National and global financial issues lead to slow markets. When this is the case, you may find your home up for sale for months or, in some cases, years. With these four tips, you should be able to improve your chances of being able to SELL your home.
S is for Scoping Out The Local Market
You may have a selling price, but that doesn't mean you will get offers in that region. In fact, setting the selling price too high can lead to not getting any offers at all. Undervaluing is just as bad, as you run the risk of making your home look like a financial black hole.
Take the time to research the local market, finding out what other homes have sold for. The more you know, the better your asking price will be.
E is for Extracting the Best Agent
It's tempting to go it alone or get the cheapest agents, but neither of these will help you in a slow market. You want agents with a trusted reputation and who have managed sales in slow markets in the past. Research and talk to people in your area to find out who they used. Ask for recommendations, and keep an eye to the ground for the best offers.
When you are discussing your home with estate agents, find people who are excited about getting the home on the market. You want agencies that can answer all your questions, including where they will market your property for more exposure.
L is for Listening to a Home Inspector
You don't want to spend more money than you have to on the home, but this is one of those costs that can help. Buyers don't want to end up forking out extra money after the sale. They need their money for legal fees, mortgage payments, and insurance rates.
If your home needs some repair work, consider doing it. This is especially important for the minor, cosmetic problems that will make your home look perfect. You don't need to replace the whole bathroom, but do repair work to the tiles, for example.
L is for Love
Finally, go the extra mile to make your home look like the dream home for viewers. Home staging will get rid of the clutter and rearrange your furniture to make it look just right. A few changes will help rooms look bigger and give each space a purpose. It may not be what you use it for, but just what the viewers need to put in an offer.
You should be able to SELL your home must faster – even in a slow market – if you just remember these four tips. For more information, contact local professionals like #1 Properties of Casper.