If you’re preparing to sell a home, you probably have a few questions you’d like answers to before you list. Luckily, we’re here to help! This post will answer the three most common questions we get from soon-to-be sellers.
**What pricing strategy is best? **
Many sellers opt to price high because they are scared to leave money on the table. But, recently analyzed Zillow data suggests that’s a bad move. So what should you do to get the most money at closing? Years of home sale data proves that listing at or just under fair market value is the way to go. Doing so sparks buyer competition and can increase your final sale price by up to 7%.
How can I make my home attractive to buyers?
There are many ways to improve the curb appeal of your home, but how much you do may depend a lot on your budget and timeline.If you’re in a rush, a thorough cleaning and clutter-removal may be your best bet. On the contrary, if you have some time to get ready, you might want to think about painting, power washing the driveway, or even ripping out old carpet. Want to really makeover your space? Here are a few upgrades that will get you more money at closing!
**Should I sell now or should I wait? **
The real estate market ebbs and flows throughout the year – and the truth is, there are pros and cons to listing in the busy season and in the slower winter months. In the summer, there is more activity (a good thing) – but there are also a lot more listings, which means you’re facing more competition. In the winter, there are fewer listings and buyers tend to be more serious – two factors that can help you get a better price for your home. But it can take longer to get offers for your home. Ultimately, the season matters a lot less than overall market conditions. If you live in one of the many major metros with a thriving seller’s market – it’s a good time to sell.
Have any other questions? Post in the comments or send us an email. We’re happy to help any way we can!
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Posted in Preparing to Sell Your Home
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