New Construction: Exploring the Benefits of Building a Custom HomeThere is no denying that real estate is one of the greatest investments a person can make. Not only does real estate have a
Tips and Advice for Selling a Home in the Current Market
Dated: November 6 2021
The real estate market has been going haywire for the last year, with people eager to create a space for themselves. Luckily for sellers, most areas are in a sellers’ market, with high demand and fewer homes.
If you're eager to sell your home and want to ensure you get the most money possible for it so that you can start the next step of your life: these are the most important things you can do for your property!
Every home has unique features that make it an excellent property. For some, those features may be radiant heat insulation or a five-piece bathroom, and your job as a seller is to make sure your listing agent is aware of what your home has to offer.
Create a list of your home's major perks, so your agent has them in writing. Then, when you're agent comes out to list your house, show off your newly painted walls and make sure that you show off all of the visible perks you can. Don't assume your realtor will notice everything. Guide them.
If you want to increase your chances of the home selling quickly, one of the best things you can do is renovate portions of the home that needs it. This may mean updating the cladding to steel siding so that it lasts longer and is in better shape or redoing the carpets or wood flooring throughout the home so that potential buyers feel like they're stepping into a brand new construction.
Renovations aren't there to hide flaws; they exist so that you can correct any problems before buyers even realize they're there and turn these spaces into perks instead.
Updates don't necessarily have to be huge! Instead, consider several small updates, changes, and upgrades to increase the visual appeal of the entire property without having to break your budget. One of the best ways to do this is to replace fixtures, doorknobs, handles, and other small pieces that add up. These will improve the value of your entire property while saving you from having to do too many huge renovations.
Beyond your home’s faux wood floors and gorgeous decor, there's a community that you should be sure to highlight to your agent. Share stories about the fantastic parts of the area that make you happy to live there. Tell your agent how you appreciate the great schools. Talk about the convenience of the shopping and restaurants that someone may be interested in, so they can pass that along to buyers’ agents.
When someone buys a home, they are not just buying the property; they're buying the community that they're in. So don't hold back when you tell your realtor what would make potential buyers excited to move to the area. Consider the age and life stage of people interested in your home so you can show which perks will be most appealing to them.
Staging your home is one of the best-kept secrets of successful sales. A well-staged home will sell faster and for more money than its competitors. Unfortunately, buying a full home's worth of furniture to make it look modern isn't cost-effective, so you might consider renting furniture to stage your home instead.
When you stage your property, ensure that you're showing off the best parts of it, from the large open spaces to high ceilings. Of course, you can't stage everything, and updates will require you to look up things like a new garage door cost, but staging is simply for the appearance.
Your realtor is there to do this step; you have to remember to be open to the process. For example, depending on your living situation, you could stage an area for a photo only. Talk with your realtor about what you are willing to do and what you feel is unrealistic.
The exterior of your property is the siren song that will lure in your buyers so that they want to see more. You can update it cheaply by mowing and doing your lawn maintenance. For a bigger difference, consider power washing your siding and concrete areas outdoors so that they look like new. This can be time and work-intensive, but putting in a weekend or two to touch up your yard can pull people into your property.
The more people that look through your home, the higher chance you'll have offers or that your property may start a bidding war. Of course, the exterior isn't everything, but it's important enough to spark their interest.
As long as your property is in good condition and well maintained: it's going to sell. Any of these extra things you do to improve your property is just going to help it sell for more money and at a faster speed. So take the time to update your property and create a space that's appealing to buyers, and you won't have any trouble selling!
Andrea Erickson is a contributor to Innovative Building Materials. She is a blogger and content writer for the real estate industry. Andrea is focused on helping fellow homeowners, contractors, and architects discover materials and methods of construction that increase property value, maximize energy savings, and turn houses into homes.
As a fourth generation native New Mexican and lifelong Albuquerque resident, Jeff Rose has a unique vision for the Albuquerque Real Estate market. He earned a BBA in Human Resources and Marketing fro....
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The real estate market has been going haywire for the last year, with people eager to create a space for themselves. Luckily for sellers, most areas are in a sellers’ market, with high demand