Today’s housing market is different than it was just a few months ago. Homes are staying on the market longer and many sellers are reducing prices to meet the market. So what does that mean for you and what do you need to do differently to get a good result? The answer is simple. Taking the time upfront to create a solid plan to prepare your house appropriately can help bring in the greatest return on the sale of your home.
Here are a few ways to ensure you maximize the sale of your house this season.
Price It Right
Put yourself in the buyer’s shoes to find the price that makes sense in today’s market. Realizing that mortgage prices have increased and figuring out what a payment on your loan price will do to the marketability of your home is important. You can do this by using an online mortgage payment calculator. Look at this monthly payment and see if this would match the salary of the average couple in your neighborhood and try to set a price based on what a buyer will be able to pay considering most people wouldn’t be able to afford more than 33% of their income toward a payment.
Couple this with advice on comparable sold homes from a trusted real estate advisor to determine the current market value for your home.
Help Buyers Feel at Home
Finally, it’s important for buyers to see all the possible ways they can make your house their next home. The best and easiest way to make buyer’s welcome is by removing personal items, like pictures, awards, and sentimental belongings. It’s also a good idea to remove any excess furniture to help the rooms feel bigger and make sure there’s ample space for touring buyers to stand and look at the layout.
If you’re unsure what should be packed away and what can stay, consult your trusted real estate advisor. Spending the time on this step can pay off in the long run.
Bottom Line
Selling a house requires some preparation and trusted expertise. If you’re looking to sell your house this season, lean on a real estate professional for advice on how to get it ready to list, how to help it stand out in today’s shifting market, and more.
If you are interested in what your home could sell in today’s market please reach out to one of our experienced real estate professionals or visit
jelmbergteam.com/home-valuation/ for an instant home valuation.
