The real estate market is always changing, and if you’re looking to sell your home in today’s market, it’s important to be aware of the latest trends and tips. Here are eight tips firms such as Nelson Partners recommend for selling your home in today’s market.
1: Price your home correctly.
Homeowners in today’s market should price their homes competitively and with the market in mind. Pricing your home too high could mean it stays on the market longer than you’d like, and pricing it too low could mean that you miss out on some profit. Make sure you research comparable homes in your area to help determine a fair price.
2: Keep your home in top-notch shape.
Prospective buyers will be looking closely at the condition of your home, so it’s important to make sure you keep things in tip-top shape before you put it on the market. That means getting rid of any clutter, repairing or replacing damaged fixtures, and updating any outdated items.
3: Set the right tone.
Be prepared to set your home apart from other listings in your area by choosing an appropriate asking price, staging your home, and creating a positive first impression for prospective buyers. It’s also important to consider including amenities that aren’t included with most homes on the market today, such as built-in appliances or central air.
4: Research the market.
You’ll want to do some research about how much homes are selling for in your neighborhood before you put yours on the market, so you don’t price it too high or low. Get an idea of how many days homes have been sitting on the market and what buyers are looking for by talking to a real estate agent and checking out listings in your area.
5: Look professional.
Once you’ve got a good idea of what the market is like, create a flyer that outlines why someone should buy your home and include pictures of things that make it unique, such as remodeled bathrooms, recently updated appliances, or an impressive yard. Don’t forget to include the selling points you identified in your research, such as a prime location or a large yard.
6: Use a real estate agent.
Using an experienced real estate agent will help you price your house competitively and avoid mistakes that could lower the value of your home. It’s important to find someone who has experience selling homes like yours, so make sure you do some research beforehand.
7: Negotiate aggressively.
Once you’ve found a buyer and have agreed on a selling price, it’s important to negotiate aggressively. If you don’t counter the buyer’s offer, your home could sell for less than expected. Make sure you include any improvements or upgrades made to the property when negotiating, so you get market value for your home.
8: Be patient.
A common mistake sellers make is putting their home on the market and planning to sell it as quickly as possible, but this could actually cost you. It’s important to be patient and wait for the right buyers, so you get a fair price. You can always take your home off the market if you aren’t getting any offers and try again once you’ve made the necessary changes.
