Tips and Strategies for Selling Your Home

Unlocking the Secrets to a Successful Home Sale:
Expert Tips & Strategies by a 5-Star M&D Real Estate Agent

First, Should You Sell?

  • Compare the Pros and Cons –
    • What is your motivation to sell? Are you committed to selling?
    • Write down all of the pros and cons to selling your home, and make sure this is the right step for you.
Write Down the Pro's and Con's of Selling

Consider the Market.

  • As far as the market goes, now is still a great time to sell your home.
  • It is still a seller’s market in most areas of D-FW, while other areas of the region are beginning to enter a more balanced market.
  • Your home value should still reflect the gains of the past few years, which are significant. In fact, in North Texas, average home values have increased a whopping 50% since January 2020.
    • So, if you bought your home in January 2020 for $325,000, today your home is worth about $487,500.
    • Let us know if you’re interested in your home’s estimated sales price, and we can run comps for you and let you know the exact price we would advise you to list it on the market for. 

Next, Choose a Good Agent.

  • Interview Potential Agents –
    • Get recommendations and do some online research for who has the best reviews.
    • You will want to interview 3 potential agents, at least. This is one of your biggest investments and assets. Make sure you have the representation you deserve.
    • This includes someone with excellent communication skills, top-notch negotiation ability and stand-out marketing that will get you top dollar for your property.

Set the Right Price, and Find a Lender.

  • 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.
    • Choose a good REALTOR who is highly experienced, and listen to their advice on which price point will you get the highest amount and most offers.
  • Find 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 previously just a couple of months ago.
    • Check out new mortgage offers and compare rates and fees.
    • Get a pre-approval letter so you know what you can qualify for first.

Prepare Your Home For the Sale.

  • Do small repairs & repaint if you can. You will want to secure make-ready services, which M&D provides its customers, in order to fix any broken tiles, minor fixes around the house and make your property appear in the best light possible. If you can, repaint the inside of the house to spruce it up.
  • 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.
  • Stage the home. Staging involves giving potential buyers a glimpse of what life could be with this as their home. You can hire a professional stager or ask your agent how to stage. Move furniture, get rid of some things, and add pretty throw pillows, a nice rug or some potted plants.

Market the Home.

  • 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. And, homes with videos got over 403% more views than homes without a marketing video.
  • Social Media – Over 97 percent of buyers search for properties online, and of the average eight homes buyers view before purchasing, three were homes they saw ONLY online. It is important to have a pervasive 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, and more. At M&D, we ensure homes we market go on 100+ internet sites so a wide-array of potential buyers can view the home and all it has to offer.

Why Choose M&D Real Estate?

At M&D Real Estate, our agents are experts in getting clients over-asking on their homes. 

This is why our agents and firm were just ranked #1 in Rockwall, Kaufman and Hunt Counties for getting clients the most over-list price when selling their homes, an average of 2.7% more than any other broker in the region!

We know negotiation and we know how to market and sale a home. 

So if you’re thinking of selling, consider M&D Real Estate Services. 

We have all 5-Stars on Google and Facebook – meaning, we do not have unhappy clients!

Click here to contact us today!

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