Today’s housing market is full of unprecedented opportunities. High buyer demand paired with record-low housing inventory is creating the ultimate Seller’s market, which means it’s a fantastic time to sell your home! Here are some key things to think about so you can avoid costly mistakes and win big when you make a move.
Price Your House Right With the current low inventory market, its common to think buyers will pay whatever we ask when setting a list price. That is not always the case! Even in a seller’s market, listing your house for the right price will maximize the number of buyers that choose to see your home. This creates an environment for bidding wars, which in turn are more likely to increase the final sale price. Your real estate professional is the best person to help you set the best price for your house so you can achieve your financial goals.
Keep Your Emotions in Check Homeowners today are living in their houses for a longer period of time. Since 1985 the average homeowners tenure has increased from 5 to 10 years. The side effect of this can be getting even more emotionally attached to your home as the years go by. For some homeowners, that connection makes it even harder to separate the emotional value of the house from the fair market value. Your real estate professional can help you with the decisions along the way.
Stage Your Home As the homeowner, we’re generally quite proud of our decor and how we’ve customized our homes. However, not all buyer’s feel the same way about your design and personal touches. That’s why, before you think about selling, make sure you stage your house with the buyer in mind. Buyers need to see themselves inside your home with their furniture and keepsakes – not your pictures and decorations. Clean and declutter each room so they can visualize their own dreams as they walk through each room. Once again, your real estate professional can help you with tips on how to get your home ready to sell.