Putting your home on market can be stressful, no matter if you’re a rookie or if you’ve sold a home before. There’s a lot that goes into making sure you get the best value possible for your hard-earned investment. Here are some tips to keep in mind while you are navigating this process in 2017:
Home Selling Tips 2017
Price your home fairly from the start. This is the most important decision when selling your home. Some make the mistake of purposely price their home above market value at first, thinking their price will be negotiated down to fair value. But this is rarely how it works out. The fact of the matter is, when your home is overpriced, it stays on the market longer. This creates less urgency in the minds of the buyers and therefore less leverage for the seller to garner multiple offers at once. There are many tools out there to gauge fair market value for your home, such as realtor.com/sell.
Utilize social media. It’s wise to advertise where buyers are looking, and that is online. Advertising your listing on social media sites such as Facebook, Twitter, and Instagram can generate more interest than just sticking to traditional real estate sales methods.
Get your listing photos to stand out from the rest. Listing photos are not a detail that should be underestimated. Hiring a professional real estate photographer should be strongly considered. There are also ways to get creative using current technology, such as utilizing drone photography and 3-D virtual tours.
Hire the right real estate agent. Your real estate agent should know your market inside-and-out, right down to your block. The right real estate agent should also know who is likely in the market to buy your home (single professionals or families for example). This way, you can make an adjustment to your listing that makes it more appealing to the likely buyer.
Take your first offer seriously. With a new president now in office, there is some uncertainty on how new potential policies will affect the real estate market. And when there is uncertainty in the marketplace, it makes it much riskier to pass on the first offer (even if it’s not the full price you’re hoping for).
Consider selling your home for cash as an option. Particularly if you’re in a position where you’re looking to sell quickly. In this case, this could be the right option for you. The home sale process is streamlined (that means no need for real estate agent) and you can get cash in hand within days of accepting an offer. If you’re interested in selling your home for cash, learn more about how we can help.