3 Key Things To Prioritize When Selling Your Home
The current sellers' market is full of opportunities. Right now, there is a high buyer demand coupled with record-low inventory creating the perfect time to sell your house. However, there are still some key things to keep in mind so you can avoid costly mistakes and get the most out of your big move.
Price Your House Correctly
It's a common belief that when inventory is low like it is right now, buyers will pay whatever we ask for as a listing price. Unfortunately, that's often not always the case. Listing your house for the right price is important even in a sellers' market. This maximizes the number of buyers that see your house and encourages a bidding war environment, which increases the likelihood of the final sale price being much higher. Teaming up with a knowledgeable and skilled real estate professional can help you set the best price for your property so you can get the best deal and achieve your financial goals.
Mind Your Emotions
Currently, homeowners are continuing to live in their houses longer than they used to. Since 1985, the length of time the average homeowner owns their home has doubled.
Unfortunately, when you live in one place for so long, you may tend to get emotionally attached to that home - especially if it's the first house you purchased or where your children grew up. Your home can, and likely does, mean something special to you. Every room has a memory, and it can be hard to let that go.
Some homeowners find it hard to separate that sentimental value and connection to the house from the fair market price. Finding a skilled real estate professional can help you with this and the negotiations along the way.
Stage Your House For Buyers
Most of us are proud of our home décor and how we've made our house our home - and we should. The thing is, buyers may not feel the same way. That's why you'll want to stage your house in a specific way.
When a buyer is looking at a house, they want to be able to picture themselves living in the space and see if it truly feels like they could make it their own. They need to imagine being there with their family, friends, furniture, and keepsakes – not someone else's. Staging, cleaning, and decluttering are important so they can visualize how they could see themselves in a new home as they walk through each room. To make sure your staging is on point, team up with a real estate professional who can help you get your home ready to sell.
Bottom Line
We're in a sellers' market and now might be the best time to make a move. If you're considering selling your house, contact us today and get the expert guidance you need to navigate and prioritize these key elements.