The real estate market has been on the rise for the past few years, and for those who have considered selling, now is the time. Whether you plan to upgrade in expectation of a new arrival in the family or downsize now that the kids have moved out, joining this seller’s market is a good idea, but there are a few things you should do before putting your home on the market.
Get a Home Valuation
Even if you just bought your current home a few months ago, it may not be worth the same as it was when you purchased it. Homes rarely are as the market fluctuates so often and neighborhoods steadily grow better or worse. With the upward shift in the real estate market, however, most properties have increased in value over the past few years. Because of this, it is extremely important that you get an expert home valuation to avoid selling for less than your home is worth or placing it on the market at too high a price to sell.
Some companies specialize in home valuations, but it is typically easier to have it performed by a real estate company like Drew Sineath & Associates, Inc. as you can ask them more questions about the sale process than a home valuation specialist might know the answers for.
Make it Clean and Neutral
It may have just been a year or two since you last painted or had your floors redone or polished, but doing so before listing your home can have a major impact on the ease of selling as well as the price at which you’re able to sell it. People often have a hard time visualizing themselves in a new home, so putting on a clean, fresh coat of paint where it is needed and sprucing up the floors will make yours more appealing while ensuring most spaces are in neutral colors can help buyers visualize how they would like to redecorate after they move in. This is especially important if you have unusual colorings like bright orange walls in the bathroom or pink carpet in the living room as these things can turn off many types of buyers. Likewise, lack of overall cleanliness can have a similar impact of turning potential buyers away.
Start Packing or Declutter
People want space and a cluttered home can feel tighter than it already is. If you organize to make everything appear a little less cluttered or even start packing up some of your belongings to get them out of the way, this can make potential buyers feel as if the space in your home is much better than it otherwise would. If you choose to pack some things, it also means some of your packing is out of the way before you start the official move-out process.
Get an Inspection
As mentioned before, the real estate market is booming. This means that buyers will be on the hunt for the best offers and sellers may need to become more competitive in some cases. Having the inspection already done is great in the eyes of the buyer, the one who usually has to have the inspection performed, because it means they don’t have to do it. It also means fewer surprises and roadblocks during the negotiation process as you will already be aware of any problems and even have an opportunity to fix them before they become a real issue. Anything that slows down the negotiation can stop it altogether, so this could have a major impact.