Compare the Pro’s and Con’s. What is your motivation to sell? Are you committed to selling? Write down all of the pro’s and con’s to selling your home and make sure this is the right step for you.
Consider the Market. As far as the market goes, now is still a great time to sale your home. It is still a seller’s market, even if it is shifting towards a more balanced market. Your home value should still reflect the gains of the past couple of years, which are significant.
Let an M&D Agent know if you’re interested in your home’s estimated sales price, and we can run comps for you and get you that number. You can also get a general range by using our free home value estimator tool here.
Get the Price Right. Setting the price is one of the most important steps there is, especially in this current market. You do not want to be overpriced. The sweet spot is understanding very recent comps (homes sold in the past 4 weeks), and setting the price based on the current market and so that you pique people’s interest and not scare them away. Make sure and recoup that equity you have gained, but be careful not to set your expectations unrealistically high.
Finder a Lender. If you’re planning to buy after you sell, the good news is you will have more to choose from and will be entering a slightly friendlier buyer’s market than it was just a couple of months ago. Check out new mortgage offers and compare rates and fees. Get a preapproval letter so you know what you can qualify for.
Do Small Repairs & Repaint if You Can Afford It. You will want to secure make-ready services, which M&D provides its clients, in order to make small fixes. This can include broken tiles, re-caulking in the bathroom, other minor fixes around the house and any small repair you can make to ensure your property appears in the best light possible. If you can, repaint the house to spruce it up. Neutral colors are always best.
Declutter & Depersonalize. Next, start clearing away about 50 percent of the items in your home. You want it to look appealing, which will mean removing any bulky, excess furniture, knick-knacks and the like. Put extra stuff outside in the garage or in a storage unit to get ready for the move. Remove anything personal, such as family photos. You want potential buyers to see themselves in the home, instead of seeing it as your home.
Want to Renovate? Make sure to consult with your agent on what will get you the best return. The rule of thumb here is typically floors, countertops and paint.
These are some of the top ways to get more out of your home and the best bang for you buck. Ask for professional guidance, however, as you do not want to spend unnecessary money on things you do not need to fix or change.
Professional Photography & Video. In a recent NAR study, 96 percent of people found photos helpful and important when looking for a new home. It’s important to capture your home in the best light possible in photos and video for marketing purposes.
Social Media. Over 97 percent of buyers search for properties online, and of the average eight homes buyers view, three they view ONLY online. It is important to have a massive digital presence when marketing your home for sale.
Third-Party Platforms. Similar to what we just mentioned, an online presence is crucial in this day and age to selling your home. Make sure you have a firm or agent that is going to ensure your home is on major third party platforms, such as Zillow, Trulia, Realtor.com and more. At M&D, we ensure through a listing service that homes we market go on 100+ internet sites to ensure a wide-array of potential buyers can view the home and all it has to offer.
At M&D Real Estate, we are ranked #1 in getting clients OVER-ASKING price on their homes.
We know negotiations, and we know how to market and sale your home to get you top dollar in the quickest timeframe possible. So if you’re thinking of selling — or know someone who is — please consider giving us a call today. We have all 5-Star reviews on Google and Facebook – which ultimately means, we fortunately do not have unhappy clients!!
Give us a call today at (972) 772-6025, and let’s get started!
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