Today’s property market is a highly competitive one, with supply far outweighing demand. Purchasing a home is one of the most important decisions anyone makes in their lifetime. With plenty of options on the market, most prospective buyers are always looking for homes that best match their budget and preference and offer the best value. If you are looking to sell your house, you could be looking for ways to help make a quick sale. At Aspen Home Improvements, we’d love our clients to get the best resale value for your home. In this article, we arm you with five tips for selling your home in a harsh real estate market.
It can be frustrating to wait for a prospective buyer after you have done everything in your power to keep your house ready for its next purchase. There are a few things you could do to speed up the sale without significantly affecting your revenues. The tips listed below will help you get your property off the market at the best possible price.
Improve Your Curb Appeal
In the real estate world, clients are allowed to ‘judge the book by its cover.’ Curb appeal is your home’s first impression and is very crucial to make a quick sale. It is your duty to ensure that as they step onto your property, your clients get unobstructed views of your front door. You should take a walk around the block and out onto the street and take a critical look at your property. You can take photos from several angles as these help you view your home from a stranger’s perspective. Find the shortcomings and come up with ways to improve on your building’s exterior façade. You can improve your curb appeal by updating your lighting fixtures, maintaining your lawn, designing a path, decorating your front door, and trimming trees & bushes.
Offer a Reasonable Price
Choosing the right price will help you get your property off the market fast. To come up with the right price for your home, get a Comparative Market Analysis of your area’s property market, and have a realtor help you determine the best asking price. You can also have your friends and neighbors tour your property and give you estimates of what they could pay for the home. For the best results, you can set your asking price at 20% below the established market value. This will attract a good number of buyers who will try to outbid each other, and the final buyer may end up paying more than your home’s market value.
Find a Reputable Realtor
It is in your realtor’s best interest to sell your home at the perfect price. There are several values in getting a realtor who may end up saving you time and money. Choosing the right realtor has an impact on the successful sale of your home. A realtor has better knowledge of the property market than the homeowner. Good realtors can also differentiate qualified buyers from tire kickers. With their experience in the property market, they also offer unmatched marketing knowledge. When selecting a realtor, you should look into their reputation, marketing plans, and in-depth knowledge about your property market.
Depersonalize your Home
While the households have a lot of memories for you and your family, displaying your personal items may hinder the sale of your home, before you take any photos for online listings, you should remove your personality so that prospective buyers can imagine their own character in your house. You should remove any family photos, mementos and collectibles to keep the home as neutral and straightforward as it can be. Declutter your closets and storage units, get rid of junk and trinkets, so the house remains clean and welcoming.
Understand your Home’s Selling Point
To find the right buyers for your house, you should know what makes it stand out. Since every home is unique in its own way, knowing what makes your house tick will help you market your home to qualified buyers. You could consult your realtor and neighbors to help you identify your home’s salient features. Does your home have an indoor gym? Have a heated swimming pool? In a good school neighborhood? Or does it have the largest yard in your neighborhood? Marketing using your home’s unique selling points gives your house more value in the eyes of your prospective buyers.
To sell your home, you need to do a little extra work. With the steps we have discussed in this article, you can easily grab buyers’ attention, helping move your home off the market fast. If you are in Pennsylvania, Virginia, and Maryland, contact Aspen for your home improvement needs today. We offer the best in replacement windows, doors, and siding, helping you improve the value of your home.