When selling a house, homeowners quickly realize they have a lot to learn about the world of real estate. They often have lots of questions, including how much is their home worth, what should be fixed, how to best present their home. Our answers below will bring homeowners one step closer to placing a ‘sold’ sign on their lawn.
5 Tips for Selling a House
Research Market Value
Since home prices constantly fluctuate, it’s smart to begin the process by examining the local housing market. While not every home sells for exactly the same price, a look at comparable size homes in the vicinity offers a glimpse into what the market will bear.
Fix What’s Broken
With great locations and school districts, Nassau County and Suffolk County homes carry a hefty price tag. As a result, buyers have earned the right to be picky about what property they choose.
Homeowners that go the extra mile to fix small problems before putting their property on the market tend to attract more buyers. This strategy pays off in the long run. Money which is invested fixing up a house is usually more than recouped when the property is eventually sold.
Set the Right Price
Selling a house requires just the right price point.
If the price is too high, buyers may be scared off. If it’s too low, the homeowner will lose money.
Real estate agents suggest setting a price just below market value to attract more buyers. This smart strategy attracts Long Island homebuyers searching for value in their purchase.
Curb Appeal
First impressions are everything to homebuyers who look at many different houses at once. Homeowners can’t afford to create a bad first impression. A house in need of a coat of paint sells slower than one in move-in ready condition.
For those serious about selling, invest the time and effort to take care of all the little details, including landscaping and power washing, to present a beautiful looking home.
Curb appeal has become so important today that it can mean the difference between closing a deal and lowering an asking price.
Stage the House
Homebuyers today are searching for properties that are inviting and pleasing to the eye. While selling a house, real estate experts suggest staging a home specifically for buyers.
Staging a house, though, is more than just washing a few floors. Qualified offers increase for homes that are shown in their best light.
Steps to take:
- Hire a cleaning crew
- Declutter
- Depersonalize the house
- Paint and decorate with neutral colors
- Don’t neglect outdoor spaces
It goes without saying, selling a house is a project, which requires a lot of time, effort and planning. Most homeowners don’t do it alone. They often rely on the help of a local real estate agent, who has the experience and expertise necessary to get the job done.
