Everything Homeowners Need to Know About Selling in Today's Market

Selling a home can be an overwhelming process, and understanding the current market conditions is essential for getting top dollar for your property. With the pandemic and other factors affecting how homes are bought and sold, it’s important that homeowners know what they should expect when selling their homes in today’s market. Here’s a look at the key things that homeowners should consider before listing their homes.
The Benefits of Selling Now
For many potential sellers, there are several advantages to putting their property on the market now. First of all, there's a decreased supply of housing due to market uncertainty and high rates. This means that buyers who have been waiting to purchase their first or second home may be ready to take advantage of these additional options now. Additionally, as a Seller now, you can be confident that you will find your next home quickly compared to the uncertainty of the previous market which made it so that Sellers didn't know where they would go next. You may be worried that the value of your house has dropped and you have less purchasing power, however, the price of the house you will buy next has likely dropped at an equal rate. Couple that with a superior agent advocating for you, you could take the proper steps to sell HIGH, and buy LOW. Our clients haven't yet paid asking price, or over, we always find prices below market value.
Preparing Your Home for Sale
Now more than ever, it’s important to make sure your home is in tip-top shape before listing it on the market. A few simple updates can go a long way towards making your house attractive to buyers. Decluttering is always key; you want prospective buyers to be able to envision themselves living in your space without distractions from clutter or personal items. It’s also a good idea to invest in a professional deep clean throughout the entire house and consider doing some basic renovations if needed—like repainting any walls and trim that need refreshing or replacing outdated fixtures—to help make your home stand out from others on the market. Our company has a trusted vendor partner that will provide services for cleaning, decluttering, staging, small repairs like replacing bedroom carpet or paint, or large renovations such as a new kitchen and repainting the entire house. They will do all of the work for you, and get paid at closing, or a year after working for you. This is a nice option to make an investment into your sale without spending cash out of pocket. They don't add extra service fees to their work so you can capture the increased value of your house as a result of the work completed. This is both important to consider prior to listing, and doing instead of a large price reduction.
Working With an Experienced Real Estate Professional
When it comes time to list your house, having an experienced real estate professional on your side can make all the difference in achieving success with your sale. From helping you accurately price your home based on local market trends and not your own ideas, finding qualified buyers quickly, guiding you through negotiations and paperwork and ensuring smooth transactions throughout the process—a knowledgeable agent will act as advocate for you every step of the way throughout this exciting (but sometimes stressful) process!
Some of the things that we suggest you ask before hiring a Realtor are:
- Do you provide professional photos and videos for your listings?
- Do you take long and short-form video to showcase your listings on all social media platforms?
- Do you have a presence on Google that bring consumer trust to your practice?
- Do you fully market and advertise open houses so that they are worth the time and headache?
- Do you advertise your listings with Facebook and Google Ads?
- Do you offer targeted mailers for your listings?
- Do you suggest staging services for your listings?
- What do you do to make your listings stand out in our market?
- Do you have a written marketing plan you utilize or create to sell homes quickly and for the most money?
Conclusion
Selling a home during these ever-changing times can seem daunting but with proper preparation and guidance from an experienced real estate professional, homeowners can confidently enter today’s real estate market knowing that they have taken all steps necessary for success! Arm yourself with knowledge about current trends in order to get top dollar when it comes time list—and don't forget all of those little details along the way! With everything taken care of up front, you'll find yourself feeling more confident as you embark upon this journey towards selling your home.
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