Before you list your home for sale:
Today’s market presents some very unique opportunities for buyers. With affordability near record highs and interest rates near record lows, many homeowners are making the decision to move up or on. Here are a few simple tips to take into consideration when listing your home for sale.
1. Curb Appeal: Buyers make snap judgments about each home they view. These judgments are drawn largely from first impressions. Be sure your home has impressive curb appeal. Fresh flowers and mulched beds, along with trimmed hedges and grass are a must. If your home needs a fresh coat of paint, now is the time to do it. If your paint is in good repair, consider painting your front door an eye-catching color, such as red or blue.
2. Inspection: An inspection can make or break a deal. Even after they have fallen in love with your house, a buyer may decide foundation issues or faulty electrical are too much of a headache. The benefits of having a home inspection done prior to listing can be a two-fold. First, your buyers will be aware of what repairs are needed before they make an offer, Second, you can choose to address these repairs and therefore have them removed from the scenario all together.
3. Repairs: Buyers are turned off by a long list of needed repairs. This goes double for the time-consuming or costly repairs, such as roof work or foundation issues. By identifying and addressing the issues, you may be able to save time and money in the ling run.
4. Organize Paperwork: There may be contracts or warranties you have on your home that will transfer to the new buyer. These can include appliances, builder warranties, and even contract with lawn and pool companies that were paid up-front.
5. Talk to your lender: How much new home can you afford? Are you able to sell your home for enough to cover the remaining balance of the loan? These are important questions to get answered prior to listing!
6. Prepare for showing: Staging a home for sale has multiple different layers. First, you should clean and organize. Have carpets cleaned and repaint dirty and loudly colored walls. Next, remove large and bulky furniture, as these make rooms appear smaller. And finally, take down personal pictures, trophies, and memorabilia that could distract the buyer from what they are actually interested in…your house!
Every seller needs a competitive edge in today’s market. By being prepared for selling prior to listing, you can gain an advantage. Talk to your real estate agent Jeff Discher for more tips!