Is the Wintertime a good time to sell your home? Â Yes. Â Alot of sellers either take their home off the market for the Holidays, or wait until Spring to put it on the market. Â It is a good time as inventory is low and your competion will be less.Â
In this market, it's a lot easier to sell your home quickly than it would have been just a year or so ago. As the economy continues to improve and interest rates remain near historic lows, buyers are out in droves, making it a true seller's market in many areas. We see it in the low inventory of homes for sale, which is making those in the buying mood very focused and driven. Buyers looking for a place to call home are bidding up local home prices as they compete for fewer and fewer attractively priced, move-in-ready properties. There is only one question for sellers: Are you doing everything you can to maximize your final sales price?
With our market today, you need to know how to position your property to get the best price while still selling it quickly and easily. If your home is in good condition, in a good location and priced right, it will unlock the wallets of today's buyers. Keep reading to find out about the top seven ways to get your home sold fast -- for more!
#1 Price RightSetting the right price for today's market is critical. Not yesterday's price. Not an online algorithm-produced guesstimate. Not your dream price. The right price is the market price based on the latest comparable sold homes, with a nod to the current competition's asking prices and recently expired listings that define the overpriced ceiling. As your neighborhood specialists, we are in the best position to give you that true right-price data based on our street-smart, hyperlocal knowledge of your area.
#2 Think Outside The Box
Stand outside your home and look around. You can't make trees grow tall and shady overnight, but you can rake up leaves and debris in your yard. You can't change the location of bushes easily, but you can trim and shape them attractively. Paint and polish your entrance. Put a few potted flowers around the yard. Powerwash the patio and seal the deck.
#3 Web Appeal
Curb appeal -- making your home look great as a potential buyer pulls up to tour it -- is something that's vitally important. First and foremost, you have to get the buyers interested enough to want to tour your home. The best way to do that is make sure your home looks inviting online. The majority of buyers surf Internet sites first to select homes to tour. To make the drive-by hot list be sure your home looks its best in every single photo -- clean, clutter-free, staged, bright and airy.
#4 Step Away
When your home is for sale, it's no longer your warm and fuzzy abode. It's a product that is on the market to be sold to a new owner. As difficult as it may be, you need to work hard to remove your sentimental connection to your home (turn your thoughts to your next new home), price it to sell and look at the process strictly as a business transaction. Smart buyers don't get attached to a home until they have the keys; think like they do and prepare yourself to hand over those keys.
#5 Share Details
Give potential buyers information about your home, including energy consumption -- previous year or two of all utility bills -- and the age of various components and systems -- roof, HVAC, appliances, etc. For aspects of your home you've added or improved, offer to share warranties, serial numbers, user manuals and contractor names. The more data you can provide, the more likely your property will look like the well-kept home that it is and invite offers.
#6 Store Off-Site
If you're like most homeowners, your home's storage areas are likely crammed full of things you're not currently using. Lots of storage is a great feature to have in a home, but when selling yours, it's better to make your closets, cabinets, basement, shed, crawlspace, attic and garage look close to empty. Buyers want to see that there is plenty of room for their things and not feel that they, too, will be bursting at the seams if they own your home.
#7 Consider All Offers
Once you have an offer in hand, be sure to weigh it seriously and respond promptly. It doesn't matter if it's not at your asking price; depending on your timeline, financial situation and family circumstance, you should consider what the cost is to continue waiting for another offer -- which might not, in the end, be as good. We'll help you look at the pros and cons of each and every offer you get and give you options on how to handle multiple offers as well.
Remember: Think like a buyer and make sure you showcase your home inside and out. With some planning and vision -- and a little work -- we can help you sell on your timetable and get the maximum price possible for you.
Â For more helpful suggestions we invite you to visit www.cbbaker.com