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Homebuying & Selling
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3 min read
Unless you’ve been living under a rock for the past two years, you’re probably aware that we’re in a historically hot seller’s market for homes. In fact, current housing inventory is so low, if you have been living under a rock for the past two years, you may be able to slap a “For Sale” sign on the rock, list it on Zillow, and sell it within a week—above asking price.
Pent-up demand from buyers wanting to take advantage of low-interest rates while facing a shrinking pool of available homes has created favorable conditions for sellers.
There are major advantages to selling your home under current market conditions—homes spend less time on the market, sellers often receive multiple offers, and buyers are highly motivated to either offer more money or pay more than their share of the closing costs.
In this blog post, we’ll share some tips for getting top dollar on your home in a hot seller’s market.
1. Spruce Up Your Curb Appeal
They say that first impressions are everything, and with your home, they start at your curb. Make sure that every square foot of your property is well manicured and not an eyesore. Avoid having an uncut lawn, visible toys or trash, and neglected flowerbeds. Keeping everything clean and fresh adds to the beauty of your home.
Remember—your home’s exterior sells the interior and the interior lands the sale. If you can’t even get a buyer past the curb, how are you going to get them inside?
2. Cut Out the Clutter
Look, I get it, you’ve lived in your home for more than ten years and your husband has managed to acquire an entire collection of The Simpsons™ memorabilia, and against your wishes, has strategically placed it all over the house. It’s time for you to box it up, along with anything else that makes the house look cluttered or gives your lovely home the “lived-in look.” Buyers want to be able to imagine themselves and their things living inside. Give them enough free space to do so by removing clutter and keeping your home neat and clean during the selling process.
3. Don’t Let Unexpected Repairs Ruin Your Sale
Even the most responsible homeowner who takes care of regular maintenance will likely experience the occasional leak or creaky door. The worst thing you can do is try to cover it up and hide it from a potential buyer. It’s best to either fix it before putting your house on the market or list your house a little below market value, depending on the severity of the problem. If the problem isn’t fixed before the house is listed, you take a chance in turning buyers away who are looking for a move-in-ready home.
4. Give Your Buyers Some Breathing Room During Showings
There’s nothing more annoying for a buyer than being followed around, having someone breathing down their necks, and watching every move they make, especially when they’re walking around in your home trying to decide what’s best for their situation.
Selling your home can often leave you, and even the buyer, in an emotional state, so it’s best to let potential buyers look around without you present. This also gives the buyer another opportunity to imagine their family living there and to think about buying options with no interruptions.
All in all, selling your home is only as difficult as you make it. Following these tips and taking action will help you step foot in the right direction toward your ultimate goal—selling your home. The faster you sell your home, the faster you can move on to the next exciting chapter in your life!
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