Taking Advantage of a Seller's Market

In many parts of the country, the busy home buying season is well underway, and most areas are clear seller’s markets. If you are planning to sell your home soon, you may think this gives you a huge advantage, and you won’t have to work as hard to sell your home. Make no mistake, it’s still perfectly possible to sabotage your own sale. Here are a few things you can do to make sure you make the seller’s market conditions work to your advantage instead of against:

1. Price your home correctly. We cannot stress the importance of this enough. Many times, your asking price is what will make or break your sale, and it can mean the difference between selling your home quickly and for the most money, or having it languish on the market for weeks or even months. Be sure to hire a knowledgeable and experienced real estate agent, and work with them closely to make sure your home is priced correctly, considering all the relevant factors, such as market inventory and perceived vs. actual value.

2. Stage your home. You’ve probably already heard this advice before, and in case you’re still skeptical of how effective home staging really is, industry experts say that as many as 60 to 70% of potential home buyers need a little help imagining themselves living in a prospective home. Home staging is what will help them do this, by strategically giving them visual cues to picture your house as their home, which can often lead to a sale. Ask your real estate agent to refer a reputable professional home stager, or read our blog for tips on how to stage your home without spending too much time or money.

3. Boost your home’s curb appeal. Don’t make the mistake of focusing only on the inside of your home when trying to make it more attractive. Most potential home buyers will decide whether or not your home is worth looking at based on its outside appearance alone, so make sure you pay attention to its external condition as well. You don’t have to redo your entire home or take on any major renovations–oftentimes, the most cost-effective improvements such as simply giving it a fresh coat of paint can make a world of difference.

If you are planning to sell your home, let The Incorvaia Team make the process as easy as possible for you. Call us at 440-879-7130 today!