your choices in this regard.
Of course, getting pro-quality photos of your property is another must. More often than not, these photos are the first thing that potential buyers see, so these should be able to offer a lasting first impression and even be compelling enough to get buyers to the showing.
Selling your home is an exercise in planning and strategic thinking. Do your research, stage and price appropriately, depersonalize, and find a great agent to help guide you through this process. Thanks to good decisions on your part, ultimately, your home will sell itself.
Written By: Shirley Martin, tidylifetoday.com