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Pricing Your Home Correctly

Why is it Important to Price Your Home Competitively When it First Hits the Market?

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Getting the best possible deal when selling a home is all about making your house stand out – while spending as little additional time & money as possible. 

In a housing market still adjusting to some of the economic effects of the COVID-19 pandemic, doing everything you can to make the most money on your home is especially important.

To make the right decisions, you need to understand what is driving home sales in your region. There is evidence that buyers are returning to the market due to low mortgage rates & a stabilizing housing inventory. But things continue to evolve and change every week, so its cucial not to rely too heavily on expectations based on historical housing data.

How Can I Sell My House Fast for a Good Price?

Okay, so you have contacted me your agent, but what can you do to help your house sell faster? If all else fails, theres one tried-and-true trick that is proven to reduce your houses time on the market – and the answer is (drum roll, please): home staging: It is true! Most sellers agents agree that staging your house before selling it allow you receive an offer faster. If your budget is very tight, you may think you cant afford to stage your home. 

Channel Your Inner Neat Freak

You always knew your tidying tendencies would come in handy one day. Now its time to clutter-bust your way to customers hearts!

De-cluttering isnt rocket science people – but it is the key to creating a pleasing environment.

Pay special attention to common areas in your house:

  • Tabletops
  • Magazine racks
  • Kitchen and bathroom counters
  • Fireplace mantels
  • Laundry room shelves

Think Like a Buyer

Cleaning your house for home showings is common sense. But many folks underestimate just how clean your house needs to be.

This is not your run-of-the-mill weekend tidy-up. Think of it as spring cleaning process on steroids. Youve got to think about what customers look for and get down to the nitty-gritty so that even the smallest details shine. From ceiling fans and window blinds to baseboards and tile grout, no surface goes unscrubbed!

Set the Right Price

Figuring out the right cost to list your home at can be tricky. You want to make the most money, but also attract customers & sell your house quickly. This step is where a good agent is crucial. Having your agent complete a comparative market analysis (CMA) will show you what similar properties in the region have sold for recently. 

Most real estate agents will perform a CMA for absolutely free; you can ask for and compare CMAs from multiple agents before you decide which agent to list your home with.

Make Essential Repairs

As a home seller, you are not required to hire a house inspector, but you may want too anyway. We always recommend homeowners get an inspection before listing since it can help preempt potential negotiation points for customers. Being able to make necessary repairs in advance can also expedite the closing procedure. 

I hope you enjoyed this week’s Blog Brought to you by The Fields Group

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